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2754 Hylan Boulevard

SOLDRetail

TA Realty Acquires Tysens Park Shopping Center In Staten Island For $79.2M

2754 Hylan Boulevard

$79,200,000

$430/SF

Building Size

184,204 SF

Asset Type

Retail

Closing

May 19, 2026

AI

The retail asset located at 2754 Hylan Boulevard in Staten Island consists of 184,204 square feet, which was sold for $79,200,000, translating to a price per square foot of $430. The entire building has a building square footage of 818,733, calculated at a price per building square foot of $97.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $79,200,000
  • Buyer: TA Realty
  • Seller: Paul A. Bregman - Bregman Organization
  • Sale Date: May 19, 2026
  • Recording Date: June 22, 2026
  • Acquisition Vehicle: Scrs Tysen Park LLC

TA Realty executed the transaction, acquiring the Tysens Park Shopping Center from the Bregman Organization, indicating a cash-flowing retail acquisition in the Staten Island market.

Players

TA Realty
TA RealtyBuyer

Leon Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93