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NYC Real Estate Hits New Records | Real Estate News
Description
New York City’s real estate market just hit a high note with over 230 deals totaling $338 million on Monday, July 6. Flushing’s 23-unit multifamily at 41-31 Haight St. led commercial sales with a $7.5M bid, while Brooklyn Heights claimed the top residential spot — a 6,600 sq ft townhouse at 192 Columbia Heights sold for $24.5M, nearly doubling its 2018 purchase price. On the Upper West Side, a philanthropist offloaded a Kenilworth co-op for $7.7M, down from its $12M listing. Meanwhile, the federal government’s property sales are booming — over 125 buildings totaling 6.5M sq ft have been sold since last year, netting $614M, with 42 more listings, mostly offices, in states like California, Texas, and Illinois.
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