Jeff Lam Acquires Mixed-Use Property In Chinatown, NYC For $29.2M

The mixed-use property located at 55-59 Chrystie St. in Chinatown has been sold in a closed transaction. The property comprises both office and retail spaces and spans a total area of 37,500 square feet. The deal involved the sale of the property for a total price of $29,200,000, resulting in a price per square foot of $779.

Summary of transaction details

• Property Type: Mixed-use (Office & Retail)
• Transaction Amount: $29,200,000
• Square Footage: 37,500
• Address: 55-59 Chrystie St., Chinatown

The seller in this transaction was Gary Tse, while the buyer was Jeff Lam. The deal was facilitated by a team of brokers, including Greg Corbin, Aaron Kline, Chaya Milworn, Brandon Serota, and Elliot Haft – all from The Corbin Group at Rosewood Realty Group NY.