Top 5 NYC Multifamily Building Sales—May 2026
These are the top five largest transactions in New York City, according to PropertyShark.
Sale Price: $43.3 million
AV Management has purchased the 11-unit multifamily property from a private entity. Citizens Bank provided a $21.7 million acquisition financing. Cushman & Wakefield worked on behalf of the seller.
The eight-story building is in SoHo, was built in 2014 and features an average unit size of 2,184 square feet.
Sale Price: $42 million
Benchmark Real Estate has acquired a 15-story multifamily building. Heller Realty sold the asset after owning it since 1998. The buyer assumed a loan backed by the property and held by Flagstar Bank with a remaining debt totaling $21.9 million.
The 1925-built property includes 90 residential units with an average size of 1,107 square feet and is situated in the borough’s Upper West Side neighborhood.
Sale Price: $23.5 million
A private individual affiliated with the Cohen family has sold a 120-unit Class A property in the Midwood neighborhood. The buyer is FM Home Loans. Greystone Servicing Corp. originated a $14.4 million note.
The property rises six stories and came online in 2021. It includes an average unit size of 1,289 square feet and 1,000 square feet of office space.
Sale Price: $12.7 million
A private individual has purchased a historic former townhouse with five units from an entity affiliated with Urban Standard Capital. JPMorgan Chase provided $10.7 million in acquisition financing through two notes.
The former owner made a 256 percent gain through this acquisition when compared to the property’s previous trade of $3.6 million in 2021.
The 1920-built asset rises three stories and totals 3,168 square feet, while unit sizes averaging 792 square feet.
Sale Price: $11.1 million
Lockhill Properties and Olymbec USA have acquired a 1987-built residential property in East Village from a private seller. The partnership secured a $9.5 million financing package from Derby Copeland Capital.
The asset includes two five-story buildings featuring 15 units, averaging 780 square feet in size. The property comprises 700 square feet of office space and 2,000 square feet of retail space spread across both buildings.
—Posted on June 25, 2026
