There were 218 transactions totaling $340 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, July 1.
🏆 Commercial: The Flatiron District was home to the priciest commercial deal to hit records in New York. ZAR Property NY picked up a 12-story, 89,400-square-foot office property at 118 West 22nd Street for $28 million. The seller was GFP Real Estate, which had acquired the building decades prior.
🏆 Residential: The top recorded home sale was in Soho, where a 4,200-square-foot penthouse at Javeri Capital’s 10 Greene Street changed hands for $10.2 million. The buyer was Maximiliano Gerardo Caceres. The sale breaks down to about $2,400 per square foot. The unit, a triplex, has four bedrooms, four and a half bathrooms and a 1,700-square-foot terrace; its last asking price was $11.5 million. Corcoran’s Aditi Javeri, Paul Kolbusz and Stephen Diamond had the listing.
📊Commercial: In Jamaica, two commercial properties, a 91,700-square-foot retail and office building at 161-01 Jamaica Avenue and another property at 90-23 161st Street, traded for $17.3 million. The sellers were companies led by Leonard Zangas, and the buyer was 16101 Jamaica Avenue LLC.
📊Residential: A trust sold a home at 527 Third Street in Park Slope for $9.5 million. The buyer of the five-bedroom townhouse, which has four floors and a finished cellar, was an LLC tied to Megan Madden. The home last sold in 2022 for $7.3 million, and it went back on the market in April, with an asking price of just under $10 million. Sotheby’s International Realty’s Daniela Sassoun, Mark Mistovich, Karin Dauch and Pier DeMarco had the listing, and Nathalie Roy with Corcoran represented the buyer.
📊Residential: Ruyin Ye sold a condo at 2211 Broadway on the Upper West Side to a trust for $7.5 million. Ye had purchased the 3,200-square-foot pad in 2014 for $8.2 million. The latest sale works out to roughly $2,300 per square foot.
📊Residential: In Carroll Gardens, a townhouse at 181 President Street changed hands for $7.5 million. The seller, an entity tied to Jessica Jacobs, purchased the home in 2018 for $9.2 million. The buyer in the most recent deal was Brooklyn President, LLC. The home spans about 4,500 square feet and has five bedrooms and three and a half bathrooms. It went on sale in February for $8.3 million. Core’s Emily Beare, Lexi Alper and Caroline Shalloe represented the seller.
By the Numbers: NYC home sellers mostly profited in 2025 — except in Manhattan
Home sellers in the outer boroughs last year saw a nice profit.
The same, however, can’t be said for Manhattan home sellers, as they were the only Big Apple borough that did not sell their homes for more money in 2025.
Across the city, homeowners recorded a median resale gain of $70,000 in 2025, according to a report from PropertyShark. The research firm analyzed almost 15,000 deals and subtracted original purchase prices from the 2025 sale prices.
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