Tenny Yam Acquires Mixed-Use Property In Lower East Side For $5.95M

A mixed-use property located at 98 Forsyth Street in the Lower East Side has been sold for $5,950,000. The property spans 12,790 square feet, resulting in a price per square foot of $465. The transaction took place on August 19, 2021.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $5,950,000
• Address: 98 Forsyth Street
• Market: Lower East Side
• Square Footage: 12,790

Tenny Yam is the buyer of the property, while Bob Levy is the seller. Said Boukhalfa from Marcus & Millichap represented the buyer, and Teddy Galligan, Hall Oster, Paul Smadbeck, Guthrie Garvin, Conrad Martin, Braedon Gait, Jack Norton, and Solomon Michailow from LL represented the seller in the transaction.