Top 5 Office Building Sales

PropertyShark compiled the top 5 sales in office for June 2018 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 80 Broad St., Manhattan
    80 Broad St., Manhattan

    Sale Price: $223,250,000

Owned by Invesco Real Estate, this high-rise in the Financial District comprises 422,913 square feet across 36 stories. Built in 1935, the property was completely renovated in 2009 and underwent cosmetic renovations again in 2012. Features of the asset include 12 passenger elevators, access to six subway stations within a quarter mile and 8,000 square feet of ground floor retail. Current tenants include the New York State Supreme Court Officers Association, Indus Architect, The Fulcrum Group, Adams Unlimited and more. According to Yardi Matrix, there are still 14 available spaces for lease in the building, totaling 69,279 square feet.

  1. 121 Varick St. #3FL, Manhattan
    Sale Price: $7,800,000

Standing 12 stories on a 10,143-square-foot lot, this office property comprises 11 commercial units totaling 120,592 square feet. The building is located steps from the 1/C/E subway lines and at the entrance to the Holland Tunnel. It offers a large loading dock with an oversized freight elevator and an attended lobby with oversized windows. The third floor features loft-like high ceilings, three sides of windows, unobstructed views and lighting, as well as heavy floor loads and a high electrical capacity.

  1. 260 Fifth Ave. #16NS, Manhattan
    Sale Price: $7,000,000

Located in the NoMad District, this 12-story building offers 55,370 square feet of office and 4,500 square feet of retail space. The property, constructed in 1900, comprises 29 commercial units. Nearby transportation include the N/R subway lines located at the corner of Broadway and 28th Street.

  1. 104-106 E. 126th St., Manhattan
    Sale Price: $4,550,000

This 6,720-square-foot office building features one commercial unit across four stories. Located in East Harlem on a 2,798-square-foot lot, the property was estimated to have been built in 1910 and last renovated in 2001. Situated at the corner of Lexington Avenue and 125th Street, the building has access to the 4/5/6 subway line, as well as the M101 and M60 busses.

  1. 192-08 Jamaica Ave., Queens
    Sale Price: $2,250,000

Located on a 10,164-square-foot lot in the neighborhood of Hollis, this one-story asset features 3,530 square feet. The property is located within walking distance of the Jamaica Avenue and the 193rd Street bus stop. Currently the building is home to the Law Office of Farris M. Fayyaz P.C.