Top 5 NYC Multifamily Sales

Top 5 Multifamily Sales Recorded in May 2017

Source: PropertyShark, a Yardi Systems Inc. company

1. 

   245 E. 80th St., Manhattan

   245 E. 80^th St., Manhattan
   Sale Price: $107,000,000

This 12-story, 110-unit building offers studio, one-, two- and three-bedroom floorplans ranging from 481 to 1,766 square feet. Originally built in 1959, the property has a current occupancy of 96.4 percent, according to Yardi Matrix. The asset features washer/dryers in select units, above-standard ceiling heights, hardwood floors, a laundry facility, 29 parking spaces, a doorman and 7,500 square feet of retail space.

2. 98-41 Queens Blvd., Queens
   Sale Price: $59,185,981

In the Rego Park neighborhood of Queens sits this six-story elevator apartment building. Featuring 198 residential units totaling 196,500 square feet, with an average unit size of 992 square feet, the property also has an office component. The asset has eight commercial units and 7,840 square feet of designated office space. Also housing a garage area, the building was constructed in 1952.

3. 60 W. 107^th St., Manhattan
   Sale Price: $38,250,000

Sold in a bundle with 64 W. 107^th St. and 66 W. 107^th St., this property houses 25 apartments totaling 25,144 square feet. With an average square footage of 1,006, the six-story building features elevator access and is located between the Upper West Side and West Harlem.  

4. 2025 Seward Ave., Bronx
   Sale Price: $34,875,820

Offering a 25,600-square-foot garage in the neighborhood of Castle Hill, the building sits on a 79,118-foot-lot and comprises a total of 195,608 square feet of apartment space across 179 units.

5. 65-09 99^th St., Queens
   Sale Price: $34,686,449

This 132-unit elevator apartment building features 140,892 square feet of unit space and one commercial unit of 1,368 square feet. Originally built in 1946, the property offers six stories in Rego Park.