There were 195 transactions of a total of $ 283 million registered in New York City during the 24 hours before 4 p.m. on Wednesday 1 October.
🏆 Residential: The most expensive residential deal in New York City was in Greenwich Village, where J. Carey SmithAn entrepreneur established in Texas who has founded Big Ass Solutions, his wife Nancy Smith and their son Tristan Smith a mansion sold on 11 West 12th Street For $ 26.5 million. De Smiths bought the house for $ 19.9 million in 2019 and then brought it to the market in June and asked $ 27 million. The five-storey, 25-foot-wide mansion comprises 9,700 square base and has six bathrooms, a garage with two cars, a gym, a lift and cinema. It also has two terraces and a garden. The buyer was 12th Street NY Holdings LLC.
🏆 Commercial: The best commercial transaction in the city was for a commercial apartment at 1619 BroadwayAlso known as the Brill building on Times Square. The seller was Mack Real Estate Groupand the buyer was ING LLCtied to Saima ChowdhuryThat $ 7 million paid for the unit of 12,300 square feet. Mack took over the Brill building in 2023 in a deal with a value of around $ 216 million.
📊 Residential: In Brooklyn Heights, a block of the waterfront, a trust tied to Michael B. Benner, General Counsel at Tishman Speyer, bought a single -family home 104 Willow Street For $ 11.3 million. The seller was managed by an LLC by Alison Francowhich is also known as Alison SargentWho bought the property in 2014 for $ 10.6 million. The house dates from 1829 and has five bedrooms and four and a half baths. It includes more than 5,200 square foot. The seller mentioned the property for the first time for sale in 2021 for $ 13.8 million, and since then it has been on and out of the market. Compass’ James Augustinus And Emma Teitgen Had the most recent list.
📊 Residential: David Katz $ 10.8 million on a sponsor unit of 4,000 square feet at the Astor 235 West 75th Streetdeveloped by CIM group, On the upper west side. The asking price for the Penthouse – a duplex with an extra 3000 square foot outdoor space – was $ 12.5 million. Douglas Elliman’s Kyle Egan, Katherine Gauthier And Will Rivera Had the list.
📊 Residential: A mansion of Staten Island with eight bedrooms that were traded for $ 8.5 million, the highest selling price ever for the municipality, HIT Records. The sellers of the house at 57 Saint James Place In Todt Hill were Richard and Vania Cardinaleand the buyer was Montauk Island Estates LLCConnected to Mohammed S. Azad, who owns a contract company. The cardinals, owners of a chain of Bagel restaurants, paid $ 1.5 million for the site in 2017 and built the 11,000 square feet of real estate in four years, according to Deducted.
📊 Residential: Joanne and Craig Laurie picked up a flat on full-flat, a sponsor unit, on 126 East 86th Streetdeveloped by Rybak -Development And BK -DevelopersOn the Upper East Side for $ 6.6 million. The unit with four bedrooms comprises approximately 2,800 square feet and has two terraces. Douglas Elliman’s John Gomes, Fredrik Eklund, Adam Widener, Kevin Stefanak And Mollie Claire Lawrence Had the list.
By the figures: Slowly and stable: the office prices crawl nationally
The office market is slowly regaining its momentum.
In August, office prices rose by 1.9 percent compared to three months earlier, according to MSCI’s price index for commercial real estate. Properties in central business districts saw stronger price growth than those in suburbs.
However, this growth was slower than the increase in prices of 2.3 percent in all types of commercial properties during the same period.
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