{"id":1004781305,"date":"2025-12-29T03:42:59","date_gmt":"2025-12-29T11:42:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004781305"},"modified":"2025-12-30T06:36:54","modified_gmt":"2025-12-30T14:36:54","slug":"top-5-nyc-office-building-sales-november-2025","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-november-2025\/","title":{"rendered":"Top 5 NYC Office Building Sales\u2014November 2025"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a237a5861b9f&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=\"1004781695\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-november-2025\/0126_cpe_ps_office\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/0126_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=\"0126_CPE_PS_office\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/0126_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\/12\/0126_CPE_PS_office.jpg\" alt=\"A chart of NYC's top office building sales of 2025\" class=\"wp-image-1004781695\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/0126_CPE_PS_office.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/0126_CPE_PS_office.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/0126_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=20737\" target=\"_blank\" rel=\"noreferrer noopener\">346 Madison Ave., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $85 million<\/p>\n\n\n\n<p>SL Green Realty has acquired the 140,280-square-foot Central Midtown property from an entity affiliated with Italian businessman Claudio Del Vecchio\u2019s Catalyst Brands. The buyer also secured a note totaling $50 million, originated by Wells Fargo Bank, and backed by the office property and another adjacent one.<\/p>\n\n\n\n<p>The 11-story building dates back to 1915 and includes 48,525 square feet of retail space. It sold at a 38.2 percent discount when compared to the last time it changed ownership. Back in 2007, the property traded for $137.5 million.<\/p>\n\n\n\n<p>SL Green Realty\u2019s plans for the acquisition were unveiled in September, when the company entered into a contract to purchase two properties for $160 million, in a transaction brokered by JLL.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=20736\" target=\"_blank\" rel=\"noreferrer noopener\">11 E. 44th St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $75 million<\/p>\n\n\n\n<p>SL Green paid $75 million for the adjacent property at 11 E. 44th St., a 110,999-square-foot 18-story building. This is the adjacent property included in the sale and purchase agreement and it traded from the same seller.<\/p>\n\n\n\n<p>For context, SL Green got a 45.5 percent discount for this asset. The previous time it changed hands was in 2019, when Catalyst Brands paid 105.8 million for it.<\/p>\n\n\n\n<p>Back in September, SL Green stated its intention for combining the duo as part of a major redevelopment plan, calling for a new 41-story office tower with more than 800,000 square feet. Set to rise 643 feet, the project will be dubbed as 44+Madison, with Delv Holdings as Developer.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=20773\">5 E. 47th St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $9.4 million<\/p>\n\n\n\n<p>Walter Samuels has sold the 14,025-square-foot building to Liberty Bagels. The buyer secured approximately $8.3 million in acquisition financing from Cross River Bank.<\/p>\n\n\n\n<p>The property has been marketed for sale for about a year and sold vacant, in a deal closed by Meridian Capital Group.<\/p>\n\n\n\n<p>Dating back to 1920, the seven-story property also includes 16,089 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=696786\" target=\"_blank\" rel=\"noreferrer noopener\">418 E. 71st St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $7.5 million<\/p>\n\n\n\n<p>A private entity has acquired the 12,100-square-foot office building in Lenox Hill from a private seller. The buyer secured a $4.3 million acquisition loan from Golden Bridge Funding.<\/p>\n\n\n\n<p>The property is housing parts of the medical facilities of Weill Cornell Medical College, which has its medical center nearby and is using the building as part of its Upper East Side footprint. The building rises seven stories, dates back to1910 and includes 3,012 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=972967\" target=\"_blank\" rel=\"noreferrer noopener\">255-17 Northern Blvd., Queens<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $3 million<\/p>\n\n\n\n<p>A private buyer picked up the 5,000-square-foot office property in Little Beck, N.Y., from a private entity. The new ownership also secured a $1.6 million loan from Maspeth Federal Savings.<\/p>\n\n\n\n<p>The building dates back to 1963, rises two stories and is occupied by a mix of medical practices, including Queens Dental Smile and North Shore Oriental Healthcare Center.<\/p>\n\n\n\n<p>\u2014Posted on December 29, 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are the top deals for the office sector in New York City, rounded up monthly by PropertyShark.<\/p>\n","protected":false},"author":2991,"featured_media":1004781696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37753,37756,1600,10,21747,37789],"tags":[52395],"class_list":["post-1004781305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-center-finance","category-rc-investment","category-new-york","category-northeast","category-office","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\u2014November 2025 - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Here are the top deals for the office sector in New York City, rounded up monthly by PropertyShark. 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