John Iacono Acquires Retail Property At 2730 Arthur Kill Rd Staten Island For $11.69M
2730 Arthur Kill Rd
$11,693,000
$177/SF
Building Size
66,000 SF
Asset Type
Retail
Closing
Dec 21, 2016
About this deal
AI
The property asset involved in the transaction is located at 2730 Arthur Kill Rd in Staten Island. This retail asset covers a total area of 66,000 square feet and was sold for $11,693,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,693,000.00
- Address: 2730 Arthur Kill Rd
- Market: Staten Island
- Square Footage: 66,000.0
- Buyer: John Iacono
- Broker: John Oliveri
John Iacono acted as the buyer in this transaction, with John Oliveri serving as the broker representing the deal. The transaction took place on 12/21/2016.
Staten Island Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit John Oliveri to view all their deals.
Browse Staten Island retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93