There were 155 transactions totaling $225 million filed in New York City records from 4 p.m. on Friday, May 29, through 4 p.m. on Monday, June 1.
🏆 Commercial: The top commercial real estate deal to hit records in the Big Apple was in Stuyvesant Heights, where an 18-unit, mixed-use complex at 124 Stuyvesant Avenue traded for $5 million. The seller of the 20,500-square-foot, four-story property was an LLC tied to David Levitan. The buyer was a company linked to Joel Rubin. The seller purchased the building in 2013 for $2.8 million.
🏆 Residential: Extell Development Company had the top recorded home sale in New York, with the sale of a condo at 50 West 66th Street on the Upper West Side for $35.7 million, or roughly $7,300 per square foot. The buyer was The Garden Hue LLC. The unit has four bedrooms and five and a half bathrooms across nearly 4,900 square feet. It hit the market in November, with an asking price of $35 million.
📊 Residential: Extell Development Company sold another condo at 50 West 66th Street on the Upper West Side for $8.8 million. The buyer was an LLC tied to Adam Stone. The unit spans about 3,200 square feet, pricing the sale at roughly $2,800 per square foot. The condo has four bedrooms and four and a half bathrooms. The home hit the market in February for just over $8.9 million.
📊 Residential: In Gravesend, a penthouse at the Opal Residences at 346 Avenue U sold for $7.5 million. The buyer was RMGE 346UPHBK LLC. The unit, which spans about 3,100 square feet, has four bedrooms, four and a half bathrooms, a 1,800-square-foot terrace and a storage unit. The sale pencils out to roughly $2,400 per square foot. The developer behind the luxury condominium is RedHoek+Partners.
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