Madison Realty Capital Sells Residential Building In Staten Island For $20M To Investor Benjamin Rusi
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This Co-Op property located in NY was sold for $20,000,000 about 6 years ago. The brokers of the deal were Russell Nova, Robert "Rob" Nixon, Jon Cruz, John Pitera, and Brian Mcgowan
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- Location224 Richmond Terrace, Staten Island, NY, USA
- Sale Price$20,000,000$340 PPSF
- Area58,792 SF
- Asset TypeCo-Op
- Parties5 Brokers, 2 Agencies
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Deal Summary
SALE & LOAN
IMAGE: @MadisonRealtyCapital’s Josh Zegen, @CasandraProperties.INC - Brian McGowan, Robert Nixon and John Pitera
DATE: 01/25/18
ADDRESS: 224 Richmond Terrace
CITY: New York
MARKET: Staten Island
ASSET TYPE: Residential Building
SELLER: Madison Realty Capita - Josh Zegen
BUYER: Investor Benjamin Rusi
LENDER: Privately Held Fund
BROKER: Cassandra Properties - Brian McGowan @big_guyy , Robert Nixon @robb_nixx and John Pitera FINANCING: Financing arranged by Jon Cruz @jcruz2709, Senior Lending advisor and Russell Nova @russellnova, SVP The Cornerstone Group of NY @cornerstone_capital
PRICE: $20,000,000
SF: 58,792 sf ~ PPSF: $340
UNITS: 40 Residential - 3 Commercial
LOAN AMOUNT: $12,000,000
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224 Richmond Terrace
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