Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in September 2019 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company
  1. 3860-3880 Nostrand Ave., Brooklyn

    3860-3880 Nostrand Ave., Brooklyn
    Sale Price: $27,650,000

This two-story property features 45,136 square feet of retail and 21,360 square feet of office space across 41 commercial units. Current tenants include ABC Spa-Asian Massage, Cactus Restaurant, Chase Bank, Complete Radiology PC and Energy Juices & Glow. Transportation options include the B and Q subway lines at the corner of 15th Street and Sheepshead Bay Road or the B44 bus line at the intersection of Nostrand Avenue and Avenue Y. The asset was developed in 1959 and last altered in 2012.

  1. 20 E. 35th St. #COMA, Manhattan
    Sale Price: $16,800,000

Situated in Murray Hill, this retail space forms part of a multifamily property called Goodhue House, according to StreetEasy. The building is a prewar co-op built in 1937. The asset features 166 apartments across 16 floors. Nearby transportation includes the 6 subway line at the corner of Park Avenue and 33rd Street and the M1 bus route at the intersection of Madison Avenue and 34th Street. The building features 177,166 square feet of residential, 18,034 square feet of retail and 5,000 square feet of office space.

  1. 250 W. 23rd St., Manhattan
    Sale Price: $14,500,000

Leased by Apple Bank, the Chelsea-based property was built in 1948 and last upgraded in 1973. Neighboring transportation options include the C/E subway line or the M23+ bus at Eighth Avenue and 23rd Street. Situated on a 4,938-square-foot lot, the building comprises 15,716 square feet for one commercial unit standing three stories.

  1. 71 Smith St. #COMM1, Brooklyn
    Sale Price: $14,000,000

Sold along with 71 Smith St. #COMM2 and 140 Schermerhorn St. #COMM3, this retail space is located in The Boerum, a condominium building in Boerum Hill. The asset comprises 188,675 square feet of residential and 17,514 square feet of retail space. The space is leased to F45 Boerum Hill, a fitness studio. Nearby transportation includes the A/C and G subway lines at Hoyt and Schermerhorn Streets or the B45 bus at Livingston and Smith Streets.

  1. 97-99 Seventh Ave. S., Manhattan
    Sale Price: $11,000,000

Home to the Boucherie West Village French restaurant, this building offers 2,817 square feet across one story. The asset was built in 1920 and last upgraded in 1960. The property is situated closest to the 1 subway line at the corner of Seventh Avenue South and Fourth Street, as well as the M8 bus at Christopher Street and Seventh Avenue South. The building is located in the neighborhood of Greenwich Village.