{"id":1004220954,"date":"2018-04-18T08:26:03","date_gmt":"2018-04-18T16:26:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004220954"},"modified":"2020-02-25T06:39:32","modified_gmt":"2020-02-25T14:39:32","slug":"top-5-office-building-sales-6","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-office-building-sales-6\/","title":{"rendered":"Top 5 Office Building Sales"},"content":{"rendered":"<div id=\"attachment_1004220240\" style=\"width: 810px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004220240\" data-attachment-id=\"1004220240\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-office-building-sales-6\/518_ps_office\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png\" data-orig-size=\"800,270\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"518_PS_office\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: PropertyShark, a Yardi Systems Inc. company&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png?w=800\" class=\"size-full wp-image-1004220240\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png\" alt=\"\" width=\"800\" height=\"270\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png?resize=300,101 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/518_PS_office.png?resize=768,259 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-1004220240\" class=\"wp-caption-text\">Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n<ol>\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=10038\" target=\"_blank\" rel=\"nofollow\"><strong>75 Ninth St., Manhattan<\/strong><\/a>\n<div id=\"attachment_1004225619\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004225619\" data-attachment-id=\"1004225619\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-office-building-sales-6\/chelsea-market-75-ninth-st-manhattan\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Chelsea Market, 75 Ninth St., Manhattan\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Chelsea Market, 75 Ninth St., Manhattan&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg?w=800\" class=\"wp-image-1004225619 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004225619\" class=\"wp-caption-text\">Chelsea Market, 75 Ninth St., Manhattan<\/p><\/div>\n<p>Sale Price: $2,397,501,899<\/li>\n<\/ol>\n<p>Situated on part of The High Line, the eight-story property dubbed Chelsea Market was purchased by Google. Comprising more than 1.1 million square feet, the market offers 62 commercial units, split up between 986,862 square feet of office and 113,671 square feet of retail space. Built in 1905 and last renovated in 2014, the property is a block long and a block wide, housing more than 35 vendors. The A\/C\/E\/L subway lines are all located near the market at the corner of Eighth Avenue and 15<sup>th<\/sup> Street. Tenants include Anthropologie, Amy\u2019s Bread, Beyond Sushi, Bowery Kitchen, Cork Buzz, Doughnuttery and Mokbar.<\/p>\n<ol start=\"2\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=24028\" target=\"_blank\" rel=\"nofollow\"><strong>306 E. 61<sup>st<\/sup> St., Manhattan<\/strong><\/a><br \/>\nSale Price: $47,000,000<\/li>\n<\/ol>\n<p>Dubbed The Interior Design Building, this 81-square-foot property features seven floors. Built in 1901, the asset underwent cosmetic renovations in 2013. JMC Holdings purchased the building from New York REIT in a transaction subject to a $51 million loan held by Square Mile Capital Management, according to Yardi Matrix. The asset is home to tenants such as Lee Calicchio, Newel, Balsamo, Appel Niall Smith Antiques and Lucca &amp; Co.<\/p>\n<ol start=\"3\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=333523\" target=\"_blank\" rel=\"nofollow\"><strong>2651 E. 14<sup>th<\/sup> St., Brooklyn<\/strong><\/a><br \/>\nSale Price: $5,500,000<\/li>\n<\/ol>\n<p>Home to the New York Artificial Kidney Center, this property offers 8,200 square feet. Constructed in 1927, the building was last altered in 1984. Situated on a 9,797-square-foot lot in Sheepshead Bay, the two-story asset is within close proximity to the B\/Q subway lines and the B4\/B49 bus routes, both at Voorhies Avenue and East 14<sup>th<\/sup> Street.<\/p>\n<ol start=\"4\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=13056\" target=\"_blank\" rel=\"nofollow\"><strong>137 Fifth Ave. #8, Manhattan<\/strong><\/a><br \/>\nSale Price: $3,320,000<\/li>\n<\/ol>\n<p>Purchased by Fawn Realty, the 12-story property features 12 commercial units. Comprising 35,650 square feet of office and 3,000 square feet of retail, the 1902-built asset sits on a 3,265-square-foot lot. Located in the Flatiron District\u2019s Ladies\u2019 Mile Historic District, the building was last altered in 1989 and is within close proximity to the N\/R subway lines and the M1-M3 and M55 bus routes.<\/p>\n<ol start=\"5\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=243112\" target=\"_blank\" rel=\"nofollow\"><strong>4512 Farragut Road, Brooklyn<\/strong><\/a><br \/>\nSale Price: $600,000<\/li>\n<\/ol>\n<p>This one-story office building in East Flatbush was constructed in 1931 and last renovated in 2011. Featuring 10,940 square feet, the property is situated on an 11,000-square-foot lot and is home to Platinum HR Management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark compiled the top 5 sales in office recorded in March 2018 in New York City.<\/p>\n","protected":false},"author":1312,"featured_media":1004225619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,10,37789],"tags":[],"class_list":["post-1004220954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-northeast","category-rc-office-nyc-spotlight"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Top 5 Office Building 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-5-office-building-sales-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 Office Building Sales\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the top 5 sales in office recorded in March 2018 in New York City.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-office-building-sales-6\/\" \/>\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=\"2018-04-18T16:26:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-25T14:39:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editorial Staff of CPE\/MHN\" \/>\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-5-office-building-sales-6\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-office-building-sales-6\\\/\"},\"author\":{\"name\":\"the Editorial Staff of CPE\\\/MHN\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c3141425d7080d1ea3fd5b8beb15aecb\"},\"headline\":\"Top 5 Office Building Sales\",\"datePublished\":\"2018-04-18T16:26:03+00:00\",\"dateModified\":\"2020-02-25T14:39:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-office-building-sales-6\\\/\"},\"wordCount\":372,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-office-building-sales-6\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/04\\\/Chelsea-Market-75-Ninth-St.-Manhattan.jpg\",\"articleSection\":[\"New York\",\"Northeast\",\"Office (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-office-building-sales-6\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-office-building-sales-6\\\/\",\"name\":\"Top 5 Office Building Sales - 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