Jason Wu Purchases Multifamily Property From Kenny Chan In Flushing For $2.16M

The property asset involved in the transaction is a multifamily unit located at 144-11 Barclay Avenue in the Flushing market. The sale price was $2,160,000 for an 8-unit property that spans 5,600 square feet, resulting in a price per unit of $270,000 and a price per square foot of $385.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,160,000
• Units: 8
• Square Footage: 5,600
• Price per Unit: $270,000
• Price per Square Foot: $385
• Buyer: Jason Wu
• Seller: Kenny Chan
• Broker: Frank Ko

The key individuals involved in the deal include the buyer, Jason Wu, and the seller, Kenny Chan, with Frank Ko representing the broker in this transaction. Each party played a significant role in facilitating the closing of the sale.