There have been 222 transactions totaling $717 million recorded in New York Metropolis within the 24 hours earlier than 4 p.m. on Wednesday, Jan. 14, 2026.
🏆Residential: The highest dwelling sale to hit information within the Large Apple was in Midtown, the place a condominium at 171 West 57th Road modified fingers for $5.8 million. Blue Icarus LLC had purchased the pad for 3.3 million in 2020; the unit’s new proprietor is Tomco Holdings LLC. The four-bedroom condominium measures 2,800 sq. toes. The deal works out to roughly $2,100 per sq. foot. The vendor had first put the unit in the marketplace in 2024, and its most up-to-date asking value was $6 million. R New York’s Alexander Glibbery represented the vendor.
🏆Business: The highest business actual property deal to hit information was in Queens. An affiliate of Blackstone often called Carry out Properties offloaded a mixed-use complicated often called the SkyView Parc in Flushing for $424.4 million. The customer was an LLC tied to various asset supervisor TPG. Blackstone acquired the complicated, which has a mall referred to as the Retailers at SkyView at 40-24 Faculty Level Boulevard and condominiums at 40-22 Faculty Level Boulevard, in 2015 for about $407.4 million. The mall’s tenants embrace: Goal, Adidas and Outdated Navy.
đź“ŠBusiness: New York-based Lexin Capital’s sale of a Monetary District improvement web site comprised of a number of vacant tons at 75-83 Nassau Street hit information. Full Time Administration and Montgomery Road Companions acquired the parcels, that are eligible for the lapsed 421a tax abatement program, for $53 million. The consumers plan to assemble a mixed-use complicated on the web site, a 13,000-square-foot lot that’s zoned for residential and business use. A JLL staff together with Andrew Scandalios, Ethan Stanton and Jonathan Hageman brokered the transaction. Lexin acquired the tons in 2014 for $46 million.
📊Business: In Crown Heights, a multifamily complicated at 596 Grand Avenue ​​traded for $12.3 million. The vendor was an affiliate of Avanath Capital, which is headquartered in Irvine, California. The consumers had been firms tied to Nice Neck, New York-based ABJ Properties and Englewood, New Jersey-based KABR Group. The complicated has 52 flats and measures nearly 56,400 sq. toes, pricing the deal at roughly $220 per sq. foot.
📊Residential: Ruben Flores and Kim Sprague snapped up a sponsor unit on the Waldorf Astoria Residences, developed by Dajia US, at 301 Park Avenue for $5.6 million. The 2-bedroom unit spans about 1,700 sq. toes; the deal works out to about $3,300 per sq. foot. Its asking value was slightly below $6 million. Douglas Elliman’s Loretta Shanahan, Kai Wong and Jade Chan had the itemizing.
By the Numbers: These were the most expensive neighborhoods in Manhattan in 2025
The excessive factors in Manhattan’s home sale market final 12 months included a number of eight-figure trophy gross sales and falling mortgage charges, which helped to drive gross sales on the decrease finish of the pricing spectrum.
In consequence, the borough’s gross sales quantity, each by common greenback quantity and whole transactions, improved in 2025 from the earlier 12 months, in accordance with an evaluation of residential knowledge by The Actual Deal. The variety of offers that crossed the end line got here in at greater than 13,300 final 12 months, up about 13 p.c 12 months over 12 months. And the common sale value was $2.2 million in 2025, a rise of about 4.4 p.c from the earlier 12 months.
The Plaza District held on to its title because the neighborhood with the best common dwelling sale in 2025, at greater than $5.7 million. Nonetheless, this determine is 4 p.c decrease than 2024’s successful common of practically $6 million. There have been additionally fewer gross sales final 12 months, 142, in comparison with 174 in 2024.
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