Top 5 NYC Retail Building Sales—January 2026
PropertyShark collected New York City’s top deals for the retail sector.
Sale Price: $297.8 million
Perform Properties, a Blackstone-owned company, has sold the 520,838-square-foot retail complex known as The Shops at Skyview to a joint venture between TPG Real Estate and Acadia Realty Trust.
The retail units are part of a 1.2 million-square-foot, two-building condominium property dubbed The Grand at Skyview Park, that includes 169 apartments. The mixed-use property came online in 2006 and also includes 92,078 square feet of office space.
The Shops at Skyview retail complex is one of Queens’ major large-scale shopping destinations. Its tenant roster includes Adidas, Chase Bank, Target, Uniqlo and Foot Locker, among others.
Sale Price: $24.4 million
The Malachite Group has purchased a 42,002-square-foot retail trio in Rego Park, N.Y., from Imperial Sterling Corp., in an all-cash transaction. Flushing Bank originated a $14.3 million loan on behalf of the buyer.
The retail portfolio includes a 7,740-square-foot building at 95-40 Queens Blvd., a 13,000-square-foot building at 95-60 63rd Drive and a 21,262-square-foot property at 96-42 Queens Blvd. The single-story storefronts were built between 1950 and 1956.
Sale Price: $18.5 million
Icon Realty Management had sold a 1,428-square-foot retail building to a private investor based in Japan. Adirondack Capital Partners negotiated on behalf of the seller.
The two-story property is in the borough’s SoHo neighborhood and dates back to 1920. It is fully occupied by German shoe brand Birkenstock.
Sale Price: $16.1 million
The Malachite Group purchased another retail duo in Rego Park, N.Y., totaling 20,000 square feet. Both were sold by Imperial Sterling Corp.
The portfolio consists of a 10,000-square-foot, 1942-built property at 95-05 63rd Drive and another 10,000-square-foot, 1940-built structure at 95-02 63rd Drive.
—Posted on Feb. 26, 2026
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