There have been 169 transactions totaling $276 million recorded in New York Metropolis over the 24 hours earlier than 4:00 p.m. on Friday, Dec. 12, 2025.
🏆 Residential: The Trump Parc at 106 Central Park South had the most important residential transaction recorded within the metropolis. Citi Mortgage, by way of a deed in lieu of foreclosures submitting, took over 5 condominium items spanning the property’s twenty first flooring in a deal valued at $18.9 million, in accordance with the document. The vendor was a belief tied to Daniel Grollo, an Australian actual property developer, that had upped the mortgage on the items to $18.9 million in 2016. The belief bought two items in 2013 for $14.3 million, then bought the remaining three over the subsequent a number of years.
📊 Residential: In Brooklyn Heights, a belief offered a townhouse at 19 Cranberry Avenue for $11 million. The customer was an LLC managed by Michael Saltzman. The belief had owned the house since 2022, buying it for $12.3 million. The five-bedroom residence spans roughly 5,600 sq. ft and dates to 1829. Adam Modlin with the Modlin Group and Corcoran’s Karen Talbott, Kyle Talbott and Scott Sternberg had the itemizing. The transaction works out to only below $2,000 per sq. foot.
📊 Residential: Jeremy Hoon paid $7.3 million for a townhouse at 537 Pacific Avenue in Boerum Hill. The 5,700-square-foot residence, which has 1,300 sq. ft of exterior area, is a part of a two-townhouse and a condominium advanced developed by Sterling City Equities. The five-bedroom residence first hit the market in 2023 with an asking value of slightly below $11 million. Compass’ Tamara Abir and Noah Plener had the itemizing.
📊 Residential: EJS Growth offered a sponsor unit at 200 East seventy fifth Avenue in Lenox Hill for $6.1 million — its asking value — to 200E75 LLC. The two,500-square-foot pad has 4 bedrooms and 4 and a half baths. Compass’ Alexa Lambert, Susan Wires and Marc Achilles had the itemizing, which went stay in Could 2024.
By the Numbers: How did NYC’s ultraluxury resi market fare in 2025?
New York Metropolis notched extra ultraluxury residence gross sales to date this 12 months — however they have been far cheaper than final 12 months.
For the reason that begin of 2025, the Large Apple noticed 240 residential offers valued at $10 million and better shut, virtually 15 p.c greater than final 12 months, in accordance with an evaluation of recorded deeds by The Actual Deal.
Nonetheless, the median sale value of those transactions was $14.4 million, a ten p.c plunge in comparison with the 12 months earlier than. That was additionally the second-biggest drop for the value tier over the previous decade; the steepest was in 2021, when the inflation-adjusted median sale value tanked by 13 p.c 12 months over 12 months.
Should you like this digest, you may get it even earlier — each night — by subscribing to TRD Information, here.
