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
About this deal
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.
On the Map
$6,925,000
$629/SF
Retail
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Players
Staten Island 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