Zhidong Wu's ZD Jasper Realty Acquires Retail Building In Carnegie Hill, Manhattan For $24.5M

ZD Jasper Realty's ZDJ E 86 LLC has acquired a retail building located at 1530 Third Avenue in Carnegie Hill, Manhattan. The property, known as K1, was sold by Extell Development's 171 East 86 Street LLC for a total of $24.5 million. The retail building offers 5,000 square feet of space and has a price per square foot of $4,900. The transaction represents a buyer's zoning floor area of 49,990, with a price per zoning floor area of $490.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $24,500,000
• Address: 1530 Third Avenue, Carnegie Hill, Manhattan
• Market: Carnegie Hill, Manhattan

The buyer of the retail building is Zhidong Wu, represented by ZD Jasper Realty. On the other hand, Gary Barnett, representing Extell Development, acted as the seller. This transaction marks a significant milestone in the retail real estate market, highlighting the vibrant activity in the Carnegie Hill neighborhood of Manhattan.

Note: ZD Jasper Realty's ZDJ E 86 LLC successfully acquired the retail building (K1) at 1530 Third Avenue in Carnegie Hill, Manhattan, from Gary Barnett's Extell Development's 171 East 86 Street LLC for $24.5 million.