Lin's Temple Corporation Acquires Mixed-Use Property In Chinatown For $7.23M

The mixed-use property located at 54 & 56 East Broadway in Chinatown has been sold for a total of $7,230,000. The property spans across 16,713 square feet, resulting in a price per square foot of $432. The sale took place on September 8, 2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $7,230,000
• Address: 54 & 56 East Broadway
• Market: Chinatown

The seller of the property was The Yuen Family, while the purchaser was Lin's Temple Corporation, represented by Rose King. Jay Bernstein from Besen Partners acted as the seller's representative, and Boris Ledvech from Ledvech Group represented the buyer in the transaction.