There have been 154 transactions totaling $295 million filed in New York Metropolis information from 4 p.m. on Friday, March 13 via 4 p.m. on Monday, March 16.
🏆 Residential: Gary Barnett’s Extell Growth Firm had the priciest residential sale recorded in New York Metropolis. The agency offered a sponsor unit at its Central Park Tower at 217 West 57th Road alongside Billionaires’ Row for $24.5 million. The client was Three Nice Children LLC, tied to a Montville, New Jersey handle. The unit spans practically 4,300 sq. toes and has 4 bedrooms and 4 and a half bogs. It has been on and off the market since 2019, when its asking worth was $33.4 million. The sale pencils out to about $5,700 per sq. foot. Extell and Corcoran are dealing with gross sales on the improvement.
🏆 Industrial: The most costly industrial actual property sale to hit information was for the Hilton Backyard Inn Tribeca at 39 Sixth Avenue, which offered for $49.2 million. The vendor was an affiliate of Hersha Hospitality Belief, which acquired the property from AT&T in 2000, and the customer was Singapore-based AMTD Motels Group (USA) LLC. One other AMTD affiliate loaned $58.6 million in financing for the deal.
đź“Š Industrial: Two mixed-use properties at 226 and 400 Seventh Avenue in Park Slope offered for $11.2 million. That they had final traded for $6.4 million in 2015. Within the newest transaction, the sellers had been corporations tied to New York-based BlackBear Asset Administration, led by Arthur Bellini. The consumers had been LLCs linked to Salvatore Hoo. Each properties stand 4 tales tall and have six flats every with ground-floor industrial area.
📊 Residential: In Chelsea, a sponsor unit at Witkoff and Entry Industries’ One Highline at 500 West 18th Road traded for $10.7 million. The client was an LLC managed by John Gehr. The rental, which first went on sale in December 2024 for $10.5 million, measures greater than 2,600 sq. toes and has three bedrooms and three and a half baths. The deal works out to roughly $4,100 per sq. foot. Corcroan’s Deborah Kern and Steve Gold are main gross sales on the property.
đź“Š Residential: A belief paid slightly below $10 million for a townhouse at 53 West eighty fifth Road within the Higher West Aspect. The Queen Anne-style dwelling stands 4 tales tall and spans about 6,100 sq. toes. It has 5 bedrooms and 6 and a half bogs. The vendor was an LLC managed by Dana Lowey Luttway, founding father of Holliswood Growth, that had paid about $7.1 million for the house in 2015.
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