Top 5 NYC Office Building Sales—April 2026
PropertyShark collected the largest office transactions in New York City.
Sale Price: $316 million
Sovereign Partners has purchased the office component at 575 Fifth Ave. in Central Midtown from MetLife and Beacon Capital Partners. The buyer also acquired the remaining retail component at the skyscraper, from MetLife, through a separate transaction.
The whole building includes 533,695 square feet and traded for a total of $380 million, in a deal brokered by Eastdil Secured.
Ladder Capital financed the acquisition with $268 million across three notes, backed by both office and retail components.
The LEED Gold-certified building dates back to 1983 and went through a $25 million capital improvement program completed in 2016. The office space includes 371,374 square feet spread across 35 stories. Office tenants include Russell Investments, Axpo, Northwood Investors, Panmure Liberum and ICICI Bank.
Sale Price: $65 million
G4 Capital Partners took over the 81,172-square-foot office and retail building in the borough’s Williamsburg neighborhood following a foreclosure. Acore Capital Management provided $52.5 million in acquisition financing.
G4 Capital Partners acquired the building from development partners Cornell Realty Management and Tessler Developments, after the duo defaulted on a $84.3 million loan. The previous debt was issued by G4 Capital Partners in 2020 and was expected to mature in 2030.
The six-story building came online in 2018 and includes 19,200 square feet of retail space. Trader Joe’s anchors the property since 2021 as it is operating a 29,000-square-foot store, while the previous ownership filed plans for an expansion to 14 stories and the addition of 143 residential units replacing the office space, according to The Real Deal.
Sale Price: $54 million
Aurora Capital Associates has purchased the 52,727-square-foot property known as the Scribner Building from LNR Partners, following a foreclosure. The new ownership financed this acquisition with a $29.5 million loan from Safra Group Bank.
Previous owner Thor Equities defaulted on a $105 million loan issued by UBD Bank in 2014. UBS Bank packaged that note into a CMBS trust with Wilmington Trust as trustee. LNR Partners took over the property in 2025, acting as special servicer on behalf of Wilmington Trust.
The Central Midtown asset is rising 12 stories and dates back to 1989. It includes 38,627 square feet of office space and 14,100 square feet of retail space.
Sale Price: $50.5 million
Spear Street Capital has purchased the 34,364-square-foot West Village property from G4 Capital Partners. The buyer secured a $27.8 million acquisition loan from DekaBank.
The 10-story office property reached completion in 2023. It includes 5,473 square feet of first-floor retail space, 1,824 square feet of residential space and an on-site rooftop deck.
The development site was purchased by developer San Lee in 2019 for $18 million, with G4 Capital Partners financing the construction with a $39.6 million loan. A year after the property came online, the lender took title to the building.
Sale Price: $40 million
Gindi Capital has purchased the 162,891-square-foot office property in downtown Brooklyn from PIMCO. The transaction follows a series of nearby acquisitions by Gindi Capital. The buyer secured a $50.4 million acquisition financing package from Athene Annuity & Life Co., backed by three assets, including 25 Elm Place.
The six-story property originally came online in 1915. It includes 115,408 square feet of office space, 30,915 square feet of retail space and is occupied by Grant Associates, Brooklyn Center for Independence of the Disabled and Community Counseling & Mediation, among other tenants.
—Posted on May 27, 2026
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