Tenny Lam Acquires Office & Retail Property In Chinatown For $5.15M

The property asset involved in this transaction is located at 121 Bowery in Chinatown, encompassing both office and retail spaces. It was sold for a total of $5,150,000, with a square footage of 6,827, translating to a price per square foot of $754.

Summary of transaction details:

• Property Type: Office & Retail
• Transaction Amount: $5,150,000
• Address: 121 Bowery
• Market: Chinatown
• Square Footage: 6,827
• Price Per Square Foot: $754
• Buyer: Tenny Lam
• Seller: Liu Estate
• Broker Representatives: Adam Lobel, Zachary Ziskin, Justin Zeitchik & Eli Zempsky - Investment Property Realty Group (IPRG)

The deal was facilitated by a team of brokers from Investment Property Realty Group, comprising Adam Lobel, Zachary Ziskin, Justin Zeitchik, and Eli Zempsky, who represented the buyer, Tenny Lam, and the seller, Liu Estate.