There were 115 transactions totaling $361 million filed in New York City records in the 24 hours before 4 p.m. on Tuesday, Feb. 24, 2026.
🏆 Residential: The top home sale to hit records was for a 3,500-square-foot pad at 25 Columbus Circle in Lincoln Square that sold for $12.5 million or roughly $3,600 per square foot. The seller, 25 CC ST74B LLC, had purchased the condo in 2010 for $15.7 million. The buyer in the latest sale was 7475B LLC. The unit has four bedrooms and four and a half baths. It hit the market in 2023, for $18 million. Modlin Group’s Adam Modlin and Andrew Nierenberg had the listing.
🏆 Commercial: The top commercial deal to be recorded was in Chelsea, where a 12,000-square-foot vacant development site at 118 Tenth Avenue traded for $53 million. The seller was developer Benny Barmapov and the buyer was Pennsylvania-based homebuilder Toll Brothers.
📊 Commercial: In Soho, The Webster, a luxury retail store, parted with its six-story luxury property at 29 Greene Street for $17.9 million. The buyer of the nearly 10,000-square-foot building was an affiliate of boxing equipment company Everlast Worldwide, which is part of Frasers Group. The building last traded in 2013 for $6.1 million. The most recent deal pencils out to roughly $1,800 per square foot.
📊 Residential: A two-family townhouse at 146 St. Johns Place in Park Slope sold for $7.3 million. The sellers of the 4,300-square-foot property were Michael Smith and Dorian Hansen, a banking executive, who purchased it in 2017 for $3.7 million. The brownstone’s new owner is an LLC linked to William Zysblat.
By the Numbers: Cash buyers hold strong in NYC condo market
Cash is still king for New York City’s condo market.
Despite a marginal dip in all-cash transactions last year, more than one third of buyers across the Big Apple paid for their condos without mortgages, maintaining a trend that has held firm since 2021.
Last year, 34 percent of condos in the biggest boroughs were paid for in all cash, according to a TRD Data analysis of NYC condo filings in Manhattan, Brooklyn, Queens and the Bronx. That was a slight drop from the 35.2 percent of all-cash condo deals handled in 2024.
If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.