Isaac Sidaoui Acquires Retail Property For $6.925M At 4065 Amboy Road, Great Kills, Staten Island
4065 Amboy Rd, Staten Island, NY 10308, USA
$6,925,000
$629/SF
Building Size
11,000 SF
Asset Type
Retail
Closing
Nov 29, 2020
AI
Located in Great Kills, Staten Island, the retail property at 4065 Amboy Road recently changed hands in a sale transaction. The property spans 11,000 square feet and was sold for a price of $6,925,000, resulting in a price per square foot of $629. The buyer of the property is Isaac Sidaoui. The seller in this transaction was Moshe Rudich.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,925,000
- Size: 11,000 square feet
- Price per Square Foot: $629
- Buyer: Isaac Sidaoui
- Seller: Moshe Rudich
- Brokers: Michael Kook - Marcus & Millichap, Brandon Hanna - Encore REIS
The deal was facilitated by Michael Kook from Marcus & Millichap and Brandon Hanna from Encore REIS, who served as the brokers for the respective parties involved in the transaction.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.29%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93