The Battery Group pays $15M to Loffler and Hillman families for an interest in an adult care facility building in Staten Island

Charles Scharf’s Battery Group through the entity Henderson Realty Holdings LLC paid the Loffler and Hillman families’s Hilmoor Equities LLC (and others) $15.5 million for an interest in 110 Henderson Avenue in Staten Island. The deal closed on December 20, 2019, and was recorded on February 4, 2020. The transaction consists of an interest in 1 parcel, including the tax class adult care facility (I7). The property is 73,115 square feet. The parcel(s) have total development potential of 73,115 square feet.
The average sale price per square foot is $212.

The property is the Harbor Terrace Adult Care & Assisted Living. The last time an interest in the property sold was December 27, 2019, when affiliated parties at The Battery Group transferred a 94 percent interest valued at $40,800,000.

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Direct link to the city’s interactive property map, ZOLA. link

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