Paul Goldenberg Acquires 5-Unit Retail Property In Staten Island For $6.875M

A five-unit retail property located at 2397-2409 Hylan Boulevard in Staten Island has been sold for a total of $6,875,000. The property spans a total of 9,960 square feet, resulting in a price per square foot (PPSF) of $690. It is fully occupied and consists of five retail units.

Summary of transaction details

• Property Type: Retail
• Sale Price: $6,875,000
• Square Feet: 9,960
• Price Per Square Foot: $690
• Units: 5

The seller of the property was Joe Laforgia, while the buyer was Paul Goldenberg. The transaction was facilitated by broker Scott Plasky.

This successful transaction represents a significant deal in the Staten Island market, showcasing the demand for retail properties in the area. The fully occupied nature of the property makes it an attractive investment, offering stability and potential rental income for the new owner.