Top 5 Retail Space Sales

PropertyShark compiled New York City's top five retail property sales for July 2019.

Source: PropertyShark, a Yardi Systems Inc. company

  1. 187 E. Houston St. #RTL1, Manhattan

    187 E. Houston St. #RTL1, Manhattan
    Sale Price: $88,750,000

Sold along with 195 E. Houston St. #RTL2 and 200 A Orchard St. #COMM, this property is located on the Lower East Side within close proximity to the F subway line at the corner of Allen and Houston Streets. The retail portion can be found within the 11-story building.

  1. 650-666 85th St., Brooklyn
    Sale Price: $25,000,000

Built in 1952 and last altered in 1987, this Bay Ridge property is a standalone food establishment leased to Nathan’s Famous. The one-story commercial unit totals 2,856 square feet. The closest transportation option is the B1, X28 and X38 bus routes at the intersection of 86th Street and Seventh Avenue.

  1. 37 Otsego St., Brooklyn
    Sale Price: $20,900,000

Previously home to a Santander Bank and Discount Columbia, this one-story asset features five commercial units totaling 56,740 square feet of retail and 4,000 square feet of office space. Situated on a 100,000-square-foot lot in Red Hook, the building was constructed in 1929.

  1. 135-19 Roosevelt Ave., Queens
    Sale Price: $9,000,000

Home to Asia Hair Salon and Zhong Mei USA Trading Inc., this three-story property was built in 1959. Situated in Downtown Flushing near the 7 subway line at the corner of Main Street and Roosevelt Avenue, the asset features four commercial units totaling 4,800 square feet.

  1. 6 Stone St., Manhattan
    Sale Price: $6,650,000

Totaling 9,075 square feet across five stories, this property is located within the Financial District. Built in 1910, the asset features four commercial units—5,601 square feet of retail space and two residential units totaling 3,474 square feet. Home to restaurant Murphy’s Tavern, nearby transportation includes the R and 1 subway lines and the X15 bus route at the intersection of Water and Broad Streets.

You May Also Like