Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in December 2018 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 712 Madison Ave., Manhattan
    712 Madison Ave., Manhattan

    Sale Price: $32,179,837

Located in the neighborhood of Lenox Hill, this five-story building is estimated to have been built in 1900, and last renovated in 1980. Housing two commercial units, the property comprises 3,480 square feet of retail and 2,000 square feet of office space on a 1,400-square-foot lot. According to Connect New York, this asset is the location of Jewelry Designer David Yurman’s flagship store. In the second half of 2019, the retailer is scheduled to move to a new space at 5 E. 57th St., closing this one. Nearby transportation options include the N/Q/R subway lines at the corner of Fifth Avenue and 60th Street, as well as the M2, M3 and M4 bus routes at the intersection of Madison Avenue and East 63rd Street.

  1. 145-149 Bowery, Manhattan
    Sale Price: $27,850,000

Home to Go Green Organic Spa & Shop, this property is within close proximity to the B/D subway lines at the corner of Chrystie and Grand Streets, on the Lower East Side. The building was constructed in 1880 and comprises 2,788 square feet of retail, 2,788 square feet of office and 2,788 square feet of residential, split across five stories.

  1. 169 W. 95th St. #CU2, Manhattan
    Sale Price: $19,000,000

This retail space is located at the ground floor of a 28-story apartment building in the Upper West Side. Nearby transportation options include the 1/2/3 subway lines at the corner of Broadway and 95th Street, as well as the M106 and M96 bus routes at the intersection of West 96th Street and Amsterdam Avenue.

  1. 136-16 Roosevelt Ave., Queens
    Sale Price: $13,500,000

This one-story retail building was built in 1931 on a 3,125-square-foot lot. Located in Downtown Flushing, the nearest subway station is the 7 at the corner of Main Street and Roosevelt Avenue. T-Mobile is the sole occupant of the property. 

  1. 650-666 86th St., Brooklyn
    Sale Price: $12,250,000

Home to Nathan’s Famous hot dog restaurant, this property in Bay Ridge features 2,856 square feet across one story. Built in 1952, the asset was last updated in 1987. Nearby transportation includes the B1, X28 and X38 bus routes at the corner of 86th Street and Seventh Avenue, as well as the R subway line at the intersection of Fourth Avenue and 86th Street.