Healthier 2455 Hylan Realty Acquires Retail Property In Staten Island From ACHS Management
SOLD
$3,550,000
New York
See Similar DealsRetail6,560 SF
Sold 02/19/2021
SOLD
Healthier 2455 Hylan Realty Acquires Retail Property In Staten Island From ACHS Management
2455 Hylan Blvd, Staten Island, NY, USA
See Similar DealsRetail6,560 SF
Sold 02/19/2021
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$541
Total Square Footage:6,560 SF
Transaction Type:Sale
The retail property located at 2455 Hylan Blvd in Staten Island has been sold in a recent transaction. The property spans an area of 6,560 square feet and was sold for a total price of $3,550,000, resulting in a price per square foot of $541. The seller, ACHS Management represented by Alex Adjmi, completed the sale to the buyer, Healthier 2455 Hylan Realty, represented by Joyce Yee. The transaction was facilitated by broker John Oliveri of STL REALTY LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,550,000
- Market: Staten Island
- Address: 2455 Hylan Blvd
John Oliveri from STL REALTY LLC played a crucial role as the broker in this transaction, mediating between the buyer and the seller. Alex Adjmi represented ACHS Management in the sale, while Joyce Yee acted as the representative for Healthier 2455 Hylan Realty. The retail property at 2455 Hylan Blvd continues to be a noteworthy asset in the Staten Island market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73
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