{"id":1004768893,"date":"2025-08-28T05:10:29","date_gmt":"2025-08-28T13:10:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004768893"},"modified":"2025-08-26T11:50:18","modified_gmt":"2025-08-26T19:50:18","slug":"top-5-nyc-office-building-sales-july-2025","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-july-2025\/","title":{"rendered":"Top 5 NYC Office Building Sales\u2014July 2025"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a3ca6a4d91dc&quot;}\" data-wp-interactive=\"core\/image\" class=\"aligncenter size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"266\" data-attachment-id=\"1004769766\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-july-2025\/0925_cpe_ps_office\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.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=\"0925_CPE_PS_office\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.jpg\" alt=\"A chart of the top 5 NYC office building sales of 2025z\" class=\"wp-image-1004769766\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/0925_CPE_PS_office.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><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=43770\" target=\"_blank\" rel=\"noreferrer noopener\">558 Grand Concourse, Bronx<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $44 million<\/p>\n\n\n\n<p>Madd Equities has purchased the 175,316-square-foot historic office property in the borough\u2019s Concourse neighborhood from Bristol Group. Additionally, the buyer landed $31 million in acquisition funds from Libremax Capital.<\/p>\n\n\n\n<p>The four-story building dates back to 1937 and was last upgraded in 2019. It includes 58,475 square feet of retail space and 9,685 square feet in unused air rights. The property last changed hands in 2014 for $19 million, when Bristol Group, in partnership with Youngwoo &amp; Associates, intended to turn the former Art Deco post office property into a mixed-use building with a food hall with office, retail and tech space. The property was listed for sale for $75 million last year, according to <em><a href=\"https:\/\/www.crainsnewyork.com\/real-estate\/historic-bronx-post-office-sold-affordable-housing-developer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crain\u2019s New York Business<\/a>.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=32315\" target=\"_blank\" rel=\"noreferrer noopener\">2710 Broadway, Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $13 million<\/p>\n\n\n\n<p>An entity affiliated with Prana Investments sold the 14,700-square-foot office building in Manhattan Valley to New Jersey-based United Square Links Inc. The buyer secured nearly $10 million in acquisition funds through one gap mortgage and a consolidation agreement from Bank of Hope.<\/p>\n\n\n\n<p>The three-story building dates back to 1930 and includes 21,991 square feet in unused air rights. It served as a Horn &amp; Hardart cafeteria until 1953 and as a CityMD location for more than a decade, according to <em><a href=\"https:\/\/www.bizjournals.com\/newyork\/news\/2025\/07\/24\/horn-hardart-automat-building-2710-broadway-nyc.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">New York Business Journal<\/a><\/em>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=10937\" target=\"_blank\" rel=\"noreferrer noopener\">350-352 W. 38th St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $11 million<\/p>\n\n\n\n<p>An entity affiliated with Brooklyn-based LC Management has purchased the 29,628-square-foot office building from Lai Enterprises. The buyer also secured an $8.3 million acquisition loan from Broadview Capital&nbsp;and a $14.2 million construction loan from the same lender. It is unclear whether the property will be demolished or renovated as no building permits have yet been filed.<\/p>\n\n\n\n<p>The six-story building dates back to 1910 and features 9,000 square feet of retail space, 19,752 square feet of unused air rights.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=381181\" target=\"_blank\" rel=\"noreferrer noopener\">38-01 Queens Blvd., Queens<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $10 million<\/p>\n\n\n\n<p>A private investor picked up the 152,415-square-foot property in Long Island City, N.Y., from an entity affiliated with Curbcut Urban Partners. The building raises 12 stories and was completed in 2017.<\/p>\n\n\n\n<p>The property previously traded in 2015 for $12.1 million, when Curbcut Urban Partners intended to build a new property on the site, borrowing $6.2 million last year from Provident Bank. However, it is not clear what will happen with the property and if the new ownership plans to continue the stalled development.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=22309\" target=\"_blank\" rel=\"noreferrer noopener\">34 E. 67th St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $7.5 million<\/p>\n\n\n\n<p>The 7,734-square-foot office property in the borough\u2019s Lenox Hill area changed ownership between two private entities. The building dates back to 1910 and rises five stories. It includes 400 square feet of retail space, 1,550 square feet of garage and storage space and is currently occupied by Kapoor Galleries, Manhattan Audio and PermaLine Cosmetics.<\/p>\n\n\n\n<p><br>\u2014Posted on August 28, 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark collected the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":2991,"featured_media":1004769770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37753,37756,1600,21742,10,37789],"tags":[52395],"class_list":["post-1004768893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-center-finance","category-rc-investment","category-new-york","category-latest","category-northeast","category-rc-office-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 Office Building Sales\u2014July 2025 - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"These are New York City&#039;s top five largest deals for the office sector, rounded up monthly by PropertyShark. 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