Commercial properties that snag big price tags are always newsmakers. But the real prize for any seller is the trade that nabs the biggest profit. Take a glimpse at the sales of office, multi-family and retail properties that sold for over $10 million and, so far in 2013, have secured the largest percentage increases over their purchase prices, according to data provided by Real Capital Analytics, city records and previous reporting from The Real Deal. Not all of the spreads are pure profits — in some cases building owners plowed millions of dollars into refurbishments — but they still represent hefty returns.
#9. 200 West End Avenue
Alto Investments partnered with the New Jersey-based Klein Group to purchase the retail condominium at 200 West End Avenue for $31 million in July 2001, and sold the property for $51 million earlier this year – a spread of 65 percent.