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Ming Teng Zhang Acquires Retail Condominium At 48 Market Street For $750,000 With Seller's Rep Marcus & Millichap

Property Image
SOLD
$750,000
Joseph (Joe) Koicim
Scott Plasky
Chase Friedman

New York

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Retail3,040 SF
Sold 12/10/2025
the dealplayerscompscontact
Property Image
SOLD

Ming Teng Zhang Acquires Retail Condominium At 48 Market Street For $750,000 With Seller's Rep Marcus & Millichap

48 Market Street

See Similar Deals
Retail3,040 SF
Sold 12/10/2025
Joseph (Joe) Koicim
Scott Plasky
Chase Friedman
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$246
Total Square Footage:3,040 SF
Transaction Type:Sale

This transaction involves a retail asset located at 48 Market Street in the Two Bridges market area. The property is a two-story commercial condominium that spans 3,044 square feet and was delivered vacant at the time of closing. The sale price for this property was $750,000, translating to a price per square foot of $246.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $750,000
  • Address: 48 Market Street
  • Market: Two Bridges
  • Asset Size: 3,044 SF
  • Price Per Square Foot: $246
  • Buyer: Ming Teng Zhang
  • Seller: Mee Pan
  • Seller's Rep: Scott Plasky, Joseph Koicim & Chase Friedman - Marcus & Millichap

The buyer, Ming Teng Zhang, intends to use the property for their operations. The seller's representatives include Scott Plasky, Joseph Koicim, and Chase Friedman from Marcus & Millichap, who facilitated the transaction.

Players

Joseph (Joe) Koicim
Marcus & Millichap
Joseph Koicim
172 deals$2.7B volume(212) 430-5147
BROKER
Scott Plasky
Marcus & Millichap
Scott Plasky
78 deals$406.4M volume(212) 430-5229
BROKER
Chase Friedman
Marcus & Millichap
Chase Friedman
2 deals$3M volume(646) 805-1448
BROKER
Marcus & Millichap
Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Scott Plasky, Joseph Koicim & Chase Friedman DATE: 12/10/2025 ADDRESS: 48 Market Street MARKET: Two Bridges ASSET TYPE: Retail BUYER: Ming Teng Zhang SELLER: Mee Pan SELLER'S REP: Scott Plasky (@PlaskyRetailGroup), Joseph Koicim (@Joey1Cap) & Chase Friedman - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $750,000 SF: 3,040 ~ PPSF: $246 NOTE FROM SELLER'S REP: This is a two-story 3,044 SF community facility commercial condominium that was delivered vacant at closing. The property was purchased by user, who plans to run their operation out of this site. Reach out to broker for similar retail condo opportunities.

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