NYC's top deals: Related's Stephen Ross offloads West Village pad for $7M
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NYC's top deals: Related's Stephen Ross offloads West Village pad for $7M
"There were 209 transactions totaling $365 million recorded in New York City in the 24 hours before 4 p.m. on Friday, Nov. 14, 2025. Residential: The top residential transaction recorded in New York City was in Nomad. A trust dropped $9.6 million on a penthouse at 30 East 29th Street. The seller, KFO Property NYC GMBH, had owned the condo since 2023, when the entity purchased the pad for $12.7 million."
"The unit, a duplex, spans 2,600 square feet and has three bedrooms and three bathrooms. It also has two fireplaces and more than 600 square feet of outdoor space. The seller put the residence on the market in February 2024, seeking $13.2 million. Commercial: Flushing had the priciest recorded commercial transaction in the Big Apple, with the sale of what appears to be part of a mixed-use complex at 131-02 40th Road for $32 million."
"Commercial: In Bay Ridge, a former Century 21 store and parking garage spanning nearly 187,000 square feet at 423 88th Street sold for $28 million. The seller was the real estate arm of the Gindi family, which founded the discount retailer. The buyer was the Abed family. A JLL Capital Markets team of Ethan Stanton, Jeffrey Julien, Brendan Maddigan and Michael Mazzara represented the seller, and Specialized Realty Group's Michael Feratovic represented the buyer."
There were 209 transactions totaling $365 million recorded in New York City in the 24 hours before 4 p.m. on Friday, Nov. 14, 2025. A trust paid $9.6 million for a Nomad penthouse at 30 East 29th Street; the seller, KFO Property NYC GMBH, had bought the condo in 2023 for $12.7 million. The duplex measures 2,600 square feet with three bedrooms, three bathrooms, two fireplaces and over 600 square feet of outdoor space. On the Upper East Side, Isis and Christopher Louw purchased a full-floor sponsor unit at 201 East 74th Street for $9.4 million. Commercial activity included a Flushing mixed-use portion sold for $32 million and a Bay Ridge former Century 21 and garage at 423 88th Street sold for $28 million.
Read at therealdeal.com
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