Che Family Acquires Retail Property On East Broadway In New York City For $3.9M

The retail property located at 55 East Broadway in New York City has been sold for a total price of $3,900,000. The property spans 5,475 square feet, resulting in a price per square foot of $712. The transaction took place on 07/27/2023.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,900,000
• Square Footage: 5,475
• Price per Square Foot: $712
• Address: 55 East Broadway, New York City
• Market: New York City

The buyer of the property is the Che Family, while the seller is the Lin Family. The seller's representatives involved in the transaction are Michael Decheser and Bryan Hurley from Cushman & Wakefield. Maritza Tong acted as the buyer's representative.