Infinity Real Estate Acquires Retail Property On Richmond Avenue In Staten Island For $31.5M

A retail property located at 2505 Richmond Avenue in Staten Island has been sold for $31,500,000. The property spans 77,846 square feet, resulting in a price per square foot of $404. The site is zoned as C4-1 and falls under tax class 4. The lot measures 299 feet by 473 feet.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $31,500,000
• Market: Staten Island
• Address: 2505 Richmond Avenue
• Square Footage: 77,846
• Price per Square Foot: $404
• Zoning: C4-1
• Tax Class: 4
• Lot Size: 299 ft x 473 ft

The buyer of the property is Infinity Real Estate, represented by Steven Kassin. The seller in this transaction is Madison International Realty.