Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in February 2019 in New York City.

Source: PropertyShark, a Yardi Systems Inc. company

  1. 710 Madison Ave., Manhattan

    710 Madison Ave., Manhattan

    Sale Price: $66,500,000

Estimated to have been built in 1910, this property was last upgraded in 2008. Offering convenient access to the N/Q/R subway lines at the corner of Fifth Avenue and 60th Street, the building stands five stories on a 1,400-square-foot lot. The property comprises 8,400 square feet, split between 2,800 square feet of residential and 5,600 square feet of retail leased to Graff jewelry store.

  1. 1806 E. Gun Hill Road, Bronx
    Sale Price: $33,200,000

This Home Depot property was constructed in 1997 and comprises 132,200 square feet. The asset is located on a 468,155-square-foot lot within the neighborhood of Pelham Gardens. Nearby public transportation options include the 6 subway line at the corner of Burr and Westchester Avenues, as well as the BX26 and BX31 bus routes at the intersection of Lodovick and Allerton Avenues.

  1. 70 N. Sixth St., Brooklyn
    Sale Price: $13,766,650

Home to three commercial units rented by Bettencourt Green Building Supplies, this two-story building was last upgraded in 2010. The property is estimated to have originally been built in 1920 and offers 15,000 square feet of office and retail space. Located in Williamsburg, the asset can be reached by taking the L train at the corner of Bedford Avenue and North Seventh Street, or the B32 bus route at the intersection of Wythe Avenue and North Sixth Street.

  1. 50-68 W. Fordham Road, Bronx
    Sale Price: $11,500,000

Offering nine commercial units totaling 14,214 square feet, this property is home to businesses such as El Sabor Deli Grocery, Finix Café & Juice Bar, Five Star Barbershop, Fordham Wireless Mall Inc., La Nacional Corp. and True Love Beauty Supply. The asset offers convenient access to the 4 subway line at the intersection of Jerome Avenue and Fordham Road, or the BX12 and BX12+ bus routes at the corner of West Fordham Road and University Avenue. The one-story property was constructed in 1920 in the neighborhood of University Heights.

  1. 1920 E. Gun Hill Road, Bronx
    Sale Price: $10,250,000

Home to Pelham Bay Diner since 1983, this one-story standalone restaurant sits on a 29,800-square-foot lot in Pelham Gardens. Constructed in 1951 and last altered in 1990, the building comprises 9,507 square feet. Nearby transportation options include the 6 subway line at the corner of Burr and Westchester Avenues, as well as the BX29 bus routes at the intersection of Palmer Avenue and Hutchinson River Parkway East.

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