September 2025 » Market Analysis » NYC Buildings For Sale

September 2025 New York Buildings For Sale

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Buildings for Sale:

  1. Paramount Group is in the midst of a second round of bidding for a potential sale to go private, drawing the likes of major institutions such as Vornado and SL Green to the table.
  2. UDR and MetLife are selling a five-building, 710-unit multifamily portfolio near Columbus Circle for $450 million to $500 million. Four buildings are free market, and the fifth has significant rent increase potential under the 421a program.
  3. Vornado plans to sell the 550,000-square-foot Architects & Designers Building at 150 East 58th Street for over $250 million, seeing it as prime for residential conversion or office rebranding.
  4. Olnick is seeking roughly $60 million for a largely vacant patch of land on University Avenue between West 168th and West 170th streets in Highbridge.
  5. Rialto initiates foreclosure on Brookfield's Brooklyn Commons over a defaulted $133 million loan.
  6. RFR lists 66 East 55th Street, the former Core Club space for $40 million.
  7. The Herald, a 166-key hotel run by LuxUrban Hotels, is alleged to not paying rent at 960 Sixth Avenue. A judge approved the landlord's eviction request this summer.
  8. 750 Lexington Avenue received a valuation of $41 million from its $300 million valuation in 2015. The building's occupancy and net operating income have declined, leading to a foreclosure case. Cohen faces a separate $187 million judgment from Fortress Capital.


Buildings Sold:

  1. RXR sold a $1.08 billion deal for 590 Madison Avenue with a big private equity loan. Apollo Global Management provided $785 million in debt to finance RXR's $1.08 billion purchase from the State Teachers Retirement System of Ohio.
  2. Miki Naftali's bought 800 Fifth Avenue for $810 million. The sellers were Eliot Spitzer and the Winter Organization. The 33-story rental building has 208 units. Naftali,and partners, plan to tear down the tower and replace it with a new one.
  3. Vornado Realty Trust signed an agreement to buy 623 Fifth Avenue for $218 million. The building, is 75% vacant, will be redeveloped into Class A office space.
  4. Tavros Capital will buy 250 Water Street for $150.5 million from Seaport Entertainment Group.
  5. David Werner in Hudson Yards bought 440 Ninth Avenue for slightly more than $100 million or about $243 per square foot.
  6. MML Hospitality purchased the 113-key property at 9 Orchard Street for $92 million, or about to $814,000 per key.
  7. A penthouse at Aurora Capital Associates' 140 Jane Street, which last asked close to $88 million spans 9,500 square feet, has gone to contract.
  8. Aurora Capital Associates snagged a signed contract for a penthouse at 140 Jane Street, asking $87.5 million.
  9. A Savanna affiliate transferred all of its interest at 141 Willoughby a 400,000-square-foot office building to Capstone Equities for $86 million. Capstone plans to convert 141 into 200 residential units. Savanna affiliate also transferred a parcel, at 383 Gold Street, to Capstone Equities.
  10. Rabsky Group sold a mixed-use property at 146 South Fourth Street for $82.5 million. The buyer was Pacific Urban Investors.
  11. The Shops at Atlas Park at 80-00 Cooper Avenue sold for $72 million. The buyer was Askenazy Acquisition Corp. The seller was Macerich. The property contains 370,000 square feet, about $195 per square foot.
  12. Lincoln Property Company and Cross Ocean Partners bought the leasehold interest and the office building at 470 Vanderbilt Avenue from RXR for $70 Million.
  13. An apartment complex at 56 North Ninth Street sold for $66.3 million. The seller was Double U Realty and the buyer was Rockpoint Group, Lincoln Property Company and Land Labor Capital. The property has 30,000 square feet of retail space.
  14. CIM Group and LIVWRK sold the Retail condos at 85 Jay Street to an affiliate of Namdar Realty Group for $54.5 million.
  15. The Roman Catholic Church sold a church and two religious facilities at 329, 341, and 343 West 25th Street for $48.3 million. The buyer was an affiliate of Timber Equities, that plans to raze the site for redevelopment.
  16. A commercial condo at 1600 Flatbush Avenue sold for $41 million. The seller was Triangle Equities, The buyer of the 64,000-square-foot retail condo was Parviz Farahzad,
  17. ASG Equities sold 458 86th Street in Brooklyn for $47.5 million to MCB Real Estate and Osiris Ventures. MCB and Osiris plan a $100 million redevelopment for the 95,000-square-foot retail property,
  18. Bridges Development Group and ACHS Management Corp. sold a development site at 73-99 Empire Boulevard for $42.5 million. The buyer was CW Realty. The City Council approved a rezoning of the area.
  19. Republic Investment Company and Capstone Equities picked up the Smyth Hotel, which spans more than 71,000 square feet, at 85 West Broadway for about $40 million. The seller was a joint venture with Korman Communities
  20. The six-story retail portion of 229 West 43rd Street sold for $28 million. Kushners, lost the property to foreclosure after paying $295 million. The buyer took over the property from the lender and plans to redevelop the property, which is about 35% occupied.
  21. A condominium at 730 Fifth Avenue on the 16th-floor sold between two LLCs for $28 million, about $6,300 per square foot, in an off-market deal. The condo has three bedrooms and three bathrooms.
  22. The Domain Companies paid $26.8 million for 35-33 and 35-45 41 Street in Long Island City. Mayer Malbin sold the 25,600-square-foot industrial site.
  23. A unit at 157 West 57th Street, on the 66th-floor condominium, transferred from one LLC to another for $24 million. The unit is about 4,200 square feet, or $5,700 per square foot.
  24. 40 Thompson Street sold for $23.1 million. John Krasner purchased the property from EPIC's. The 30,900-square-foot property sits at the corner of Thompson and Watts.
  25. Slate Property Group sold two sponsor units at 118 West 13th Street to anonymous LLCs for a combined $23.5 million. The Parlour 13 LLC paid $13.3 million for a condo and storage unit at the building, and Stoken church LLC paid $10.3 million for another condo and storage unit.
  26. The historic Washington Square Hotel sold for $22 million to Library Hotel Collection. The property has 49,213 square feet and 152 rooms.
  27. A full-floor at 520 Park Avenue sold between anonymous LLCs for $22 million, 4,600 square feet or about $4,800 per square foot.
  28. A buyer paid $22 million for the full-floor unit that measures about 8,400 square feet about $2,600 per square foot for a co-op at 995 Fifth Avenue.
  29. Zano Industries sold a parking facility spanning three parcels at 20-15 130th Street for $20 million. The buyer was an affiliate of Turnbridge Equities.
  30. Standish Development Corp. sold two commercial portions of a 108-unit co-op building at 134-54 Maple Avenue for $20 million. The buyers were two companies tied to Zifeng Chen.
  31. The three-story town house at 230 West 11th Street sold for $20 million between two LLCs that hide the identities of the true parties. The 25-foot-wide Italianate town house dates to 1860.
  32. Ponte Equities sold Unit 10W condo unit at 70 Vestry Street for $18.7 million in an off-market deal, The buyer was an LLC. The three-bedroom pad spans about 2,600 square feet, or to about $7,200 per square foot.
  33. With Appreciation LLC paid $17.7 million on a 19th-century, Greek Revival town house at 246 West 12th Street. The seller was a company tied to Jonathan Chen.
  34. 217 West 57th Street: Matthew Kaulig, and Lisa Kaulig paid about $17.6 million or $5,200 per square feet for a 3,400-square-foot, three-bedroom sponsor unit.
  35. A vacant property at 11 Hubert Street sold for $17.4 million. The buyer was RIL USA, the U.S. The seller, RJP NY Property Holdco LLC.
  36. Charles B. Moss, Jr. bought a sponsor condominium unit at 50 West 66th Street for $16.8 million, or about $3,700 per square foot. The 4,500 interior square feet and has five bedrooms and five bathrooms.
  37. A five-story, 20-unit walk-up at 194 West 10th Street sold for $16.6 million. The buyer was Shinko Co. which purchased the property from an LLC named after the address.
  38. A development site at 10 West 17th Street sold for $16.2 million. The seller was an affiliate of Anbau and the buyer was an affiliate of Prosper property Group.
  39. For $16 million, Honda of the Bronx sold its service location at 1133 Zerega Avenue. The buyer was Island Auto Group.
  40. Honda of the Bronx sold 2543 East Tremont Avenue to Island Auto Group for $16 million.
  41. The Cayre Group sold two apartment buildings to the Carlyle Group. For $15.8 million. The buildings, at 269 Washington Avenue and 238 Hall Street have 10 units each.
  42. An LLC managed by Biana Dudler sold a condo on the 52nd floor of 432 Park Avenue for $14.7 million. The buyer was another LLC. The condo is 3,600 square feet, or about $4,100 per square foot for the three-bedroom unit.
  43. Jake Gyllenhaal sold a three-bedroom condominium at 443 Greenwich Street in Tribeca for $14 million. The new buyer is an LLC with an address in Los Angeles. The unit spans 2,900 square feet, pricing the deal at more than $4,800 per square foot market deal.
  44. A six-story, 18-unit walk-up at 317-319 Second Avenue sold for $13.5 million. The seller was an affiliate of Icon Realty Management and the buyer was an LLC named after the building.
  45. A town house at 163 East 78th Street sold for $12.7 million. The buyer was a trust tied to Anna DerParseghian and the seller was a company signed to Robert Gregory Eisner and Malda Nadi Hibri for the 36-foot-wide single-family.
  46. A two-story, more than 35,000-square-foot warehouse sold for $12 million. The seller of the property at 41-39 39th Street was a company signed to Joshua L. Goldman. The buyers were Oakland Trading Corp. and 4141 Group LLC.
  47. Extell sold a unit at 50 West 66th Street to Andrew and Stacey Feller who paid $11.7 million for a 3,900-square-foot, five-bedroom or about $3,000 per square foot.
  48. Carlos Saavedra and Nicole Eckstrom sold a newly renovated, move-in-ready brownstone at 51 Tompkins Place in Cobble Hill for $11.5 million. The buyer was an LLC. The three-story property was built in 1899.
  49. A company managed by David Fu sold a five-story, mixed-use property with five apartments at 385 Broome Street. The buyer, a company tied to DAX Real Estate, paid $10.9 million for the building.
  50. Realex Development sold two, adjacent one-story industrial buildings at 89-02 Atlantic Avenue and 94-33 89th Street for $10.7 million. The buyer was an affiliate of Rosemont, Illinois-based Venture One Real Estate.
  51. Liam Neeson sold his place at 111 West 67th Street for $10.3 million. The buyers were Martin Zetterberg and Joanmarie Land Zetterberg. The residence spans 4,500 square feet and has five bedrooms and five bathrooms.
  52. The New School sold a town house at 21 West 11th Street for $10.3 million. The 20-foot-wide property dates to 1850 and stands five stories tall. The buyer was a trust connected to Michael B. Benner.
  53. The development site at 1548-50 Bedford Avenue sold for $10.1 million. The seller was All Year Management, who had planned to build a 100-key hotel. The buyer was Avery Hall.
  54. Avista Capital Partners sold two condo units and a parking space at 525 Park Avenue in Lenox Hill to Zachary Pack for $9.9 million, The four-bedroom, 4,000-square-foot unit.
  55. Frederic and Melissa Dassori scooped up a town house at 131 East 95th Street for $9.5 million. The sellers were George and Leslie Biddle, 5,300 square feet. It has four bedrooms, a garden, and a built-in barbecue area.
  56. Alexander Wang, his sister and mother paid $9.5 million on a retail property at 58 Bowery in Chinatown via two trusts. The seller was HSBC Bank/Citizens Savings Bank. The property is known as the Bowery Bank Building, which was land marked in 2011.
  57. A six-story walk up sold for $9.4 million. The seller was an affiliate of Serota Ventures. The buyer was an LLC named after the address. The property has 20 apartments and contains about 11,000 square feet or about $900 per square foot.
  58. A town house at 219 Kane Street with an attached garage was sold for $9.3 million. The sellers were Christopher and Kimberly Browne, and the buyers were Helga Locascio and Marco Locascio, via a trust, and Emily O'Brien.
  59. James and Sally Ratigan sold a condominium at 63 West 17th Street for $7.8 million. The buyers were attorney Peter Sluka and Yixiao Feng. The price for the 4,100-square-foot, split-level unit works out to about $1,900 per square foot.
  60. Two LLCs, one tied to attorney Michael Utevsky and the other to Lawrence Berger, sold a mixed-use property at 165 Sherman Avenue for just under $9 million. The buyer was a holding company managed by Demetrios Moragianis.
  61. One Wall Street, sold Unit 3304 sold for $9.08 million, or over $3,000 per square foot.
  62. A trust tied to Alberto Goldberger, a Bloomberg executive, scooped up a sponsor unit at 200 East 20th Street, developed by Tidhar Group, for $7 million. The Gramercy Park penthouse measures nearly 2,500 square feet or about $2,800 per square foot.
  63. Honda of the Bronx sold 2543 East Tremont Avenue to Island Auto Group for $16 million to Aaronson.
  64. Aaronson also recently acquired a service location from the Bronx dealership at 1133 Zerega for $16 million.
  65. A trust tied to Baruch Travitsky paid $13.3 million for a condominium at 443 Greenwich Street. The seller was an LLC. The three-bedroom unit spans just over 3,000 square feet, or about $4,400 per square foot.
  66. A pre-war triplex in Lenox Hill marked the top residential deal recorded in the Big Apple. Lois Chiles, sold the three-level co-op at 953 Fifth Avenue for $12 million to a trust tied to Jacqueline McCoy. The three-bedroom co-op.
  67. A trio of multifamily buildings at 140-42, 140-44, and 140-46 Sanford Avenue sold for $12 million. Combined, the portfolio has 102 residential units and 36,000-square-feet.
  68. Extell sold 50 West 66th Street. Andrew and Stacey Feller paid $11.7 million on a 3,900-square-foot, five-bedroom pad. The deal works out to roughly $3,000 per square foot.
  69. A company managed by David Fu sold a five-story, mixed-use property with five apartments at 385 Broome Street in Little Italy. The buyer, a company tied to DAX Real Estate, paid $10.9 million for the building.
  70. Jessica Tisch sold a four-bedroom co-op at 9 East 79th Street on the Upper East Side for $10.5 million. The buyer was John Berger. The duplex measures about 4,000 square feet, or about $2,600 per square foot.


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