{"id":1004688058,"date":"2023-10-31T04:51:00","date_gmt":"2023-10-31T12:51:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004688058"},"modified":"2024-01-12T04:52:24","modified_gmt":"2024-01-12T12:52:24","slug":"top-5-nyc-retail-building-salesseptember-2023","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-retail-building-salesseptember-2023\/","title":{"rendered":"Top 5 NYC Retail Building Sales\u2014September 2023"},"content":{"rendered":"<div id=\"attachment_1004688059\" style=\"width: 810px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004688059\" data-attachment-id=\"1004688059\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-retail-building-salesseptember-2023\/1123_cpe_ps_retail\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg\" data-orig-size=\"800,266\" 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=\"1123_CPE_PS_retail\" data-image-description=\"&lt;p&gt;Source: PropertyShark, a Yardi Systems Inc. company&lt;\/p&gt;\n\" 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\/2023\/10\/1123_CPE_PS_retail.jpg?w=800\" class=\"size-full wp-image-1004688059\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg\" alt=\"Source: PropertyShark, a Yardi Systems Inc. company\" width=\"800\" height=\"266\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-1004688059\" class=\"wp-caption-text\">Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=925416\">445 Fifth Ave. #COMM A, Manhattan<\/a><\/li>\n<\/ol>\n\n\n\n<p>Sale Price: $40,000,000<\/p>\n\n\n\n<p>Torchlight Investors obtained the 2,642-square-foot retail unit along with the <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=678393\">445 Fifth Ave. #COMM B<\/a> retail unit totaling 5,157 square feet and the <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=925417#section_units\">445 Fifth Ave. #COMM C<\/a> retail unit totaling 9,100 square feet from Harbor Group International. The completed deal comes in the aftermath of the buyer acquiring a $40 million loan from CIBC in early 2021 and initiating foreclosure action. The 1986-built condominium also includes 174 residential units as well as office space.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=12136\">110 W. 32nd St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $37,000,000<\/p>\n\n\n\n<p>RJF Reality sold the predominantly retail building totaling 102,145 square feet in the Chelsea neighborhood to media company MediaWill. To finance the purchase of the eight-story building the buyer turned to Alma Bank, which provided a $22 million mortgage. The 1920-built property includes 34,173 square feet of office space as well as 61,806 square feet of retail space.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=184888\">80 N. Sixth St., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $24,000,000<\/p>\n\n\n\n<p>A private investor acquired the 8,000-square-foot building in Williamsburg. The Alphadyne Foundation provided a $2 million loan for the purchase of the predominantly retail building. The two-story property was built in 1910, renovated in 2014 and includes 2,000 square feet of retail space, while 6,000 square of space is set aside for other uses.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=141260601\">414 W. Broadway #NRU, Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $13,200,000<\/p>\n\n\n\n<p>Valroge Corp. sold the retail unit totaling 2,982 square feet along with the <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=141260603\">414 W. Broadway #UU<\/a> retail unit totaling 10,868 square feet in SoHo. RYCO Capital acquired the condominium units with the help of a $9.3 million loan originated by Derby Copland Capital. The four-story building also includes a 2,980-square-foot retail unit, which last traded in 2016 for $8.5 million.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=134345\">5105-5111 Fifth Ave., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $10,400,000<\/p>\n\n\n\n<p>A private investor sold the three-story retail building totaling 21,600 square feet in Sunset Park. The property last traded two decades ago, when it fetched $1.8 million. Nearby transportation options include the R subway line at the northwest corner of Fourth Avenue and 52nd Street as well as the B63 bus line at Fifth Avenue and 52nd Street.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark collected the top deals of the month for the sector.<\/p>\n","protected":false},"author":1763,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,10,37790],"tags":[],"class_list":["post-1004688058","post","type-post","status-publish","format-standard","hentry","category-new-york","category-northeast","category-rc-retail-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 NYC Retail Building Sales\u2014September 2023 - 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-nyc-retail-building-salesseptember-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 NYC Retail Building Sales\u2014September 2023\" \/>\n<meta property=\"og:description\" content=\"PropertyShark collected the top deals of the month for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-retail-building-salesseptember-2023\/\" \/>\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=\"2023-10-31T12:51:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-12T12:52:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/1123_CPE_PS_retail.jpg\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\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-nyc-retail-building-salesseptember-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-retail-building-salesseptember-2023\\\/\"},\"author\":{\"name\":\"Agota Felhazi\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"headline\":\"Top 5 NYC Retail Building Sales\u2014September 2023\",\"datePublished\":\"2023-10-31T12:51:00+00:00\",\"dateModified\":\"2024-01-12T12:52:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-retail-building-salesseptember-2023\\\/\"},\"wordCount\":333,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-retail-building-salesseptember-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/10\\\/1123_CPE_PS_retail.jpg\",\"articleSection\":[\"New York\",\"Northeast\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-retail-building-salesseptember-2023\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-retail-building-salesseptember-2023\\\/\",\"name\":\"Top 5 NYC Retail Building Sales\u2014September 2023 - 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