Ya Qian Lin and Ya Chen pay $4M to Mario Hernandez for property in Williamsburg

Ya Qian Lin and Ya Chen through the entity Ibasaw Properties LLC paid Mario Hernandez’s 275-277 Broadway LLC $3.8 million for 277 Broadway in Williamsburg. The deal closed on April 9, 2020, and was recorded on April 13, 2020. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4) and containing 2 residential units. The property is 6,999 square feet.
The average sale price per square foot is $548.

Over the past five years, there have been 7 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $145,000. Those filings sought to increase the number of residential units by 4 to 8 There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $262,750.There has been one new building permit application totaling 3,724 square feet. Those plans include a total of 8 residential or hotel units. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link