There have been 115 transactions totaling $361 million filed in New York Metropolis data within the 24 hours earlier than 4 p.m. on Tuesday, Feb. 24, 2026.
🏆 Residential: The highest dwelling sale to hit data was for a 3,500-square-foot pad at 25 Columbus Circle in Lincoln Sq. that offered for $12.5 million or roughly $3,600 per sq. foot. The vendor, 25 CC ST74B LLC, had bought the rental in 2010 for $15.7 million. The customer within the newest sale was 7475B LLC. The unit has 4 bedrooms and 4 and a half baths. It hit the market in 2023, for $18 million. Modlin Group’s Adam Modlin and Andrew Nierenberg had the itemizing.
🏆 Industrial: The highest business deal to be recorded was in Chelsea, the place a 12,000-square-foot vacant growth web site at 118 Tenth Avenue traded for $53 million. The vendor was developer Benny Barmapov and the customer was Pennsylvania-based homebuilder Toll Brothers.
📊 Industrial: In Soho, The Webster, a luxurious retail retailer, parted with its six-story luxurious property at 29 Greene Avenue for $17.9 million. The customer of the almost 10,000-square-foot constructing was an affiliate of boxing tools firm Everlast Worldwide, which is a part of Frasers Group. The constructing final traded in 2013 for $6.1 million. The newest deal pencils out to roughly $1,800 per sq. foot.
📊 Residential: A two-family townhouse at 146 St. Johns Place in Park Slope offered for $7.3 million. The sellers of the 4,300-square-foot property had been Michael Smith and Dorian Hansen, a banking government, who bought it in 2017 for $3.7 million. The brownstone’s new proprietor is an LLC linked to William Zysblat.
By the Numbers: Cash buyers hold strong in NYC condo market
Money continues to be king for New York Metropolis’s rental market.
Regardless of a marginal dip in all-cash transactions final yr, multiple third of patrons throughout the Massive Apple paid for his or her condos with out mortgages, sustaining a development that has held agency since 2021.
Final yr, 34 % of condos within the greatest boroughs had been paid for in all money, in response to a TRD Information evaluation of NYC rental filings in Manhattan, Brooklyn, Queens and the Bronx. That was a slight drop from the 35.2 % of all-cash rental offers dealt with in 2024.
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