Haimo Zhong's 590 Wales Ave LLC Acquires Industrial Building In Longwood, Bronx For $3.8M From Dean Papas's 601 Wales Avenue Corp

An industrial building located at 590 Wales Avenue in Longwood, Bronx has recently been sold for $3.8 million. The property spans across 10,550 square feet and has a price per square foot of $355. The buyer, Haimo Zhong, purchased the building through his company 590 Wales Ave LLC. The seller, Dean Papas, represented by his company 601 Wales Avenue Corp.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,800,000
• Address: 590 Wales Avenue, Longwood, Bronx
• Market: Longwood, Bronx
• Buyer: Haimo Zhong
• Seller: Dean Papas
• Sale Price: $3,800,000
• Building Square Footage: 10,550
• Price per Square Foot: $355

Haimo Zhong's 590 Wales Ave LLC successfully acquired the industrial building at 590 Wales Avenue from Dean Papas's 601 Wales Avenue Corp. This transaction highlights the involvement of these specific individuals and companies in the deal, shedding light on the key players behind the purchase and sale of the property.