Nonprofit pays $10.2M to Savo Brothers for mixed-use in Staten Island

The nonprofit autism treatment services organization A Friendly Face through the entity AFF Little Kids LLC paid $10.2 million to Savo Brothers through the entity 2025 Richmond Avenue LLC for the mixed-use building (K6) at 2025 Richmond Avenue in Willowbrook, Staten Island. The expected use is owner-occupied.
The deal closed on March 10, 2026 and was recorded on April 23, 2026. The property has 28,250 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $362 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Savo Brothers was Savino Savo . The signatory for A Friendly Face was Ella Goldin . The contract date was November 14, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer A Friendly Face purchased two properties in one transaction for a total of $1.9 million and has no record it sold any properties over the past 24 months.
The seller Savo Brothers purchased eight properties in one transaction for a total of $4 million and had not sold any properties over the same time period. The 28,250-square-foot property generated revenue of $868,385 or $31 per square foot, according to the most recent income and expense figures.

The property

The mixed-use building in CUNY College of Staten Island has 28,250 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 262 feet and is 204 feet deep with a total lot size of 51,586 square feet. The lot is irregular. The zoning is R3-2 which allows for up to 0.5 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $3.9 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $50 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of one of the five commercial properties representing 6,000 square feet of the 56,473 square feet. The identified owner is Jeffrey Cheng.
There are no active new building construction projects on this tax block.

The majority, or 70 percent of the 56,473 square feet of built space are mixed-use buildings, with office buildings next occupying 19 percent of the space.

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