Office building in Kensington sells for $5.1M

The entity 825 57th Street Realty LLC paid Ann Long’s Long Xing Realty, LLC $5.1 million for 825 57th Street in Kensington. The deal closed on November 24, 2020 and was recorded on December 7, 2020. The transaction consists of 1 parcel, including the tax class office building with residential apartments (O8) and containing 6 residential units. The property is 21,400 square feet. The parcel(s) have total development potential of 21,400 square feet.
The average sale price per square foot is $240.

The contract date was October 22, 2020.
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