{"id":1004164907,"date":"2017-01-23T09:47:39","date_gmt":"2017-01-23T17:47:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004164907"},"modified":"2020-05-18T04:00:22","modified_gmt":"2020-05-18T12:00:22","slug":"top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\/","title":{"rendered":"Top 10 NYC Commercial Property Sales"},"content":{"rendered":"
\"Source:<\/a>

Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n

 <\/p>\n

    \n
  1. 1250 Broadway, Manhattan<\/a><\/strong>\"1250<\/a>
    \nSale Price: $565,000,000<\/li>\n<\/ol>\n

    This 39-story, 645,977-square-foot office tower was built in 1969 and is home to businesses such as Kang Suh Restaurant, Woori American Bank and Accessories Palace. The building comprises 55 commercial units and was renovated in 2014.<\/p>\n

      \n
    1. 433-447 9 Ave., Manhattan<\/a><\/strong>
      \nSale Price: $330,000,000<\/li>\n<\/ol>\n

      Sold by EmblemHealth to Cove Property Group, this eight-story office asset was an adaptive reuse project which started as an industrial building in 1953 and converted to office in 1982.<\/p>\n

        \n
      1. 292 Madison Ave., Manhattan<\/a><\/strong>
        \nSale Price: $180,000,000<\/li>\n<\/ol>\n

        Built in 1923, the 24-story building offers 170,230 square feet of office and retail space, divided among 26 commercial units.<\/p>\n

          \n
        1. 119-125 W. 25 St., Manhattan<\/a><\/strong>
          \nSale Price: $150,000,000<\/li>\n<\/ol>\n

          This loft building in Chelsea is surrounded by art studios, salons and restaurants, featuring 11 floors and 113,062 square feet. It offers 13 commercial units and was originally built in 1906.<\/p>\n

            \n
          1. 130 E. 23 St. #CU1, Manhattan<\/a><\/strong>
            \nSale Price: $143,999,840<\/li>\n<\/ol>\n

            Sold in a portfolio with 122 E. 23 St. #CU2<\/a>, 130 E. 23 St. #IRU1<\/a> and 122 E. 23 St. #1RU2<\/a>, this 82,729-square-foot condominium billing lot has five stories and is located just on the other side of the United Cerebral Palsy of New York City building.<\/p>\n

              \n
            1. 510-514 W. 34 St., Manhattan<\/a><\/strong>
              \nSale Price: $124,700,000<\/li>\n<\/ol>\n

              A two-story, semi-fireproof office building in the Hudson Yards neighborhood, this asset offers 8,455 square feet of office and 2,795 square feet of retail space.<\/p>\n

                \n
              1. 817-819 Broadway, Manhattan<\/a><\/strong>
                \nSale Price: $109,000,000<\/li>\n<\/ol>\n

                This Greenwich Village, mixed-use, office and retail building houses 14 floors making up 114,000 square feet of space. A transit-oriented property located within \u00bc mile from four subway stations, the building was sold to Taconic Investment Partners from L&D Management and is home to several different tenants including a restaurant, music shop, a social services union office, social workers and doctors.<\/p>\n

                  \n
                1. 240-246 W. 35 St., Manhattan<\/a><\/strong>
                  \nSale Price: $108,000,000<\/li>\n<\/ol>\n

                  Caf\u00e9 Nunez occupies this location next to the New York Institute of English and Business. With 35 commercial units among 145,372 square feet, this building was built in 1924 and is 17-stories high.<\/p>\n

                    \n
                  1. 52-58 Varick St., Manhattan<\/a><\/strong>
                    \nSale Price: $90,000,000<\/li>\n<\/ol>\n

                    Housing nine residential units at an average size of 2,944 square feet and 17 commercial units, this six-story property is home to Tribeca Cinemas and was built in 1900.<\/p>\n

                      \n
                    1. 1 Boerum Place, Brooklyn<\/a><\/strong>
                      \nSale Price: $76,500,000<\/li>\n<\/ol>\n

                      Located in downtown Brooklyn, this four-story office building built in 1963 offers one commercial unit totaling 42,278 square feet which is occupied by Brooklyn Industries.<\/p>\n

                       <\/p>\n","protected":false},"excerpt":{"rendered":"

                      PropertyShark compiled the top 10 sales in commercial real estate for Fourth Quarter 2016 in New York City.<\/p>\n","protected":false},"author":1269,"featured_media":1004164886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,10,37789,37790],"tags":[],"class_list":["post-1004164907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-northeast","category-rc-office-nyc-spotlight","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"\nTop 10 NYC Commercial Property Sales - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 NYC Commercial Property Sales\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the top 10 sales in commercial real estate for Fourth Quarter 2016 in New York City.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-23T17:47:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T12:00:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/217_PropertyShark.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Top 10 NYC Commercial Property Sales\",\"datePublished\":\"2017-01-23T17:47:39+00:00\",\"dateModified\":\"2020-05-18T12:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/\"},\"wordCount\":383,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/01\\\/217_PropertyShark.png\",\"articleSection\":[\"New York\",\"Northeast\",\"Office (NYC Spotlight)\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-10-nyc-commercial-property-sales-recorded-in-fourth-quarter-2016\\\/\",\"name\":\"Top 10 NYC Commercial Property Sales - 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