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Lin's Temple Corporation Acquires Mixed-Use Property In Chinatown For $7.23M

54 & 56 East Broadway
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This Mixed-use property located in NY was sold for $7,230,000 over 1 year ago. The brokers of the deal were Jay Bernstein and Boris Ledvech

The mixed-use property located at 54 & 56 East Broadway in Chinatown has been sold for a total of $7,230,000. The property spans across 16,713 square feet, resulting in a price per square foot of $432. The sale took place on September 8, 2022.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $7,230,000
  • Address: 54 & 56 East Broadway
  • Market: Chinatown

The seller of the property was The Yuen Family, while the purchaser was Lin's Temple Corporation, represented by Rose King. Jay Bernstein from Besen Partners acted as the seller's representative, and Boris Ledvech from Ledvech Group represented the buyer in the transaction.

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Deals
  • Location
    54 East Broadway, New York City, New York 10002, United State54 East Broadway, New York City, New York 10002, United State
  • Sale Price
    $7,230,000$7,230,000
    $432 PPSF$432 PPSF
  • Area
    16,713 SF16,713 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jay Bernstein

Jay Bernstein

Deals8
Sold$48.9M

Boris Ledvech

Boris Ledvech

Deals1
Sold$7.2M

Agency

Besen Partners

Besen Partners

Agency
Deals40
Volume$252.9M

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Deal Summary

SALE IMAGE: Jay Bernstein DATE: 09/08/2022 ADDRESS: 54 & 56 East Broadway MARKET: Chinatown ASSET TYPE: Mixed-use SELLER: The Yuen Family BUYER: Lin's Temple Corporation - Rose King SELLER’S REP: Jay Bernstein (@JayBern__) - Besen Partners (@BesenPartners) BUYER’S REP: Boris Ledvech - Ledvech Group (@LedvechGroup) SALE PRICE: $7,230,000 SF: 16,713 ~ PPSF: $432

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54 & 56 East Broadway

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