Joyland Management Acquires Retail Assets In Staten Island For $59M

A retail property located at 2925, 2935, 2945, 2965, and 2955 Veterans Rd. W. in Staten Island has been sold for a price of $59,000,000. The property spans an area of 155,100 square feet, resulting in a price per square foot of $380. The sale took place on March 16, 2022.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $59,000,000
• Address: 2925, 2935, 2945, 2965 & 2955 Veterans Rd. W., Staten Island
• Market: Staten Island

The buyer of the property is Joyland Management, represented by Judy Wolcowitz. The seller in this transaction is David Berman. The broker involved in this deal is James Prendamano from Prendamano Real Estate. The lender for the purchase is Emerald Creed Capital, with the mortgage broker being Morris Betesh from Meridian Capital. This transaction was completed on March 16, 2022.