Top 5 NYC Retail Building Sales—October 2025

A list of New York City's top five largest retail transactions, collected by PropertyShark.

Sale Price: $21.6 million

Three commercial units totaling 16,899 square feet were acquired by a private entity. The seller of the units is Torchlight Investors. More specifically, the commercial units that traded are a 2,642-suqare-foot #COMM A unit, a 5,157-square-foot unit #COMM B and a 9,100-square-foot #COMM C unit.

The person listed as authorized signatory in the deal is affiliated with billionaire Jon Stryker, the heir of the Stryker Corp., according to Commercial Observer.

The retail spaces are spread across the first and second floors of the property. The building rises 33 stories and includes office space on floors eight and nine, while the rest of the building comprises174 condominiums.

Sale Price: $19 million

Platinum Realty Associates has acquired the 40,595-square-foot building in Queens from multiple sellers affiliated with Crown Acquisitions. The buyer secured a $15.1 million loan from Société Générale through a consolidated note.

The three-story building is in Richmond Hill, N.Y. It dates back to 1961, was last upgraded in 2009 and includes 13,500 square feet of retail space.

Sale Price: $10.5 million

An entity affiliated with real estate investor Daniel Cohen has picked up the 3,750-square-foot mixed-use building in SoHo. The property changed hands from a private seller. Derby Copeland Capital originated a $7.9 million loan on behalf of the buyer.

The property includes three residential units as well as retail space. In April, Estée Lauder leased space at the building, with plans for a boutique location, according to Commercial Observer.

Sale Price: $9.9 million

An entity affiliated with Fine Fare Supermarkets, a group of independently owned and operated supermarkets, purchased the 13,488-square-foot building in the borough’s Morris Park neighborhood. The property swapped from a private seller.

The single-story building dates back to 1962 and was last upgraded in 2012. It includes 2,735 square feet of office space and 10,753 square feet of retail.

Sale Price: $9 million

An entity affiliated with Red Apple Group, part of the conglomerate owned by Greek-American billionaire John Catsimatidis, has sold the 12,500-square-foot retail building in Brooklyn. The buyer is Fouad Elayyan’s Foodtown and secured $10.2 million from Hanmi Bank through two loans.

Built in 1994, the one-story property is in the borough’s Ocean Hill neighborhood. At the time of the sale, the building was vacant as it served as a location for the bankrupt pharmacy chain Rite Aid, according to Crain’s New York Business.

—Posted on November, 2025