Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in August 2018 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 1231 Third Ave. #1, Manhattan
    1231 Third Ave. #1, Manhattan

    Sale Price: $60,000,000

The retail portion of this four-story building—which is owned by SL Green Realty—is leased to NYSC Lab, Sculptologie and a Sprint store. Previously owned by Thor Equities, the property was purchased in 2013 for $52.5 million and received a new roof deck and retail renovations. The 41,279-square-foot asset offers 15,000 square feet of retail space.

  1. 202 E. 77th St., Manhattan
    Sale Price: $45,621,208

Estimated to have been built in 1930, this two-story property offers a total of 6,130 square feet of retail and storage space. Situated on a 3,065-square-foot lot, the building is located in the Lenox Hill neighborhood and provides convenient access to the 6 subway line located 0.11 miles away at the corner of Lexington Avenue and 77th Street.

  1. 698-700 Madison Ave., Manhattan
    Sale Price: $10,000,000

Last renovated in 2005, this building comprises 13,200 square feet of office, retail and storage space, broken up among six commercial units. The five-story property is located within the Upper East Side Historic District, providing access to the N/Q/R subway lines situated 0.14 miles away at the corner of Fifth Avenue and 60th Street.                                                                                                                              

  1. 92-54 Queens Blvd., Queens
    Sale Price: $9,650,000

Occupied by E-Z Sell Realty, Cigi Bicycle Shop Corp., King House Ariel, Metropolis Bicycles Sales, New Ago Shoe Repair Supply Inc., and Rego Park Deli Grocery, this one-story building in Rego Park was built in 1948 and last renovated in 2004. Totaling 8,400 square feet, the property is situated on a 12,290-square-foot lot. Located 0.12 miles away is access to the M/R subway line at the corner of Horace Harding Expressway and Queens Boulevard.  

  1. 2712 Emmons Ave., Brooklyn
    Sale Price: $7,900,000

Home to the 1,350-square-foot Rocca Café Lounge, the one-story retail building was constructed in 1968 and last renovated in 2004. Situated on a 5,481-square-foot lot in Sheepshead Bay, the property provides convenient access to the B4 bus line at the corner of Emmons Avenue and East 28th Street.