There were about 202 deals recorded, totaling about $269 million, in New York City on June 11.
🏆 Residential: The top residential sale recorded was in Lincoln Square. A sponsor unit at ultraluxury tower 50 West 66th Street, developed by Gary Barnett’s Extell Development Company, sold to a trust for $11.2 million, or roughly $2,900 per square foot. Corcoran’s Beth Benalloul and Hilary Landis are leading sales at the development.
🏆 Commercial: St. John’s University had the top commercial real estate deal recorded in the Big Apple, with its sale of an office property at 175-05 Horace Harding Expressway in Fresh Meadows for $12.3 million. The buyer was a company linked to developer Rachel Foster’s Heights Advisors, which filed a zoning map amendment in order to change the site into a 330,000-square-foot, mixed-use property with 324 apartments.
📊 Residential: Tech and finance executive Barrie Sardoff Roman parted with a condominium unit at 25 Bond Street in Noho. Buyer Jonathan Harel-Cohen, an Israeli investor, paid $11.2 million for the unit, about 30 percent less than Roman’s 2016 purchase price. Roman listed the 3,700-square-foot pad in March for just under $11 million. Compass’ Nick Gavin, Kimberly Pressman and Ugo Russino had the listing.
📊 Residential: Janet Yaseen, a jewelry designer and ex-wife of financier Roger Yaseen, sold a co-op steps from Central Park at 812 Fifth Avenue in Lenox Hill for $6.5 million — almost half its initial list price — to Goldman Sachs executive Todd Van Stolk-Riley. The maisonette unit has 4,500 square feet of interior space and a more than 1,400-square-foot garden. Yassen put the unit on the market with Corcoran’s Bonnie Hut Yaseen in February 2023 for just under $12 million.
📊 Commercial: On the Upper West Side, two adjacent five-story walkups traded hands for $9 million. A Japanese firm, Tokyo-based Thirdwave Corporation, picked up the properties at 248 and 250 West 102nd Street from seller 250 Associates, L.P., tied to Ronald Cherney. The L.P. had owned the buildings for decades.
📊 Commercial: An entity linked to Chicago-based L3 Capital offloaded a development site it had owned for about a decade at 204-206 Bedford Avenue in North Williamsburg for $8.5 million. L3 was a mezzanine lender on the property but took over majority ownership in 2021 from RedSky Capital. The new owner is a company tied to developer Shai Iluz. L3 had planned to build a two-story, mixed-use building on the site. RedSky bought the location for $19 million in 2014.
📊 Commercial: A five-story walk-up at 449 West 22nd Street in Chelsea sold for $6.3 million. The buyer was Osaka-based company General Co., which makes printer products. The seller 158 Eastman LLC, affiliated with Richard Brand, bought the property 20 years ago along with its neighbor, 447 West 22nd Street, for about $6.3 million.
