January 2026 » Market Analysis » NYC Buildings For Sale

January 2026 New York Buildings For Sale

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Buildings for Sale:

  1. Veracity Equities is facing a $35.3 million judgment tied to a defaulted mortgage at the Nolitan, a 55-key hotel at 153 Elizabeth Street.
  2. Charles Cohen's 750 Lexington Avenue is scheduled for auction on January 21 to pay off a $155.9 million loan.
  3. The MTA is selling up to 350,000 square feet of landmarked air rights tied to the Fulton Center. The sale is restricted to buyers who can acquire the rights through a City Planning Commission certification or a zoning lot merger, specifically excluding plans that require a special permit or other land use approval.
  4. Steve Croman faces a new foreclosure case brought by the Bellwether entity Orange Owner LLC, involving 11 properties and over $55 million in loan principal recorded on Dec. 12. The lender alleges that Croman-connected borrowers stopped payments, misappropriated rents, and defaulted on water and insurance payments for the mostly cross-collateralized loans.


Buildings Sold:

  1. Paramount's shareholders approved the real estate investment trust's sale to Rithm Capital, which submitted a $1.6 billion bid for the acquisition in September, at $6.60 per share, 11% below the market price.
  2. Kering sold a 60 percent majority stake in its 715-717 Fifth Avenue property to the French private equity firm Ardian for $690 million, valuing the asset at $900 million. 115,000-square-foot property at $900 million, and will see Kering score $690 million in proceeds.
  3. The Archdiocese of New York is selling the ground lease under the Lotte New York Palace for $490 million to fund payouts to survivors of clergy sexual abuse. The hotel operator, Lotte, is buying the land beneath 455 Madison Avenue, a property it already owns, for complete control of the asset.
  4. Blackstone is selling The Shops at Skyview, a 550,000-square-foot retail complex in Flushing, Queens, for $425 million to a joint venture between TPG and Acadia Realty Trust.
  5. Empire State Realty Trust is set to acquire the Scholastic Building at 555-557 Broadway in Soho for $386 million. The property, where ESRT is the majority tenant, includes 368,000 square feet of office space and 28,000 square feet of retail.
  6. Rockwood Capital sold its 667,000-square-foot 2 Grand Censold Tower to Sovereign Partners for $273 million, or $409 per square foot.
  7. David Werner is under contract to buy the 50-story One Dag Hammarskjöld Plaza tower for $270 million from Rockpoint Group paid
  8. Slate Property Group and its nonprofit partner, Breaking Ground, acquired the Stewart Hotel at 371 Seventh Avenue for $255 million to convert it into a hotel-to-residential project. That will be transformed into 579 affordable housing units, including apartments for formerly homeless individuals, with the total redevelopment cost reaching approximately $500 million. The conversion is partially funded by $87 million in state financing from the Hotel and Commercial Conversions Program.
  9. Sapir Organization closed on the sale of 260 Madison Avenue, a 22-story, 570,000-square-foot office building, to AmTrustRE for $217 million.
  10. Highgate, Gencom, and Argent Ventures—purchased the 36-story, 607-room InterContinental New York Times Square for about $230 million from a Tishman Realty and Metlife Investment Management joint venture. The 300 West 44th Street hotel, Highgate, is expected to take over, converting the IHG-managed property to an IHG franchise.
  11. The Maimonides Doctors Multispecialty Pavilion, a 206,714-sq-ft medical building at 4813 Ninth Avenue, Brooklyn, NY 11220, was sold by Welltower to Remedy Medical Properties and Kayne Anderson Real Estate for $151.9 million.
  12. The sale of the 22-story office building at 114 West 41st Street by Clarion Partners set records. The $133 million transaction, which equates to about $380 per square foot, was executed with buyers AM Management, EYN Holding, and Axonic Capital.
  13. The Jay Group bought the waterfront development site at 97 West Street from Pearl Realty Management for $130 million.
  14. Bushburg Properties bought the office building at 100 William Street from Manulife for $70 million. The 400,000-square-foot building is currently about half empty, making it a strong candidate for a residential conversion.
  15. Meyer Chetrit's ownership interests in four property companies were auctioned off to his brother, Juda Chetrit, and an entity associated with lender Maverick Real Estate Partners to satisfy a $132 million judgment.
  16. A three-story office and retail property at 41-60 Main Street spanning more than 100,000 square feet sold for $64.3 million. The seller was Madison Realty Capital, and the buyer was United Construction & Development Group, led by Chris Xu.
  17. 730 Fifth Avenue, Unit 23A, resold for $64 million, up from the $51 million the seller paid earlier this year.
  18. A commercial condo at The Goldin at Essex Crossing at 175 Delancey Street sold for $56 million. The buyer was Morgan Stanley Real Estate Investing. The unit has 38,400 square feet across the cellar, first, second, and third floors. Or $1,500 per square foot.
  19. Clipper Equity bought a development site at 1800 Park Avenue in East Harlem for $50 million. The seller was the Durst Organization. The site has 680,000 square feet of buildable space.
  20. 50 West 66th Street TM66thStreetLLCp paid $46.8 million on a six-bedroom, 7,000-square-foot unit that had been combined on the 41st floor. The condo has six bathrooms and 288 square feet of outdoor space.
  21. The William Macklowe Company bought the distressed loan note on the 129,000-square-foot office building at 291 Broadway from Flagstar Bank. The $46 million loan was acquired for slightly under its approximately $45 million balance. The acquisition suggests a potential residential conversion for the property, should Macklowe proceed with foreclosure or accept a deed-in-lieu.
  22. Penthouse G at 443 Greenwich Street, a four-bedroom residence spanning 5,300 square feet, has been sold for $40 million. The seller was Menemshovitz NY Realty, Inc.
  23. The University of Oxford offloaded its office space at 198 Madison Avenue (355 Fifth Avenue), the B. Altman and Company Building, for $40 million. The buyer was Benchmark Properties; the transaction covers two units: one unit is 99,700 square feet, and the other is 20,100 square feet.
  24. Two mixed-use properties at 1059 and 1061 Second Avenue, along with air rights, were sold for $39 million to EJS Group and Krown Point Capital, who plan to turn the site into a residential complex. The seller of the buildings was Junction Management.
  25. Parenthood sold 26 Bleecker Street to Izaki Group Investments for $38.1 million. The property contains 43,365 square feet.
  26. The "Friends" building at 90 Bedford Street sold for $32.7 million. The seller was Wharton Properties. The buyers were JP Real Estate Group Limited and JP Real Estate Group USA. The building spans about 15,600 square feet, has 22 apartments in an off-market deal.
  27. Roger Sant sold a full-floor condo at the Ritz-Carlton Residences at 50 Central Park South for $28.4 million. The buyer was RJ New York, LLC., for the 6,800-square-foot unit.
  28. Knight Skyline LLC bought a penthouse at 50 United Nations Plaza for $28.5 million. The duplex penthouse spans the top two floors of the building and spans about 9,700 square feet. It has seven bedrooms and seven and a half bathrooms, along with more than 1,500 square feet of exterior space.
  29. 75 Onderdonk Avenue traded for $28 million. The seller was Kevin Zhang, and the buyers were Leopold and Hillel Kaff. The property measures 66,000 square feet, or $424 per square foot.
  30. An 18-story office building at 39 West 37th Street sold for $26.5 million. The seller was Walter & Samuels. Its newest owner is Blake. The property measures 98,300 square feet, or $270 per square foot.
  31. Palette Hotels acquired the former Z NYC Hotel site at 11-01 43rd Avenue in Long Island City from Taconic Capital for $25.5 million.
  32. An apartment complex at 11-15 Broadway, known as the Astoria at Hallett's Cove, sold for $23.4 million. The seller was 11-15 Broadway Delaware Owner LLC, and the buyer was 11-15 Broadway Property LLC. The property has 79 apartments.
  33. Little Tiger Love LLC dropped $22.7 million on a newly built condo at Extell Development Company's 50 West 66th Street. The 3,400-square-foot unit has four bedrooms and four and a half baths, or $6,700 per square foot.
  34. 15 Central Park West, a condo, sold for $22 million. The seller, NYC 15 CPW LLC, purchased the unit in 2008 for $10.5 million. The unit's new owner is The Verdant One LLC. The three-bedroom unit measures just over 3,100 square feet, or $7,100 per square foot
  35. An 88,000-square-foot industrial building at 845 East 136th Street in the Port Morris section of the Bronx sold for $21.7 million. The seller was an affiliate of Brookfield Properties, and the buyer was an LLC, LBA Realty.
  36. A 5,100-square-foot duplex with four bedrooms and six and a half bathrooms at 15 Hudson Yards sold for $19.5 million — more than $3,800 per square foot — to HY88D LLC.
  37. EJS Development sold three units at 200 East 75th Street. One 5,300-square-foot penthouse traded for $21.2 million, while another 4,800-square-foot penthouse went for $18.5 million. The buyers of those units were LLCs. A third 3,700-square-foot unit with six bedrooms went for $10.6 million to buyer Aaron Appel.
  38. A sponsor unit at 111 West 57th Street sold for $20.3 million, or roughly $4,800 per square foot. The buyer was Kresk Immobilier LLC. The unit measures about 4,200 square feet and has three bedrooms and 3.5 baths.
  39. For $19.3 million, a single-family home at 235 West 11th Street in the West Village sold. The seller was an LLC tied to Simone Kamali. The buyer was Undicesima LLC.
  40. Stellar Management sold two Bronx apartment complexes to Berkley Properties. One property comprises two buildings at 2010 Bruckner Boulevard and was sold for just over $20 million. The other property, valued at $16.1 million, is located at 801 Neill Avenue.
  41. A penthouse at 33 Park Row sold for $18.5 million. The sponsor unit went to Rick11 LLC, managed by Zachary P. Pappas. The 5,400-square-foot unit has five bedrooms and 5.5 bathrooms.
  42. An LLC tied to Stellar Management sold a 217,000-square-foot apartment complex at 950 Underhill Avenue for $17.9 million. The buyer was an LLC tied to Berkley Properties. The property has 209 units.
  43. A mixed-use complex at 126 Nagle Avenue sold for $16.9 million: the seller was an entity linked to The Scharfman Organization. The buyers were LLCs linked to Jesse Deutch. The six-story complex measures about 66,000 square feet and has 87 apartments.
  44. A trust paid $14.3 million for a nearly 4,000-square-foot corner condo.500 West 18th Street has four bedrooms and four and a half bathrooms; the transaction works out to about $3,600 per square foot.
  45. A 12,000-square-foot store and adjacent parking lot at 99-32 Corona Avenue and 113 Corona Avenue sold for $14 million. The seller was an LLC led by Charles Scaturro, and the buyer was A & C Corona Realty LLC.
  46. Himanshu Dwivedi and Kusum Pandey bought up a townhouse at 54 East 80th Street for $13.7 million. The seller was Kenmare Consulting Corp. The townhouse stands five stories tall and has six bedrooms across nearly 5,600 square feet.
  47. $13.3 million, with the sale of a sponsor unit at 220 Censold Park South. The buyer was Helios Chamber Orchestra LLC, which purchased a 2,500-square-foot unit with two bedrooms and 2.5 bathrooms.
  48. The three-bedroom, 3,500-square-foot unit at 11 North Moore Street sold for $12.5 million: the seller was LMB 2010 LLC. The buyer was 11 North Moore LLC., or $3,600 per square foot.
  49. Daniel and Joyce Straus sold a co-op at 888 Park Avenue for $12.3 million. The buyer was Grant S. Johnson. The co-op unit is 3,800 square feet and has four bedrooms and 4.5 bathrooms.
  50. A sponsor unit at 611 West 56th Street sold for $12.1 million. The buyer was Wombats Home Limited. The duplex penthouse spans more than 5,100 square feet.
  51. United Properties Corp. shed a retail property with 16 units at 71-26 Main Street in Queens for $12 million. The buyer of the one-story, 28,000-square-foot property was an LLC linked to Gil Zaburov.
  52. A one-story, 3,300-square-foot retail property at 3183 Atlantic Avenue sold for under $12 million. The sellers were entities tied to James J. Mannix, Jr. and Mattone Investors, and the buyer was Phipps Houses.
  53. A development site at 144-28 Northern Boulevard sold for $11.2 million. The site includes two vacant buildings with a total lot size of about 14,400 square feet and nearly 69,000 buildable square feet. The seller was an LLC owned by Adolph Meyer and Carolyn Meyer-Grady. The buyer was an entity called Century Development Group.
  54. A retail property at 1134 East New York Avenue that spans two contiguous lots sold for $11.2 million. The building currently houses a Walgreens. The seller was Unicorp National Developments, and the buyer was 1132 Holding LLC.
  55. A penthouse at 90 Riverside Drive sold for just under $11 million. The seller was Susan Winberg, and the buyer was Joshua Wachs. The three-bedroom pad was gut-renovated.
  56. A commercial condo at the Bayview Courtyard at 2286 Cropsey Avenue in Gravesend sold for $10.9 million, or about $290 per square foot for the 38,000-square-foot unit. The buyer was LGA Ditmars Partners LLC, linked to Huei Hsiang Wang.
  57. Philip and Alyce de Toledo sold a condo at 200 Amsterdam Avenue for $10.4 million. The buyers were Diana Moore and James A. Williams. The 2,700-square-foot condo has three bedrooms and three and a half bathrooms. Or $3,900 per square foot.
  58. LLCs tied to Janos Kanta and Gloria Kellarakos sold a development site at 30-75 21st Street for $10.4 million. The buyer was an LLC linked to Kenny Shun Qian Liu. The site has up to 52,800 buildable square feet, or 74 apartments.
  59. Mack's representative paid $9.8 million for interests in industrial lots in Maspeth and $1 million for a lot in Woodside.
  60. Bruce and Lana Curtis bought a Tribeca condo at 111 Murray Street for $9.6 million. The seller was an LLC, with Robert Stype as its member. It spans nearly 3,000 square feet, or $3,200 per square foot. The condo has three bedrooms.
  61. A trust tied to James G. Weiss paid $9.3 million for a condo at 10 Sullivan Street in Soho. The seller, Sullivan 12A LLC, is the owner of the full-floor residence. The three-bedroom unit is 3,000 square feet, or $3,100 per square foot.
  62. The Mount Sinai Hospital paid just over $9 million for an eighth-floor condo at 150 East 42nd Street. The unit measures about 31,000 square feet.
  63. Susanne Roberts and Stephen Choe paid $8.7 million for a condo at 111 Murray Street. The seller, Big Apple, LLC, which has James Stephen Turner, Jr. as a member, is offering the three-bedroom unit, which measures about 2,800 square feet, or $3,100 per square foot.
  64. A single-family home at 1010 East Eighth Street with 2,551 square feet sold for $8 million. Joseph Benhaim purchased the house from Yosef Hakoun.
  65. 1289 Lexington Avenue, unit 19B, sold for $8 million. The condo is 3,500 square feet.
  66. A sponsor-sale condominium at 1289 Lexington Avenue sold for $8 million. Zeckendorf Development sold the unit to Nehal J Madhani and Deepa Patil.
  67. Andrew Fulton paid $7.9 million for a condo at 87 Leonard Street, with Balt and Ro Properties, LLC, as the seller. The unit is 7,400 square feet.
  68. A commercial property at 588 St. Johns Place sold for $7.6 million. The sellers of the 6,300-square-foot building were a trust tied to David Godfrey, Mindy Cavicchia, and Hanne Tieey. The buyer was an LLC tied to Avraham Garbo,
  69. Grant Biggar sold a condo at 150 Charles Street in the West Village for $7.5 million. The buyer of the 2,300-square-foot unit was Wenlei Song. The apartment has three bedrooms and three and a half baths. Its last asking price was $7.7 million.
  70. Abigail Hoffman and David Aboodi bought a condo at 50 West 66th Street for $7.3 million. The three-bedroom unit spans about 2,488 square feet, or roughly $2,900 per square foot.
  71. A penthouse at 480 Kent Avenue, known as One Williamsburg Wharf, in Williamsburg, sold for $7.2 million. The buyer was Babka and Orby LLC. The sponsor unit spans about 2,700 square feet and has three bedrooms.
  72. The estate of Miner Warner and his wife, Ellen Warner, sold a townhouse at 148 East End Avenue for $7.1 million. The buyer was 148 East End Ave LLC. The five-bedroom home spans just over 3,000 square feet.
  73. A condo at 157 West 57th Street sold for $7 million. The seller in the latest deal was an LLC managed by Vlad Torgovnik, and the buyer was O57 LLC. The unit has two bedrooms and 2.5 baths across more than 2,400 square feet. Or $2,900 per square foot.
  74. A mixed-use building at 198 Sixth Avenue sold for $7 million. The sellers were Steve L. Hamilton and Daniel Tessitore. The buyer was an LLC tied to First Management Corp.
  75. Logan and Samantha Lowe bought a co-op at 1120 Park Avenue in Carnegie Hill from Matthew and Cynthia Mark for $6.5 million.
  76. Henry Senger sold a penthouse and a storage unit at 77 Charlton Street to Jennifer and Neil Murray. The price was $6.5 million. The condo has three bedrooms and three and a half baths.
  77. Luc Bertrand and his wife, Fabienne Bertrand, sold a co-op at 4 East 70th Street for $6.1 million. The buyer was McGee Richards. The Lenox Hill penthouse has two bedrooms and 2.5 baths.
  78. Amy Pollner Moritz sold a 21-foot-wide townhouse for $5.8 million. The property, at 308 East 30th Street, has 5,100 square feet. The buyer was an LLC linked to Peter Maglione and Christine Reilly.
  79. Craig and Denise Folise sold a condo at 220 Riverside Boulevard for $5.6 million. The buyers were Lisa and Timothy LaLonde. The condo is 3,000 square feet or $1,900 per square foot.
  80. Abigail Hoffman and David Aboodi bought a condo at Extell Development Company's 50 West 66th Street for $7.3 million. The three-bedroom unit spans about 2,500 square feet, or $2,900 per square foot.
  81. A condo at 157 West 57th Street Row sold for $7 million. The seller was an LLC managed by Vlad Torgovnik, and the buyer was O57 LLC. The unit has two bedrooms, 2.5 baths, and 2,400 square feet, at $2,900 per square foot.
  82. A sponsor unit at 15 West 96th Street sold for $5.9 million. The unit is 2,700 square feet and has three bedrooms and three bathrooms. The buyer was William Mansfield.
  83. For $5.5 million, Karen Miner-Romanoff sold a penthouse and a storage unit at 130 Williams Street. The buyer was an LLC managed by Joseph Hurwitz. The three-bedroom condo spans about 2,500 square feet, or $2,200 per square foot.
  84. An apartment building at 480 Audubon Avenue in Fort George sold for $5.3 million. DJB Realty sold the 63-unit apartment property to Jack Geu.
  85. SL Green bought out its partner, Joseph P. Day, acquiring its 39.5 percent stake to gain 100 percent ownership of the 41-story, 750,000-square-foot 800 Third Avenue for $5.1 million.


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