There have been 225 transactions totaling $346 million filed in New York Metropolis data within the 24 hours earlier than 2:30 p.m. on Tuesday, July 7.
🏆Business: The priciest industrial deal to hit data was in Queens, the place a warehouse at 34-02 Laurel Hill Boulevard in Maspeth bought for $18.8 million. Patricia York and John P. Pantanelli have been the sellers; Grandview Portfolio Holdings LLC was the client. The property spans about 43,200 sq. toes.
🏆Residential: Chelsea had the costliest recorded dwelling sale within the metropolis. Ashwin Anand bought a penthouse at 345 West 14th Avenue for $6.2 million. The vendor of the two,100-square-foot pad was Tafum NY LLC, managed by Michelle Brown, which bought the rental in 2024 for $5.5 million. The most recent sale works out to only underneath $3,000 per sq. foot. The unit has three bedrooms and two and a half loos. It additionally has a personal terrace. The rental went in the marketplace in April for $6.4 million. Serhant’s Christopher Prokop, Ryan Serhant and Vikrant Patel had the itemizing.
đź“ŠBusiness: In Astoria, a seven-story medical workplace constructing at 23-34 thirtieth Avenue modified palms for $12.8 million. The vendor was an organization tied to Moshe Glassman, and the client was an affiliate of Apex Investments. The vendor had owned the almost 14,100-square-foot constructing since 2023, when it bought it for $5.6 million.
📊Business: An LLC tied to Pioneer Administration offloaded a former outpost of the New York Police Division at 524 West forty second Avenue in Hell’s Kitchen for $10 million. The customer was an affiliate of BD Inns. The property stands 4 tales tall and measures about 19,400 sq. toes.
📊Residential: Roger and Julia Baumann parted with a co-op at 1056 Fifth Avenue in Carnegie Hill for $5.8 million. The consumers have been Douglas and Elizabeth Bradley. The unit has 5 bedrooms and 4 loos. Douglas Elliman’s Gabrielle Corrao, Iman Bacodari and Gabriela Bodkin had the itemizing.
By the Numbers: Bronx neighborhoods lead NYC housing market growth in second quarter
Town’s median dwelling sale worth inched larger within the second quarter in comparison with the 12 months earlier than, however two Bronx neighborhoods stood out for having the quickest development throughout the Massive Apple.
Within the second quarter, the city-wide median dwelling sale worth, throughout all property sorts, was $850,000, a 2.4 p.c year-over-year improve, based on an evaluation of recorded dwelling gross sales by TRD Knowledge. Nevertheless, the second quarter noticed fewer offers cross the end line, about 10,200 in comparison with simply over 10,500 the identical interval the 12 months earlier than.
Norwood’s dwelling costs grew probably the most. The neighborhood’s median dwelling worth within the second quarter climbed by greater than 424 p.c to $750,000. Following Norwood was Fieldston, whose second-quarter median of $1.4 million was about 419 p.c larger in comparison with the identical time final 12 months.
