Xi Ping Xia pays $10M to Ingraham Realty for warehouse in East Williamsburg

Xi Ping Xia through the entity Eastern Pearl Holdings LLC paid Ingraham Realty Properties’s Ingraham Realty Properties, LLC $10 million for 150 Varick Avenue in East Williamsburg. The deal closed on December 16, 2020 and was recorded on March 17, 2021. The transaction consists of 1 parcel, including the tax class fireproof warehouse (E1). The property is 20,000 square feet. The parcel(s) have total development potential of 20,000 square feet.
The average sale price per square foot is $500.

The contract date was October 15, 2020.
Direct link to Acris document. link
The signatory for the buyer was Xi Ping Xia.

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