Richard Lam Acquires Professional Building At 2625 Harway Avenue From Peter C. LaBella For $2.95M
New York
See Similar DealsRichard Lam Acquires Professional Building At 2625 Harway Avenue From Peter C. LaBella For $2.95M
2625 Harway Avenue
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2625 Harway Avenue is a professional building located in Brooklyn, having a sale price of $2,950,000. The asset encompasses a total of 6,000 square feet, which corresponds to a price per square foot of $491. Alongside the existing space, the transaction also incorporated a vacant parking lot allowing for an additional 14,336 buildable square feet.
Summary of transaction details:
- Property Type: Professional Building
- Transaction Amount: $2,950,000
- Address: 2625 Harway Avenue
- Market: Brooklyn
- Square Footage: 6,000
- Price per Square Foot: $491
- Additional Buildable Square Feet: 14,336
- Buyer: Richard Lam
- Seller: Peter C. LaBella Funeral Chapel
- Broker Representatives: Thomas Donovan, Tommy Lin & Eugene Kim - Meridian Capital Group
- Referral Source: Murano Realty
This transaction showcases the collaboration of Team Donovan, leading Meridian Capital Group's Queens investment sales division. The deal is noted as a legacy transaction from B6 Real Estate Advisors, indicating a strong professional relationship in their ongoing partnership, further evidenced by their history of successful deals together.
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