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87 Chrystie Street
SOLD

Francis Leung Acquires Mixed-Use Property In Lower East Side For $5.5M

87 Chrystie Street

Mixed-use
10,716 SF
clock iconSold 1 year ago
James Nelson
Christopher (Chris) Okada
Brandon Polakoff
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Summary

Sale
NEW YORK
Mixed-use
10,716 sqft

Located in the Lower East Side of New York City, the mixed-use property at 87 Chrystie Street has been sold in a recent transaction. The property, spanning 10,716 square feet, features 11 units and offers a diverse range of uses. The sale of this property took place on May 7th, 2019.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $5,500,000
  • Address: 87 Chrystie Street
  • Market: Lower East Side
  • Square Footage: 10,716
  • Price Per Square Foot: $513
  • Number of Units: 11
  • Price Per Unit: $500,000

Alan Luke, the seller of the property, successfully closed the deal with Francis Leung, who emerged as the buyer. James Nelson and Brandon Polakoff, representing Avison Young, provided their expertise as the seller's representatives. On the buyer's side, Francis Leung was represented by Chris Okada from Okada CO.

Players

  • All

    5

  • Agents

    3

  • Agencies

    2

James Nelson's profile picture
James Nelson
Avison Young-image
Principal and Head
$1.5B Sold
Christopher (Chris) Okada's profile picture

Details

Deal Summary
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SOLD
IMAGE: Francis Leung, Brandon Polakoff, Chris Okada, James Nelson DATE: 05/07/2019 ADDRESS: 87 Chrystie Street MARKET: Lower East Side ASSET TYPE: Mixed-use SELLER: Alan Luke BUYER: Francis Leung BUYER’S REP: @ChrisOkada @OkadaCO SELLER’S REP: James Nelson, Brandon Polakoff — Avison Young SALE PRICE: $5,500,000 SF: 10,716 ~ PPSF: $513 UNITS: 11 ~ PPU: $500,000

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Address87 Chrystie Street

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