Investment (Research Center)
Top 10 NYC Commercial Property Sales Recorded in February 2016
A round-up of last month’s top 10 commercial property sales in the Big Apple.
Condensed Cap Rates
National cap rate performance based on properties and portfolios of $2.5 million and greater
Mostly Manhattan
Here are NYC’s top 10 commercial deals recorded in January 2016, a list dominated by both office and retail buildings in Manhattan: #10 329-331 Canal St., Manhattan Sale price: $24,000,000 Buyer: 6 Greene Realty Owner, LLC Seller: 6 Greene Street Associates, LLC This loft building located in SoHo’s Cast Iron Historic District offers 13,500 office square footage. It was acquired by 6 Greene Street Associates LLC in 1995 for an undisclosed price. #9 522-524 Fulton St. & 526-528 Fulton St., Brooklyn Sale price: $30,000,000 Buyer: CA 522 Fulton LLC, c/o Crown Acquisitions Inc. Seller: Bldg 522 Fulton LLC…
Making Changes
National cap rate performance based on properties and portfolios of $2.5 million and greater
