Top 5 NYC Retail Building Sales—March 2026
A roundup of the largest retail transactions in New York City, rounded up monthly by PropertyShark.
Sale Price: $101.1 million
Gould Investors, through an entity affiliated with One Liberty Properties, has sold a shopping center in Queens. Bogopa Enterprises, the parent company behind the Food Bazaar grocery chain, purchased the asset leased by one of its stores at about $1,355 per square foot.
The 74,637-square-foot retail property is in Long Island City, N.Y. It dates back to 1977 and was last upgraded in 2000.
Sale Price: $54.5 million
A joint venture between SL Green Realty Corp. and Wharton Properties has sold the five-story building on the Upper East Side of the borough in an all-cash deal.
The buyer is Richemont North America, part of the Swiss Compagnie Financière Richemont. The U.S. subsidiary is also the parent company behind the French luxury brand Van Cleef & Arpels, which fully occupies the 6,620-square-foot property.
The five-story building dates back to 1900 and is situated in the Plaza District, in one of Manhattan’s well-known retail corridors. It was last upgraded in 2024 and features 1,324 square feet of office space.
Sale Price: $40 million
JSRE Acquisitions has acquired the Lenox Hill retail property from French retailer Longchamp. The price was approximately 17 percent lower from the property’s previous sale. Longchamp acquired the asset in 2008, in a $48 million deal.
The building dates back to 1900 and was last renovated in 2014. Totaling 10,004 square feet of space, the property features three residential units and 3,096 square feet of office space.
Sale Price: $33.5 million
Wharton Properties has sold the 6,200-square-foot retail building to Efficiency Capital Advisors Co. The buyer operates as the New York City arm of the Tokyo-based ECA Japan, an investment advisory company focused on U.S. commercial real estate for Japanese clients.
The single-story property is situated in the Williamsburg area of the borough. It dates back to 1950, was last renovated in 2020 and is occupied by Bank of America.
Sale Price: $23 million
Philips International has sold the 24,303-square-foot retail component at Washington Court to a private investor. The buyer secured a $15.9 million loan through a consolidated note issued by Webster Bank.
The retail unit is within the five-story condo building at 126 Waverly Place. The property dates back to 1986 and includes 28 residential units.
—Posted on April 28, 2026
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