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Manny Malekan Purchases Mixed-Use Property At 89 Canal Street For $2.5M With Joshua Malekan As The Broker

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SOLD
$2,500,026

New York

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Mixed-use5,020 SF
Sold 03/24/2026
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Property Image
SOLD

Manny Malekan Purchases Mixed-Use Property At 89 Canal Street For $2.5M With Joshua Malekan As The Broker

89 Canal Street

See Similar Deals
Mixed-use5,020 SF
Sold 03/24/2026
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$498
Total Square Footage:5,020 SF
Transaction Type:Sale

The property involved in this transaction is a mixed-use asset located at 89 Canal Street in Manhattan. The sale price was $2,500,026, and it encompasses a total square footage of 5,020, resulting in a price per square foot of $498.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,500,026
  • Address: 89 Canal Street
  • Market: Manhattan
  • Square Footage: 5,020
  • Price per Square Foot: $498
  • Buyer: Manny Malekan
  • Seller: Lian Zhidi Guo & Xiao Jun Chen
  • Broker: Joshua Malekan - Bridge Advisory Group

The deal was facilitated by Joshua Malekan of Bridge Advisory Group, who represented the buyer in a situation requiring all-cash terms and a two-week closing period. Joshua's extensive buyer network allowed for a successful match, concluding the contract quickly within 48 hours. Notably, the client of Joshua achieved ample financial gain from this transaction.

Players

Joshua Malekan
36 deals$130.7M volume
BROKER

BUYER

SELLER

SELLER

Details

SOLD
IMAGE: Joshua Malekan DATE: 3/24/2026 ADDRESS: 89 Canal Street MARKET: Manhattan ASSET TYPE: Mixed-use BUYER: Manny Malekan SELLER: Lian Zhidi Guo & Xiao Jun Chen BROKER: Joshua Malekan (@ShlomoMalekan) - Bridge Advisory Group (@BridgeAdvisoryGroup) SALE PRICE: $2,500,026 SF: 5,020 ~ PPSF: $498 NOTE FROM BROKER: A client approached me with a deal he couldn't close himself. The seller required specific all-cash terms and a condensed timeline (needing a two-week close)—conditions that simply didn't align with his capabilities. He trusted me because he knew I've built one of the strongest buyer networks in the market, and that I thrive in exactly these kinds of complex, high-pressure situations. One phone call. The right buyer. A hard contract in 48 hours. For making that introduction, he earned enough to cover an entire year's rent. That's what bringing the right deal to the right person looks like. I'd love to do the same for you. If you have access to real opportunities — whether you're a contract flipper, a property owner, or a lender with a time-sensitive situation — reach out. I specialize in deals requiring speed, discretion, and precise execution. The best opportunities rarely go public. If you have something worth a conversation, I want to hear it. And if I miss your call, call again or send an email — the people who follow up are the ones who get paid. E: [email protected] C: 516-761-4777 At Bridge Advisory Group, the goal is simple: close the right deal, quickly, for the right people. Looking forward to connecting if we haven't already.

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