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

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.