Real Estate

New York Top Real Estate Deals: Friday, Aug. 8, 2025

Overall, there were 192 deals, totaling about $316 million, recorded in New York City on Friday, Aug. 8.

🏆Residential: The top residential sale recorded in New York City was for a condominium unit in Lenox Hill. A full-floor pad at Billionaires’ Row property 520 Park Avenue traded between anonymous LLCs for $22 million, more than 15 percent off its last sale price of $22 million in 2019. Measuring more than 4,600 square feet, the residence’s purchase price works out to nearly $4,800 per square foot. The seller listed the condo for sale in April with Peter Ashe’s Asher Alcobi and Merav Gavrielov for just under $27 million.

🏆Commercial: The priciest commercial transaction recorded in the Big Apple was in College Point. Zano Industries, a trucking company that had filed for Chapter 11 bankruptcy protection last year, parted with a parking facility spanning three parcels at 20-15 130th Street for $20 million. The buyer was an affiliate of New York-based Turnbridge Equities.

📊Residential: On the Upper East Side, a townhouse at 163 East 78th Street changed hands for $12.7 million. The buyer was a trust tied to Hollywood manager Anna DerParseghian, and the seller was a company linked to Robert Gregory Eisner and Malda Nadi Hibri, who paid $11 million for the 36-foot-wide single-family home in 2021. The property measures more than 5,300 square feet, with five bedrooms and a garden. It went up for sale in May for $13.5 million. Sotheby’s International Realty’s Serena Boardman had the listing.

📊Residential: Heather and Jordan Ouida, an entrepreneur and finance executive, respectively, sold a condo at 150 East 86th Street on the Upper East Side to Adeel and Vedica Qalbani. Adeel Qualbani is a managing partner at Perry Creek Capital, and Vedica Qalbani is the CEO of Ratio Advisors. The price was $7.8 million. The Ouidas purchased the unit for about $7.4 million in 2012.

📊Commercial: Two LLCs, one tied to attorney Michael Utevsky and the other to Lawrence Berger, also an attorney, sold a mixed-use property at 165 Sherman Avenue for just under $9 million; they had owned the building for decades. The buyer was a holding company managed by landlord Demetrios Moragianis. The building stands six stories tall and has 100 apartments and ground-floor retail.

📊Commercial: In Washington Heights, an affiliate of Milbrook Properties offloaded a six-story multifamily building with 43 apartments and ground-floor retail for about $5.9 million. The buyer of the property at 1270 Saint Nicholas Avenue was Michael Douglas Properties LLC. The seller had owned the site for decades.

By the Numbers: How D.C. became the capital of green office buildings

Washington, D.C. has emerged as a leader in green office space.

The nation’s capital outperformed the top U.S. office markets for its share of LEED-certified offices in its market, according to a new ranking of green office markets from CommercialCafe

More than 71 percent of Washington, D.C.’s office stock — 95 million square feet — is LEED-certified, with 53 percent of those properties holding platinum or gold LEED certifications — the highest levels.

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