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Isaac Sidaoui Acquires Retail Property For $6.925M At 4065 Amboy Road, Great Kills, Staten Island

Property Image
SOLD
$6,925,000
Michael Kook
Brandon Hanna

New York

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Retail11,000 SF
Sold
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Property Image
SOLD

Isaac Sidaoui Acquires Retail Property For $6.925M At 4065 Amboy Road, Great Kills, Staten Island

4065 Amboy Rd, Staten Island, NY 10308, USA

See Similar Deals
Retail11,000 SF
Sold
Michael Kook
Brandon Hanna
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$629
Total Square Footage:11000 SF
Transaction Type:Sale

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

Michael Kook
Marcus & Millichap
Michael Kook
13 deals$98.7M volume(212) 430-5169
BROKER
Brandon Hanna
Brandon Hanna
4 deals$35.4M volume
BROKER

Details

SOLD
IMAGE: Michael Kook ADDRESS: 4065 Amboy Road MARKET: Great Kills, Staten Island ASSET TYPE: Retail SALE PRICE: $6,925,000 SF: 11,000 PPSF: $629 BUYER: Isaac Sidaoui SELLER: Moshe Rudich BROKERS: Michael Kook – Marcus & Millichap, Brandon Hanna – Encore REIS

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$369,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,603.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,828.03
Annual Debt Service$393,936.40