Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in August 2019 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 218 Clarkson Ave., Brooklyn
    218 Clarkson Ave., Brooklyn

    Sale Price: $20,500,000

Comprising 43,200 square feet, the 1927-built property was last altered in 2012. The asset features two commercial units across two stories, situated on a 27,000-square-foot lot in Flatbush. The building was last home to a Dollar Tree in 2016. Nearby transportation options include the 2 and 5 subway lines at the corner of Nostrand and Parkside Avenues, as well as the B12 bus route at the intersection of Clarkson and Rogers Avenues.

  1. 43 W. 64th St. #COMM1, Manhattan
    Sale Price: $14,500,000

Sold along with 43 W. 64th St. #COMM2, this retail space is located within The Liberty Loft, a 12-story building in Lincoln Square. The property was constructed in 1911 and last altered in 2003. The 1 subway line can be reached at the intersection of Broadway and 66th Street, as well as the M66 bus route at the corner of 65th Street and Columbus Avenue. It offers 100,177 square feet of space—including 34 residential units totaling 87,240 square feet—and 34 commercial units of storage and other space totaling 12,937 square feet.

  1. 44-15 College Point Blvd., Queens
    Sale Price: $13,600,000

Home to Kanes Diner in downtown Flushing since 2000, this asset is situated on a 9,480-square-foot lot. The stand-alone property was built in 1955 and comprises 1,640 square feet. The nearest subway station is the 7, situated at the corner of Main Street and Roosevelt Avenue, whereas the Q58 bus can be reached at the intersection of College Point Boulevard and Maple Avenue.

  1. 1101 Ave. U, Brooklyn
    Sale Price: $7,500,000

Featuring 14 commercial units totaling 19,500 square feet, this property was completed in 1928. Nearby transportation options to the two-story building include the B and Q subway lines at the corner of 15th Street and Avenue U, as well as the B68 bus route at the intersection of Coney Island Avenue and Avenue U. Situated on a 7,650-square-foot lot in Homecrest, the asset includes 6,500 square feet of retail, 1,000 square feet of office  space, 5,500 square feet of storage space and an additional 6,500 square feet for other uses.

  1. 280 Utica Ave., Brooklyn
    Sale Price: $7,325,000

Located in Crown Heights, this three-story building was constructed in 1925 and last upgraded in 2008. Totaling 10,800 square feet, the property features 11 commercial units comprising 1,440 square feet of office, 5,760 square feet of retail and 3,600 square feet of additional space for use. Home to Utica Candy & Smoke Shop, the asset is situated within close proximity to the 3 and 4 subway lines, as well as the B14 bus route at the intersection of Utica Avenue and Eastern Parkway.