Top 5 Retail Space and Office Building Sales
- May 22, 2017
Top 5 retail space sales recorded in April 2017
1107 Broadway, Manhattan
Sale Price: $97,500,000
Built in 1915, this property includes 24 floors. The retail unit that sold totaled 20,605 square feet and was purchased for $4,731 per square foot.
- 6601-6603 18th Ave., Brooklyn
Sale Price: $10,800,000
Home to Bank of America in the Bensonhurst neighborhood of Brooklyn, this space comprises 3,962 square feet and was newly built in 2014.
- 176 Christopher St., Manhattan
Sale Price: $9,750,000
Offering two residential units comprising a total of 3,108 square feet and one commercial unit of 1,092 square feet, this four-story property is estimated to have been built in 1920.
- 201 Chrystie St., Manhattan
Sale Price: $8,000,000
Located in the Bowery neighborhood, this 5,000-square-foot building incorporates two stories and is estimated to have been built in 1900. The multi-story retail asset only offers one commercial unit.
- 32 Orchard St., Manhattan
Sale Price: $6,988,000
M&M Environmental encompasses 2,272 square feet of retail space, along with two residential units at 636 square feet each and 1,000 square feet of extra space.
Top 5 office building sales recorded in April 2017
95 Morton St., Manhattan
Sale Price: $205,961,801
This eight-story office asset houses 203,412 square feet and was originally built in 1911, with a renovation in 2000. The building includes 20,000 square feet of ground-floor retail and was purchased by RFR Realty. Tenants include Fab.com, VSA Partners, PayPal, Integral Ad Science and Ripe Ideas.
- 95-25 Queens Blvd., Queens
Sale Price: $139,874,900
Located in the neighborhood of Rego Park, the office tower comprises 10 commercial units across its 11 stories. Offering 212,060 square feet of office, 43,700 square feet of retail and 102,000 square feet of garage space, the property was built in 1975 and last altered in 2010.
- 19 E. 64th St., Manhattan
Sale Price: $79,500,000
This asset can be found in the Upper East Side Historic District and is home to Wildenstein & Co. The five-story building offers 18,860 square feet and is located in the Lenox Hill neighborhood. Last renovated in 2009, the property was originally built in 1932. Designed by Gilded Age architect Horace Trumbauer, the limestone-clad building has 20-foot ceilings on the ground, second and third floors. In addition to the paneled elevator reaching all floors, a sweeping staircase connects the reception rooms to offices and meeting rooms on the upper floors of the building.
- 167 E. 73rd St., Manhattan
Sale Price: $19,250,000
A mixed-use building with one residential and two commercial units, this asset offers a total of 5,795 square feet of space on its two-and-a-half stories. Estimated to have been built in 1920, the property was last updated in 2006 and offers one 2,500-square-foot apartment and 3,295 square feet of office space.
- 860-866 Courtlandt Ave., Bronx
Sale Price: $5,700,000
In the Melrose neighborhood of the Bronx sits this 29,130-square-foot building that houses 25,030 square feet of office and 4,100 square feet of storage space. Standing two stories, the property was built in 1930.