There were 295 transactions totaling $488 million filed in New York City records in the 24 hours before 4 p.m. on Friday, June 26.
🏆 Commercial: The top commercial deal recorded in New York was on the Lower East Side. Shinko Co., which provides dry cleaning equipment, paid $24 million for a six-story, mixed-use building at 245 Eldridge Street. The seller, 245 Eldridge LLC, had owned the 10-apartment complex, which has ground-floor retail, since December, when the company purchased the building for $16.5 million.
🏆 Residential: The most expensive home sale was a $23.5 million deal for a penthouse in Witkoff Group and Access Industries’ One High Line at 500 West 18th Street. The buyer was shielded by a trust. The nearly 5,200-square-foot pad has four bedrooms and four and a half bathrooms. The sale breaks down to roughly $4,600 per square foot. The unit went on sale in May 2023, with an asking price of $24 million. Corcoran’s Deborah Kern and Steve Gold had the listing.
📊Commercial: In Brooklyn Heights, an Italianate brownstone, currently configured as a vacant multifamily property, at 194 Columbia Heights sold for $15 million, representing one of the borough’s top townhouse sales so far this year. The property dates to the early 1860s and had not sold in nearly six decades. It went on the market in April, with an asking price of $15 million. Corcoran’s Vicki Negron had the listing. The seller was a trust tied to June Chisholm and Austin Moore, and the buyer was 194 Columbia Heights LLC.
📊Residential: A sponsor unit at Madison Realty Capital’s 16 Fifth Avenue in Greenwich Village sold for $12.2 million. The unit spans just over 3,700 square feet, pricing the deal at about $3,300 per square foot. The condo, which went on the market in May for $12.5 million, has three bedrooms and four and a half bathrooms. Corcoran’s Tara King-Brown and Ryan Kaplan had the sale. The buyer was E5NYC, LLC.
📊Residential: SK Development and Madison Realty Company sold a four-bedroom sponsor unit at Spring + Thompson at 83 Thompson Street. The price for the 3,300-square-foot pad was $9.9 million, or about $3,000 per square foot. The buyer was an LLC tied to tech entrepreneur Paul English. The unit hit the market about two years ago with an asking price of $14.9 million. Its most recent list price was just under $12 million. Corcoran’s Catherine Juracich and Tom Ventura had the listing.
📊Residential: Investor Previn Mankodi and Dr. Aimee Mankodi scooped up a full-floor co-op at 800 Park Avenue on the Upper East Side for $8.9 million. The sellers, finance executive Howard Gellis and his wife, Joan Gellis, had purchased the residence for $12 million in 2014. The co-op spans 4,500 square feet and its last asking price was $9.5 million. Serhant’s Peter Ocean and Ryan Serhant had the listing.
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