Staten Island retail property sells for $6.9M

An entity affiliated with Grace Law and Jimmy Yee, 193 Joralemon, LLC, paid Hylan I, LLC $6.9 million for 2397 Hylan Boulevard in Staten Island. The deal closed on March 10, 2020, and was recorded on March 17, 2020. The transaction consists of 1 parcel, including the tax class one-story store building (K1). The property is 9,700 square feet. The parcel(s) have total development potential of 9,700 square feet.
The average sale price per square foot is $709.

The buying entity, 193 Joralemon LLC, sold a property at 193 Joralemon Avenue in Brooklyn, in September.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $977,849.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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