Top 5 NYC Multifamily Building Sales—July 2026
Property Shark’s latest roundup of the city’s biggest deals.
Sale Price: $75 million
L+M Development Partners has sold a 209-unit, two-property multifamily portfolio in Manhattan Valley to Nuveen Real Estate. Ariel Property Advisors negotiated on behalf of the seller.
Walker & Dunlop originated a $37.5 million Fannie Mae loan with a five-year term.
The portfolio comprises a four-building community at 200 Manhattan Ave. It dates back to 1890 and includes 181 units with an average unit size of 622 square feet. The other property is a seven-story building at 133 W. 104th St. The 1950-built asset includes 28 residences with an average unit size of 1,093 square feet.
Sale Price: $25.8 million
A private investor has purchased the 48-unit residential community in the borough’s Greenwich Village neighborhood from Douglaston Realty Management, the property management division of RockFarmer Properties. Woori America Bank originated a $17.6 million loan.
Comprising four five-story buildings, the community dates back to the 1900s and was last renovated in 2014. It features 48 Class A units with an average unit size of 483 square feet, while also having a total of 3,800 square feet of retail space.
Sale Price: $24 million
Prosper Property Group has acquired a TriBeCa lot from Forum Absolute Capital Partners. The new ownership also includes HM Group USA and plans to develop a 23-condominium project, according to The Real Deal.
Kriss Capital issued a $68 million financing package through an acquisition loan and two construction notes. The lot at 65 Broadway was entitled to a 23-unit, six-building project estimated to reach completion in 2018. Construction began in 2017 but work stalled around 2019 and the site remained empty.
Sale Price: $20 million
Charney Cos. has bought the five-building residential asset in Brooklyn, N.Y. from Calmwater Capital. BH3 Management issued a $17 million acquisition loan.
Completed in 2011, the loft and rental community comprises five-story buildings and 49 units in the borough’s Williamsburg neighborhood. Charney Cos. plans to upgrade the vacant property, originally built in 1907, according to Commercial Observer.
Sale Price: $18.2 million
Penn South Capital has sold the six-story residential building in Chelsea to an entity affiliated with Maruishi Pharmaceutical Co., a Japanese pharmaceutical company.
The property includes 23 residential units with an average unit size of 442 square feet and 2,450 square feet of retail space.
—Posted on August 26, 2026
