Haimo Zhong Acquires Commercial Property In Bushwick, Brooklyn For $6M

The commercial property located at 1275 Broadway in Bushwick, Brooklyn has been sold for $6,000,000. The property has a total square footage of 8,940, resulting in a price per square foot of $671. The lot size is 11,159 square feet with dimensions of 3,975 feet by 250 feet. The previous sale of the property took place on June 15, 2016, at a price of $6,080,000. An alteration permit was issued on October 27, 2020.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $6,000,000
• Market: Bushwick, Brooklyn
• Zoning: C4-3
• Square Footage: 8,940
• Price per Square Foot: $671
• Lot Size: 11,159
• Last Sale Price: $6,080,000 (06/15/2016)
• Permits: Alteration 1 (10/27/2020)
• Lot Dimension: 3975 ft x 250 ft

Haimo Zhong purchased the property from Choy Ling Lam for the aforementioned price. Haimo Zhong acted as the buyer in this transaction, while Choy Ling Lam served as the seller. No additional information about the individuals or companies involved in the deal was provided.