Overall, there were 175 deals, totaling about $355 million, recorded in New York City on Tuesday, Aug. 7.
🏆 Residential: The top residential sale recorded in New York City was for a $20 million townhouse in the West Village. The three-story property at 230 West 11th Street traded between two LLCs that hide the identities of the true parties in the transaction. The 25-foot-wide Italianate townhouse dates to 1860 and has three wood-burning fireplaces and a terrace. It has been fully gutted, according to a Douglas Elliman listing.
🏆 Commercial: The priciest commercial transaction recorded in the Big Apple was for $86 million in Downtown Brooklyn. A Savanna affiliate transferred all of its interest in an office building at 141 Willoughby Street, along with a neighboring parcel at 383 Gold Street, to Capstone Equities, which had initiated a foreclosure action against the property in June. The Class A office building stands 24 stories tall; Savanna completed construction on the property in 2022.
📊 Residential: Carlos Saavedra and Nicole Eckstrom’s Eckstrom parted with a newly renovated, move-in-ready brownstone at 51 Tompkins Place in Cobble Hill for $11.5 million — more than 134 percent more than its last trade price just two years ago. The buyer was an LLC. Brooklyn-based Eckstrom paid $4.9 million for the single-family home in 2023. The three-story property was built in 1899 and went on the market in April for $11.9 million. Saavedra and Jorge Murillo with Park Property Advisors listed the townhouse, and Douglas Elliman’s Lindsay Barton Barrett brought the buyer.
📊 Residential: Also in Cobble Hill, a townhouse at 219 Kane Street with an attached garage was snapped up for $9.3 million. The sellers were Christopher and Kimberly Browne, and the buyers were Helga Locascio and Marco Locascio, via a trust, and his wife Emily O’Brien. The home had been on and off the market for about a year, when it was first listed for sale in June 2024 for $11 million, according to Realtor.com. The Brownes had owned the property since 2019, when they purchased it for $6.5 million. The Locascios recently sold a brownstone in Park Slope for $6.5 million.
📊 Commercial: In Sunnyside, a two-story, more than 35,000-square-foot warehouse traded hands for $12 million. The seller of the property at 41-39 39th Street was a company linked to Joshua L. Goldman that had owned the property for decades. The buyers were White Plains, New York-based Oakland Trading Corp. and 4141 Group LLC. The deal works out to roughly $340 per square foot.
📊 Commercial: A company tied to Gregory Spatz picked up a four-story mixed-use property at 385 Greenwich Street in Tribeca from an affiliate of Randal Gindi and Zachary Gindi for $8.5 million via a bankruptcy auction that was held in March. The property had been tied to the Gindi family since at least the 1970s, but the LLC that sold the building filed for bankruptcy protection in March, citing a $18.5 million unpaid mortgage on the Greenwich property and another on Nassau Street.
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