Top 5 NYC Multifamily Building Sales—October 2025
The city’s largest deals of the month, according to PropertyShark.
Sale Price: $70 million
A 93-unit Class A residential building in Brooklyn changed hands from Hello Living to Madison Realty Capital. The buyer landed $25.2 million through a consolidated mortgage from Northeast Bank.
The building is in the Flatbush area of the borough and rises six stories. It includes an average unit size of 845 square feet and 7,500 square feet of office space. Madison Realty Capital purchased the site out of bankruptcy, as the former owner took ownership in 2014, with plans for a luxury rental project, according to Crain’s New York Business. The initial project included 204 residential units, the same source reports.
Sale Price: $30 million
Slate Property Group has acquired the 11-unit multifamily property from an entity affiliated with the Moezinia family. The buyer picked up the asset in a partnership with Avenue Realty Capital, according to Commercial Observer. The new ownership also secured a total of $50.1 million in financing from White Oak Real Estate Capital through one gap mortgage and a consolidated mortgage.
The six-story property is in Tribeca and dates back to 1915. It was last renovated in 2008 and has an average unit size of 2,219 square feet, as well as 1,332 square feet of retail space.
Sale Price: $21 million
Seastone Capital has purchased the 55-unit residential property in Prospect Heights from Skylight Real Estate Partners. The buyer also assumed a prior debt backed by the property, totaling $18 million, that was originated by JPMorgan Chase Bank back in 2020 and was later assigned to Wells Fargo.
The six-story property dates back to 1987 and includes an average unit size of 950 square feet. Seastone Capital purchased the asset in partnership with Greenmont Group, in a deal brokered by Rosewood Realty Group, according to Commercial Observer.
Sale Price: $17.8 million
Four Winds Real Estate has sold two multifamily buildings in Manhattan Valley to an entity affiliated with Los Angeles-based Peninsula E & C Corp. The buyer secured a $10.7 million loan from KEB Hana Bank.
The six-story property is at 4-6 and 8-10 W. 108th St., dates back to 1929 and includes 25 residential units with an average unit size of 874 square feet.
Sale Price: $17 million
An entity affiliated with JP Real Estate Group has purchased the SoHo property from Peak Capital Advisors. The property previously changed ownership in 2023 for $10 million.
Rising six stories and totaling 13,416 square feet, the building includes 22 apartment units, with an average unit size of 560 square feet. Additionally, it also comprises 1,100 square feet of ground-floor area retail space.
—Posted on November 21, 2025
