Top 5 NYC Retail Building Sales—June 2026
These are the top five largest retail deals in the city, rounded up monthly by PropertyShark.
Sale Price: $229.6 million
Northwell Health has acquired Rego Park I, an 860,000-square-foot retail center in Rego Park, N.Y. Alexander’s Inc., an affiliate of Vornado Realty Trust, sold the property.
The transaction was initiated in early 2026, when the prospective buyer entered into a definitive agreement to purchase the building—at the time for a gross price of $235.5 million.
Built in 1959, Rego Park I is a two-story power center in Queens. The building is vacant, and it is unclear whether the health system plans to pursue an adaptive reuse project.
Sale Price: $46.1 million
Stockbridge Capital Group has bought the 39,004-square-foot building in the borough’s Upper West Side. A joint venture between Nuveen Real Estate and Union Investment sold the asset. CBRE brokered the deal.
The four-story property dates back to 1905 and was formerly home to Yorkville Bank. Retailer Gap and fitness club Equinox fully occupy the building.
Sale Price: $41 million
Midwood Investment & Development has picked up the 18,564-square-foot property from an entity affiliated with Milsmith Real Estate Advisory Services.
The one-story building is within the Greenwich Village area of the borough. It dates back to 1960 and is occupied by various tenants, including Casey’s Flower Studio, Chipotle Mexican Grill, an Italian restaurant and an optometrist office.
Sale Price: $38.2 million
JPMorgan Chase took over the 97,200-square-foot Chelsea building known as Landmark Arts Building, from Pinetree Group. In 2024, JPMorgan Chase initiated a pre-foreclosure action against the former owner over a $30 million debt originated by First Republic Bank. Pinetree Group had owned the property since 1999.
The six-story asset dates back to the 1900s and is occupied by a majority of art galleries, including Atlantic Gallery, Pictor Gallery and First Street Gallery.
Sale Price: $16.3 million
ARCTRUST Private Capital has sold the 29,819-square-foot building in Bronx, N.Y., to a private investor.
The property originally came online in 1970 and was upgraded in 2003. Ponce Bank occupies and uses it as its flagship bank and its corporate headquarters.
—Posted on July 28, 2026
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