There have been 200 transactions totaling $322 million filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Friday, April 3, 2026.
🏆 Business: Williamsburg was dwelling to the highest business deal recorded within the Huge Apple. A business rental at The Sixth at 127 Kent Avenue, developed by Joyland Group and Prospect Builders, traded for $46 million. The customer was an affiliate of Empire State Realty Belief. The unit spans greater than 21,400 sq. ft, and the sale works out to roughly $2,100 per sq. foot.
🏆 Residential: The highest dwelling sale within the metropolis clocked in at just below $11 million. Hedge funder Wolfgang Wander bought a rental at 45 Warren Road in Tribeca for its asking worth from an LLC tied to Andrew and Alison Isaacs, who bought the pad for $6.3 million in 2012. The penthouse unit spans about 4,500 sq. ft and went in the marketplace in October. Compass’ Stephen Ferrara and Clayton Orrigo had the itemizing. The deal breaks right down to about $2,400 per sq. foot.
📊 Business: In Chinatown, a five-story constructing at 91 Canal Road, a four-story property at 95 Canal Road and a six-story constructing at 99 Canal Road bought for $21.1 million. The sellers have been 4 firms tied to Jay Lau, and the customer was 99-91 Canal Mission LLC. Mixed, the properties span about 35,000 sq. ft.
📊 Residential: On the Higher East Aspect, a penthouse at 1049 Fifth Avenue traded for $9 million. The house spans about 4,700 sq. ft and has personal terraces and an elevator touchdown. The deal additionally included a separate studio house and storage locker. The unit went in the marketplace in Could 2025 for about $12 million. Compass’ Robert Varvara, Steven Dawson, Dan Colson, Stephen Ferrara and Clayton Orrigo had the itemizing. The vendor was Truxton Investments, S.A., and the customer was Reservoir Properties Holding LLC.
📊 Residential: Rabina bought a sponsor unit at 510 Fifth Avenue in Midtown for $5.9 million, its asking worth. The customer was Bucky NYC Rental, LLC. The two,200-square-foot pad has three bedrooms and three and a half baths; the sale pencils out to roughly $2,700 per sq. foot. The unit was listed in November. Corcoran is dealing with gross sales on the property.
By the Numbers: CMBS delinquency rates climb in March
The delinquency charge for business mortgage-backed securities climbed increased in March, led by the lodging and workplace sectors.
The share of CMBS loans which have been greater than 30 days delinquent rose by 41 foundation factors to 7.55 p.c in March from February, and 90 foundation factors 12 months over 12 months, in line with a report by analysis agency Trepp. The interval reverses February’s month-over-month decline.
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