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Ian Cheng Acquires Mixed-Use Property At 101 West 27th Street For $4.5M

101 West 27th Street
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This Mixed-use property located in NY was sold for $4,500,000 12 months ago. The brokers of the deal were Ronald (Ron) Cohen, Gabriella Schwalbe, Justin Zeitchik, and Zachary Ziskin

The mixed-use property at 101 West 27th Street in New York City has been sold for a total price of $4,500,000. The asset spans across 6,136 square feet, resulting in a price per square foot of $733. The building's total square footage is 16,680, leading to a price per total square footage of $270.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $4,500,000
  • Square Feet: 6,136
  • Price per Square Foot: $733
  • Total Square Footage: 16,680
  • Price per Total Square Footage: $270
  • Address: 101 West 27th Street, New York City

The buyer of the property was Ian Cheng, while the seller was The Ma Family. Justin Zeitchik and Zachary Ziskin from Investment Property Realty Group (IPRG) acted as the buyer's representatives in this transaction. On the other hand, Ronald Cohen and Gabriella Schwalbe from Besen Partners represented the seller.

Overall, this sale transaction involved a mixed-use property located at 101 West 27th Street in New York City. The property was sold for $4,500,000, with a price per square foot of $733 and a total square footage of 16,680. The buyer, Ian Cheng, was represented by Justin Zeitchik and Zachary Ziskin from Investment Property Realty Group (IPRG), while the seller, The Ma Family, was represented by Ronald Cohen and Gabriella Schwalbe from Besen Partners.

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Deals
  • Location
    101 West 27th Street101 West 27th Street
  • Sale Price
    $4,500,000$4,500,000
    $733 PPSF$733 PPSF
  • Area
    6,136 SF6,136 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Zachary Ziskin

Zachary Ziskin

Deals21
Sold$129M

Agencies

Besen Partners

Besen Partners

Agency
Deals40
Volume$252.9M

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

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Deal Summary

SALE IMAGE: Ronald Cohen, Gabriella Schwalbe, Justin Zeitchik & Zachary Ziskin DATE: 04/07/2023 ADDRESS: 101 West 27th Street MARKET: New York City ASSET TYPE: Mixed-Use BUYER: Ian Cheng SELLER: The Ma Family BUYER'S REP: Justin Zeitchik (@Jigga1216) & Zachary Ziskin (@ZacharyZiskin_IPRG) - Investment Property Realty Group (IPRG) (@IPRG_NY) SELLER'S REP: Ronald Cohen (@NYC_Building_Showcase) & Gabriella Schwalbe (@GabriellaSchwalbeCRE) - Besen Partners (@BesenPartners) SALE PRICE: $4,500,000 SF: 6,136 ~ PPSF: $733 BSF: 16,680 ~ PPBSF: $270

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101 West 27th Street

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