Top 5 NYC Multifamily Building Sales—March 2026
These are the city's largest deals of the month, according to PropertyShark.
Sale Price: $58 million
A private individual has purchased two adjacent residential buildings encompassing 72 units from Philips International, Centurion Realty and a private seller. The properties are at 68 and 72 Thompson St. in SoHo.
Originally built between 1901 and 1910, the six-story properties were last upgraded in 2013 and include 4,367 square feet of retail space. The first asset includes 39 apartment units with an average size of 399 square feet, while the second building has 33 units with a mean size of 440 square feet.
Sale Price: $50.6 million
Jonathan Rose Cos. purchased Caroline Apartments, a 126-unit affordable community from Related Cos.
The acquisition represented the buyer’s eight investment for its Rose Affordable Housing Preservation Fund VI. Jonathan Rose Cos. renewed the HAP contract and is seeking a rehabilitation improvement program. Newmark, through its Berkeley Point Capital subsidiary, has provided a $45.3 million loan with a maturity date set for 2036.
The 15-story affordable property is situated in Manhattan’s Inwood neighborhood. It includes a 1,000 square feet of office space and 1,000 square feet of retail. Units have an average size of 905 square feet.
Sale Price: $32 million
A partnership between Slate Property Group and Avenue Realty Capital has purchased the TriBeCa multifamily building from Benchmark Real Estate. White Oak Real Estate Capital issued $42.2 million in acquisition funds through a gap mortgage and a consolidated note.
The property rises seven stories and dates back to 1915, while the latest renovations were completed in 2007. It includes 17 residential units with an average unit size of 1,697 square feet. It also features 4,665 square feet of retail space.
Sale Price: $17.8 million
Community League Management Co. has purchased the 20-unit residential asset in Harlem from Neighborhood Restore.
New York City’s Department of Housing Preservation and Development provided the buyer $9.3 million through a gap mortgage and a consolidated note.
The seven-story building was last upgraded in 2020 and includes 1,402 square feet of retail space, while apartments feature an average size of 1,079 square feet.
Sale Price: $16.5 million
Witnick Real Estate Partners has sold the 25-unit residential building in Manhattan’s Yorkville to Jade Century Properties. Marcus & Millichap brokered the transaction on behalf of the seller and procured the buyer.
Cathay Bank provided $12.3 million in acquisition funds through a mortgage and a consolidation note.
Dating back to 1920, apartments at the six-story building feature an average unit size of 650 square feet.
—Posted on April 28, 2026
