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832 Jewett Avenue

Jacob Jeremias Purchases Retail Property From Flagstar In Staten Island For $2.2M
SOLDRetail

Jacob Jeremias Purchases Retail Property From Flagstar In Staten Island For $2.2M

832 Jewett Avenue

$2,200,000

$404/SF

Building Size

5,440 SF

Asset Type

Retail

Closing

Aug 25, 2025

AI

This transaction involves a retail property located at 832 Jewett Avenue in Staten Island. The sale price for this asset was $2,200,000, encompassing 5,440 square feet, which translates to a price per square foot of $404.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $2,200,000
  • Address: 832 Jewett Avenue
  • Market: Staten Island
  • Square Footage: 5,440
  • Price Per Square Foot: $404
  • Buyer: Jacob Jeremias
  • Seller: Flagstar
  • Broker Representatives: Dylan Walsh & Charles Everett - Cushman & Wakefield

This transaction is part of a larger 7-building portfolio that Cushman & Wakefield is actively marketing for sale throughout New York City and Long Island, indicating potential further investment opportunities for interested parties.

Players

Dylan Walsh

Cushman & Wakefield

Broker

$584.5M

vol

73 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93