Eric Zhu Acquires Office Building On Elizabeth Street For $5.1M

The office property located at 86 Elizabeth Street in Chinatown, Manhattan was sold on September 15, 2022. The property spans 9,433 square feet and was sold at a price of $5,100,000, resulting in a price per square foot of $540.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $5,100,000
• Buyer: Eric Zhu
• Seller: Albert Wu
• Address: 86 Elizabeth Street, Chinatown, Manhattan
• Market: Chinatown, Manhattan
• Square Footage: 9,433
• Price per Square Foot: $540

Eric Zhu was the buyer of the property, while Albert Wu sold the asset. This transaction is an example of a successful office sale in Chinatown, Manhattan.