There were 158 transactions, totaling $252 million, recorded in New York City on Monday, Aug. 25, 2025.
🏆 Residential: The top home sale recorded in New York was in the Flatiron District. James and Sally Ratigan sold a condominium at 63 West 17th Street for $7.8 million. The buyers were attorney Peter Sluka and Yixiao Feng. The price for the more than 4,100-square-foot, split-level unit works out to about $1,900 per square foot. The condo has six bedrooms and two terraces measuring a combined 1,500 square feet. It had been on and off the market since 2022, when its asking price was $11.5 million, but its most recent asking price was just under $9 million. Compass’ Michael Keith Davis and Suzanne Johansson-Cawley had the listing. The Ratigans had paid $5.9 million for the home in 2021.
🏆 Commercial: The city’s top recorded commercial deal was near Times Square. An investor’s purchase of the six-story retail portion of 229 West 43rd Street for just under $28 million hit records. The property had been home to Gulliver’s Gate and National Geographic before the pandemic. It once belonged to the Kushners, who lost the property to foreclosure last year after paying $295 million for the space a decade ago. The buyer took over the property from the lender and plans to redevelop the property, which is about 35 percent occupied. CBRE’s Jack Stillwagon and Vice Chairman Doug Middleton brokered the deal, and BayBridge Real Estate Capital’s Jay Miller and AJ Felberbaum advised the buyer.
📊 Commercial: A deal for the stalled and struggling development site at 1548 Bedford Avenue in Crown Heights closed, trading for $10.1 million. The seller was Yoel Goldman’s All Year Management, who had planned to build a 100-key hotel there. The buyer was Avi Fisher’s Avery Hall, who secured a $10 million mortgage from Maxim Credit Group for the deal. Goldman, who paid $7 million for the location in 2014, put the entity that owned the site into bankruptcy earlier this year, valuing the asset at $14 million.
📊 Residential: A trust tied to Alberto Goldberger, a Bloomberg executive, scooped up a sponsor unit at 200 East 20th Street, developed by Tidhar Group, for $7 million. The Gramercy Park penthouse measures nearly 2,500 square feet. The deal pencils out to about $2,800 per square foot. Douglas Elliman’s Elena Sarkissian and Jane Powers had the listing, which went live in June at $7.2 million.
📊 Residential: In Park Slope, a townhouse changed hands for $5.7 million. The buyers of 647 Baltic Street were Sina Kian, an executive at a blockchain startup, and Yaira Dubin, assistant to the solicitor general. The seller was an LLC managed by Meir Shaul, who purchased the property in 2021 for $1.3 million. THe home has a private garage, five bedrooms, four and a half bathrooms and a landscaped garden. It went up for sale in January for just under $6.8 million. Serhant’s Mallory Bogard and Brandon Bogard represented the seller, and Compass’ Aaron Mazor brought the buyers.
📊 Residential: Musician Jamie Meline, who goes by the stage name El-P and is part of the rap duo Run the Jewels, parted with a townhouse at 18 Verandah Place in Cobble Hill for $5.6 million. The buyer was a trust tied to Emily Wilson. The 3,100-square-foot residence, a 28-foot-wide carriage house, has four bedrooms and was put on the market for $6 million in April. Corcoran’s Kyle Talbott and Karen Talbott had the listing.
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