Pavlos Sierros and Jeremy Bolger pays $4.8M for office property in Chinatown

Pavlos Sierros and Jeremy Bolger through the entity Chinatown Food Services, LLC paid Jackson Mak’s 130 RE, LLC $4.8 million for 130 Madison Street in Chinatown. The deal closed on June 30, 2020, and was recorded on July 8, 2020. The transaction consists of 1 parcel, including the tax class office building with commercial with one to six stories (O5). The property is 2,914 square feet. The parcel(s) have total development potential of 14,392 square feet.
The average sale price per square foot is $335.

The contract date was November 25, 2019.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $116,560.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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