Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in May 2019 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 35-46 Junction Blvd., Queens
    35-46 Junction Blvd., Queens

    Sale Price: $25,000,000

Sold along with 35-66 Junction Blvd., this one-story retail building was last leased to HSBC Bank. Nearby transportation options include the 7 subway line at the intersection of Junction Boulevard and Roosevelt Avenue, or the Q72 bus route at the corner of Junction Boulevard and 37th Avenue. The property comprises 10,247 square feet split amongst two commercial units: 2,970 square feet of office and 7,277 square feet of retail. The asset is situated on a 14,845-square-foot lot in Jackson Heights.

  1. 1122 Madison Ave., Manhattan
    Sale Price: $22,500,000

Sandwiched between two larger office properties, this asset features 4,200 square feet of retail space across two levels. Located in the neighborhood of Carnegie Hill, the building is within close proximity to the 4, 5 and 6 subway lines at the corner of Lexington Avenue and 86th Street. Situated on a 2,258-square-foot lot, the asset is estimated to have been constructed in 1920.

  1. 96-33 Queens Blvd., Queens
    Sale Price: $13,000,000

Home to bakery café Paris Baguette, this one-story property built in 1946 features four commercial units. The Rego Park-situated building totals 8,763 square feet and is located within walking distance to the M and R subway lines at the corner of 63rd Drive and Queens Boulevard.

  1. 24 E. 84th St., Manhattan
    Sale Price: $10,000,000

Leased by Bernard & S. Deal Levy Inc., an antique art gallery, this Carnegie Hill location provides access to the 4, 5 and 6 subway lines at the corner of Lexington Avenue and 86th Street, less than half a mile away. The building comprises 4,400 square feet across a 1,142-square-foot lot. The five-story property is estimated to have been built in 1930 and was last upgraded in 1987.

  1. 1183-1187 Flatbush Ave., Brooklyn
    Sale Price: $6,350,000

Sold in conjunction with 1189 Flatbush Ave., this one-story building in Flatbush is fully leased to Dollar Tree. The asset is estimated to have been built in 1933 and is situated closest to the 2 and 5 subway lines, which can be found at the intersection of Nostrand Avenue and Avenue D, as well as the B41 bus route at the corner of Flatbush Avenue and Avenue D. The one-story property comprises 6,890 square feet located on an 11,695-square-foot lot.