{"id":1004740891,"date":"2024-12-27T01:00:00","date_gmt":"2024-12-27T09:00:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004740891"},"modified":"2024-12-23T03:59:55","modified_gmt":"2024-12-23T11:59:55","slug":"top-5-nyc-retail-building-sales-november-2024","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-retail-building-sales-november-2024\/","title":{"rendered":"Top 5 NYC Retail Building Sales\u2014November 2024"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"266\" data-attachment-id=\"1004740893\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-retail-building-sales-november-2024\/0125_cpe_ps_retail\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_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=\"0125_CPE_PS_retail\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg\" alt=\"New York City's top retail sales from November 2024\" class=\"wp-image-1004740893\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/0125_CPE_PS_retail.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">Source: PropertyShark, a Yardi Systems Company<\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=6086\">102 Greene St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $46 million<\/p>\n\n\n\n<p>RFR Holding has sold the 10,139-square-foot retail building in Manhattan\u2019s SoHo neighborhood to Japan-based Arkray Inc. The four-story building dates to 1910 and is currently occupied by the luxury brand Cartier, which upgraded the interiors in collaboration with Paris-based architectural firm Studioparisien. The property last changed hands in 2022, when RFR Holding paid $31.5 million. The seller was TA Realty.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=184775\">111 N. 6th St., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $35 million<\/p>\n\n\n\n<p>Empire State Realty Trust purchased the 7,684-square-foot retail building in the borough\u2019s Williamsburg neighborhood from L3 Capital. The property is a three-building, single-story complex that dates back to 1945 and is now part of the new ownership\u2019s collection of prime retail buildings on N. 6th Street. The building also includes a second-floor terrace and will be the future home of Herm\u00e8s, according to Empire State Realty Trust\u2019s website.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=12811\">72 W. 36th St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $30 million<\/p>\n\n\n\n<p>A private individual working on behalf of George Schwartz estate sold the 16,000-square-foot, three-building retail complex in Koreatown to Houston-based Landry\u2019s Inc. The property originally came online in 1915 and includes a five-story building and a total of 2,760 square feet of office space. It is occupied by Keens Steakhouse, which used it as a longtime location in Midtown Manhattan. The new ownership, Landry\u2019s Inc., is a hospitality brand owned by Tilman Fertitta, the Texas billionaire who owns the Houston Rockets.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=5310\">19-23 St. Marks Place, Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $27.5 million<\/p>\n\n\n\n<p>UBS Realty Investors has sold the retail property in Manhattan\u2019s East Village neighborhood to Lawrence Movtady\u2019s MOVCAP. The 15,851-square-foot building dates back to 1920 and was the former home of Andy Warhol\u2019s Electric Circus nightclub, that operated between 1967 and 1971. The seven-story structure previously changed hands in 2020 for $35 million, when UBS picked it up from Cape Advisors. The new ownership plans to touch up the asset and to continue to operate the multifamily component of the property, comprising 41 rental units, according to <em>Crain\u2019s New York Business<\/em>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=184776\">109 N. 6th St., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $18.9 million <\/p>\n\n\n\n<p>Acadia Realty Trust has purchased the 8,322-square-foot retail property in Williamsburg from MARK Capital. The two-story building came online in 1910 and was last upgraded in 2018. The asset includes 5,522 square feet of retail space, 2,800 square feet of storage area and is currently fully occupied by the apparel company Madewell.<\/p>\n\n\n\n<p>\u2014Posted on December 27, 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark collected the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004740894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1600,21742,10,21749,37790],"tags":[52395],"class_list":["post-1004740891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-new-york","category-latest","category-northeast","category-retail","category-rc-retail-nyc-spotlight","tag-propertyshark"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 5 NYC Retail Building Sales\u2014November 2024 - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"PropertyShark collects New York City&#039;s top retail deals every month. 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