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NYC’s top deals: Gracie Abrams scoops up second penthouse in Greenwich Village

TRD reports top transactions for Wednesday, March 11, 2026

1 Fifth Avenue with Gracie Abrams

There were 192 transactions totaling $276 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, March 11, 2026.

🏆 Residential: The largest recorded residential sale in New York City was on Billionaires’ Row, where a condo at 157 West 57th Street changed hands for $26 million. The four-bedroom pad has four and a half bathrooms and spans nearly 4,500 square feet; the sale works out to roughly $5,800 per square foot. Its last asking price appears to have been $29.5 million. The seller, WEIV LLC, purchased the pad in 2017 for $22.5 million. The buyer in the latest deal was 157-65 LLC.

🏆 Commercial: Bedford-Stuyvesant had the top commercial deal to hit records in the Big Apple. A mixed-use property at 1063 Bedford Avenue traded for $5.1 million. The property has ground-floor retail and 14 apartments across 11,500 square feet. The seller, an affiliate of Alchemy Ventures, paid $3.5 million for the property in 2016. The buyer was an LLC tied to Yitzchok Lebowitz. The latest transaction pencils out to roughly $440 per square foot.

📊 Residential: Singer Gracie Abrams dropped $4.5 million on another co-op at 1 Fifth Avenue in Greenwich Village. The seller was the estate of late developer Joseph Cotter. Abrams already owns a unit in the building, a penthouse she purchased last year for $5.5 million. The co-op Abrams just purchased is also a penthouse, with two bedrooms and two bathrooms. It went on the market in March of last year for just under $6 million. Martine Capdevielle and Brigitte Goldenberg with Sotheby’s International Realty had the listing.

📊 Residential: Janice Chang, a broker at Douglas Elliman, and Ross Nodell scooped up a sponsor unit at Extell Development Company’s 50 West 66th Street on the Upper West Side for $17.8 million. The unit spans about 3,400 square feet, pricing the sale at roughly $4,700 per square foot.

📊 Residential: On the Upper West Side, a townhouse at 37 West 94th Street sold for $6.1 million. The seller was an LLC, tied to Baojie Song, which acquired the property in 2017 for $6.6 million. The buyer was 37 West 94th Holdings LLC. The nearly 5,000-square-foot home has five bedrooms and six bathrooms. Christe’s International Real Estate Group’s Calvin Xu had the listing. The home’s last asking price was $6.6 million.

📊 Residential: A company tied to Sushmetha Kumaar parted with a condo at Madison House at 15 East 30th Street in Nomad for $5.6 million. The buyer was JS Family Holdings LLC. The unit had last traded in 2024 for $5.5 million. It spans about 1,800 square feet, with two bedrooms and two and a half baths. Corcoran’s Robyn Frank and Joan Adams had the listing. The sale comes out to more than $3,100 per square foot.

By the Numbers: U.S. CRE prices kick off 2026 with small gain

U.S. commercial real estate prices eked out a minor gain to start 2026, but high financing costs, economic concerns and slow deal volume have prevented parts of the market from finding solid footing.

Pricing across all major property types rose 0.3 percent year over year in January, a modest growth as pricing momentum has moderated over the past couple of months, according to MSCI’s RCA commercial property price index.

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