Top 5 NYC Office Building Sales—December 2025
PropertyShark collected New York City’s top deals for the office sector.
Sale Price: $273 million
Sovereign Partners has purchased 2 Grand Central Tower from Rockwood Capital, in a transaction closed in early December. The buyer secured a $117 million acquisition loan from Metropolitan Life Insurance Co.
The building is in the borough’s Turtle Bay neighborhood. It dates back to 1982 and was last upgraded in 2013. The 43-story high-rise changed ownership at a 32 percent discount from its previous sale, back in 2011 when BXP sold all interest in the asset to Rockwood Capital in a $401 million deal.
Sale Price: $211.2 million
AmTrust Realty has acquired the 22-story office building from The Sapir Organization, which owned the asset since 1996. Mishmeret Trust Co. issued a $200.5 million acquisition loan through a consolidated note.
AmTrust Realty was in contract to pick up the building since October, at the time 68 percent leased, according to Commercial Observer. The initial purchase price was estimated at $217 million, while the new ownership intends to reposition the property with up to $70 million in capital improvements, the same source shows.
The 531,270-square-foot office property dates back to 1952 and was last upgraded in 2015. It is situated in the borough’s Murray Hill neighborhood and includes 20,517 square feet of retail space.
Sale Price: $140.5 million
Landau Properties has acquired the six-story, 76,041-square-foot building in downtown Brooklyn from Midtown Equities. The seller will continue to be involved in the property as it entered into a joint venture partnership with Landau and Third Millennium Group, with plans to redevelop the site into a 136-unit, 47-story residential tower.
The trio landed $213 million in predevelopment financing through three notes. Northwind Group issued the $113 million senior note, while other funds include equity and $25 million in preferred equity from Atlas Capital Group.
Sale Price: $133 million
Clarion Partners has sold the 304,345-square-foot office building to A.M. Property Holding Corp. The buyer secured $132.4 million in acquisition financing through three notes issued by MetLife Investment Management.
The property dates back to 1915, includes 13,000 square feet of retail space and was last upgraded in 2016.
A.M. Property Holding is currently holding the majority ownership stake in the asset, while the new ownership also includes EYN Holding and Axonic Capital. The 22-story office tower sold at a 52.8 percent discount from its 2018 trade, when it changed hands for $282 million or $828.90 per square foot.
Sale Price: $70 million
Bushburg Properties has purchased the 22-story office tower from John Hancock Life Insurance Co., the U.S. subsidiary of Manulife Investment Management. The buyer secured a $78 million loan issued by OakNorth Bank.
The 377,120-square-foot property sold at 58 percent discount when compared to the $166.5 million acquisition price of its last trade, in 2013. Situated in the Financial District, the property dates back to 1973 and includes 6,680 square feet of retail space.
—Posted on January 26, 2026
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