On July 14, 224 deals totaling approximately $337 million were recorded in New York City. The residential market featured two major sales, both priced at $5 million. One condominium on West 12th Street was sold by V11E LLC while another unit in a development at 30 Front Street sold to Ryan Watkins. In the commercial sector, two sales were tied at around $31 million, one involving a UPS warehouse and another a mixed-use building in North Williamsburg. Several other notable properties sold throughout the city.
On July 14, 224 deals totaling about $337 million were recorded in New York City, indicating a thriving market activity. The residential market saw two significant sales tied at $5 million. V11E LLC bought a condominium at 302 West 12th Street, purchased for $4.1 million in January 2024, highlighting a swift turnaround from listing to sale indicating confidence in this lucrative market. Similarly, a unit at 30 Front Street also reached $5 million, showcasing strong buyer interest in premium properties.
The commercial sector's highest sales also tied at around $31 million. UPS sold a historic warehouse, emphasizing long-term ownership and strategic divestment, while centralized, high-value parcels remain in demand, as demonstrated with sales in North Williamsburg. The retail market is visible with a notable $7 million sale in Kew Garden Hills and a $5.7 million townhouse in Park Slope, reflecting diverse buying patterns across New York City.
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