Top 5 Office Building Sales

PropertyShark compiled the top 5 sales in office recorded in March 2019 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 9 W. 54th St., Manhattan
    9 W. 54th St., Manhattan

    Sale Price: $55,000,000

Situated on a 5,020-square-foot lot in Central Midtown, this property offers convenient access to the E and M subway lines at the corner of Fifth Avenue and 53rd Street. Built in 1945 and last altered in 1981, the five-story building comprises 24,449 square feet.

  1. 10 W. 55th St., Manhattan
    Sale Price: $20,000,000

Featuring 6,900 square feet of office and 2,300 square feet of retail space, this asset was built in 1930. The four-story building is located in Central Midtown on a 2,312-square-foot lot. Housing four commercial units, the property was purchased along with 9 W. 54th St. (mentioned above) by Skyline Developers. The seller, DLK Real Estate Capital Partners, was advised by Kramer Levin. Nearby transportation options include the E and M subway lines at the corner of Fifth Avenue and 53rd Street, as well as several bus routes at the intersection of Fifth Avenue and 55th Street.

  1. 538 W. 29th St., Manhattan
    Sale Price: $11,000,000

Built in 1910 and last altered in 1987, this three-story building features three commercial units and one residential unit. Totaling 7,380 square feet, the property sits on a 2,498-square-foot lot in Chelsea. Home to tenants including Skylight Gallery and International Counter Trrsm, the asset is within close proximity to the 7 subway line at Hudson Boulevard East between 33rd and 34th Streets.

  1. 210 E. 49th St., Manhattan
    Sale Price: $6,900,000

Housing three commercial units totaling 5,184 square feet of office and 576 square feet of storage space, the property sits on a 1,750-square-foot lot in Turtle Bay. The asset offers nearby access to the E, M and 6 subway lines at the corner of Lexington Avenue and 51st Street.

  1. 54-15 48th St., Queens
    Sale Price: $4,250,000

Located in the Maspeth neighborhood of Queens, this one-story property was built in 1987. Situated on a 10,000-square-foot lot, the asset comprises 9,500 square feet. The building offers one commercial unit featuring 8,500 square feet of office and 1,000 square feet of factory space. Nearby transportation options include the 7 subway line at the corner of 47th Street and Queens Boulevard.