"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."
"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 latest transaction pencils out to roughly $440 per square foot."
"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."
New York City real estate markets showed significant activity with 192 transactions worth $276 million filed within 24 hours on March 11, 2026. The largest residential transaction was a four-bedroom, four-and-a-half-bathroom condo at 157 West 57th Street on Billionaires' Row, selling for $26 million at approximately $5,800 per square foot, down from a $29.5 million asking price. The top commercial deal involved a mixed-use Bedford-Stuyvesant property at 1063 Bedford Avenue, featuring ground-floor retail and 14 apartments, which sold for $5.1 million at roughly $440 per square foot. Additional notable residential sales included singer Gracie Abrams purchasing a Greenwich Village penthouse co-op for $4.5 million, a sponsor unit at 50 West 66th Street selling for $17.8 million, and an Upper West Side townhouse trading for $6.1 million.
#new-york-city-real-estate #residential-sales #commercial-property #luxury-market #real-estate-transactions
Read at therealdeal.com
Unable to calculate read time
Collection
[
|
...
]