Bentley Zhao's New Empire Corp Acquires Industrial Property In NoMad Manhattan For $33.5M

An industrial property located at 10 East 30th Street in the NoMad neighborhood of Manhattan has been sold for a total of $33,500,000. The acquired asset encompasses 48,500 square feet with a price per square foot of $691. Additionally, the building has a combined square footage of 71,590 with a price per usable square foot of $468.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $33,500,000
• Buyer: Bentley Zhao
• Company: New Empire Corp.
• Sale Date: 07/01/2026
• Location: 10 East 30th Street, NoMad, Manhattan
• Square Footage: 48,500
• Price per Square Foot: $691
• Building Square Footage: 71,590
• Price per Building Square Foot: $468

The transaction was completed by Bentley Zhao, who leads New Empire Corp. The acquisition is intended for a ground-up development project at the site, signifying a strategic investment in the NoMad area.