Top 5 NYC Retail Building Sales—July 2025
PropertyShark collected the city’s top deals for the sector.
Sale Price: $37 million
Brookfield Properties sold the commercial unit at 200 Lafayette St. in SoHo to Meadow Partners. The buyer secured a $18.7 million acquisition loan from DBR Investments Co.
The ground-floor unit totals 27,970 square feet of retail and office space and is currently anchored by Eataly and Moncler. The Italian restaurant opened this location as one of its Manhattan spaces in late 2023 while the retail portion of the condo unit was empty since 2017, according to Crain’s New York Business.
The commercial unit that swapped is part of the office mid-rise at 200 Lafayette St. It encompasses 77,028 square feet of office space across seven floors, owned by LaSalle Investment Management.
Sale Price: $21 million
Delshah Capital has sold the 7,179-square-foot mixed-use space in the borough’s Chelsea neighborhood to an entity affiliated with BNF Capital. The sale comes after the previous owner filed for Chapter 11 bankruptcy protection after defaulting on a $28 million loan backed up by a two-property collection, according to Crain’s New York Business. The property’s retail units are currently vacant, the same source shows.
It dates back to 1899 and was last renovated in 2015. Rising three stories, the property also features three residential units with an average size of 1,435 square feet and a total of 12,833 square feet in unused air rights.
Sale Price: $20 million
An entity affiliated with catering and bakeries chain owner Ilya Zavolunov has purchased the property known as The Bowery Saving Bank Building from a private seller. The buyer secured $14 million through a gap mortgage and a consolidation agreement from EMG Transfer Agent, a subsidiary of Ellington Financial.
The 32,700-square-foot, two-story building is within the borough’s Nolita neighborhood. It previously traded in 2017 and then became subject to a $12 million loan issued by Wells Fargo. In 2020, the seller defaulted on the mortgage and later, in 2022, filed for Chapter 11 bankruptcy protection and tried to sell the asset initially for $35 million, according to The Real Deal.
Sale Price: $11 million
The 56,870-square-foot commercial unit at 161 W. 16th St. changed ownership from Regency Centers to Watermark Capital Group. The buyer also landed $10.5 million in acquisition funds from Northwind Group.
The retail space is spread across the residential building and was occupied by Barneys, according to Crain’s New York Business. The same source mentions that the buyer purchased the property in partnership with Quality Capital USA.
Sale Price: $9 million
A Sanford Group USA-related entity has bought the 10,160-square-foot retail building in Flushing, N.Y., from a company relayed to the Hochman family, that has owned the property since 1966. Bank of Hope originated a $5.9 million acquisition loan on behalf of the buyer.
The one-story property dates back to 1929 and is situated within the borough’s Murray Hill area. It was last renovated in 2009 and includes 5,100 square feet in unused air rights.
—Posted on August 29, 2025
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