Top 5 NYC Multifamily Building Sales—July 2025
PropertyShark collected the city’s top deals for the sector.
Sale Price: $55.7 million
CIM Group has purchased a six-building multifamily portfolio situated between 188 Berry St. and 109 N. 3rd St. from Leny Group. The buyer also secured a $41.3 million acquisition loan from Truist Bank.
The single-story six-building collection includes a total of 40 apartment units with an average unit size of 1,733 square feet. Built in 2009 in the borough’s Williamsburg neighborhood, the community also features a total of 7,942 square feet of retail space.
Sale Price: $45.6 million
Clipper Equity has sold the 82,230-square-foot residential property to an entity related to the Sendowski family. The sale price decreased by nearly 42 percent, compared to the previous time the property traded, when Clipper Realty paid $79 million to Touro College, back in 2017. The buyer also secured a $31.2 million loan through a modification and extension agreement with JP Morgan Chase Bank.
The six-story building is in the borough’s Lincoln Square, just off Central Park. It dates back to 1939 and includes 86 residential units with an average unit size of 956 square feet, while also featuring 33,684 square feet in unused air rights.
Sale Price: $19.4 million
The same family picked up 39-unit property in Harlem from Bonjour Capital. The new ownership landed $46.5 million in acquisition funds from JP Morgan Chase Bank.
The six-story building encompasses 57,415 square feet of space. It includes apartments with an average size of 1,347 square feet and 7,560 square feet of ground-floor retail space.
Sale Price: $15.5 million
RYCO Capital has sold the 20-unit residential building to a private investor. The buyer secured a total of $12 million in debt from Derby Copeland Capital through three building and extension agreements. The sale comes after RYCO Capital paid $15 million for this asset, in a deal closed in March last year.
The property is in the borough’s East Village and was last upgraded in 1988. The six-story building totals 17,200 square feet, includes apartment units with an average size of 727 square feet and 2,660 square feet of ground-floor retail space.
Sale Price: $14.2 million
Developer David Halberstam, affiliated with Bruklyn Builders, sold the two multifamily buildings in the borough’s Williamsburg area to a private investor. The buyer landed $3 million in acquisition funds from JP Morgan Chase Bank.
The duo encompasses a total of 20 residential units with an average unit size of 741 square feet. The four-story buildings came online in 2023.
—Posted on August 28, 2025
