There were 288 transactions totaling $1.1 billion recorded in New York City over the 24 hours before 4:00 p.m. on Monday, Dec. 8, 2025.
🏆 Residential: The top recorded home sale in the Big Apple was in Tribeca, where a trust offloaded a condo for $21 million. The buyer of the unit at 70 Vestry Street was Vestry Partners II LLC. The seller had owned the unit since 2023, purchasing it for $16 million. The 3,200-square-foot pad has four bedrooms, four and a half baths, a parking spot and a storage unit. It went on the market for $22.5 million in September. Sotheby’s International Realty’s Cortnee Glaser and Compass’ Jared Schwadron had the listing.
🏆 Commercial: Queens had the top commercial property recorded in the city, where a 65-unit multifamily building at 30-50 21st Street sold for $20.7 million. The seller of the building, which is called The Montenegro of Astoria, was 30-50 21st Street Delaware Owner LLC and the buyer was 30-50 21st Street Property LLC. The seller purchased the property a decade ago for $32.6 million.
📊 Residential: Businessman Grant Biggar shed a condo at 150 Charles Street in the West Village for $7.5 million. The buyer of the 2,300-square-foot unit was Wenlei Song. The condo has three bedrooms and three and a half baths. Its last asking price was $7.7 million. Compass’ Daren Herzberg, Sarah Jackson and Brian Babst had the listing.
📊 Residential: A penthouse at 480 Kent Avneue, known as One Williamsburg Wharf, in Williamsburg changed hands for $7.2 million. The buyer was Babka and Orby LLC. The sponsor unit spans about 2,700 square feet and has three bedrooms. Naftali Group developed the property, and Serhant is marketing it.
📊 Residential: Belgian businessman Luc Bertrand and his wife Fabienne Bertrand parted with a co-op at 4 East 70th Street for $6.1 million. The buyer was lawyer-turned-photographer Virginia McGee Richards. The Lenox Hill penthouse has two bedrooms and two and a half baths. It stands across from the Frick Museum and has a wraparound terrace. Sotheby’s International Realty’s Jeremy Stein and Karen Moreau had the listing.
By the Numbers: More renter renewals in 2025 tightened competition in U.S. markets
More renters stayed put in 2025, tightening competition in markets across the country.
Sixty-three percent of tenants renewed their rental agreements in 2024, up from 62.2 percent in 2024, according to RentCafe’s year-end multifamily report.
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