New York Top Real Estate Deals: Friday, Nov. 7, 2025

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There were 144 transactions totaling $595 million recorded in New York City in the 24 hours before 4 p.m. on Friday, Nov. 7.

🏆 Residential: The priciest recorded home sale in New York City on Friday, Nov. 7, was for a Greenwich Village penthouse at 40 Fifth Avenue, which sold for $19 million. The seller was billionaire Randy Lerner and the buyer was a trust tied to entertainment business manager Charles Sussman. Lerner acquired the pad in 2023 for $17 million. The latest deal appears to have been off-market.

🏆 Commercial: The top recorded commercial real estate sale was in Turtle Bay. Qatar’s mission to the United Nations offloaded a five-story commercial building at 765 First Avenue for $33.3 million. The buyer was the Democratic Republic of Congo’s mission to the U.N. The property last traded in 2006, when the 765 First Avenue Property Corporation purchased the building for $13 million. It was then transferred into Qatar’s name in 2021.

📊 Commercial: An affiliate of Willowick Properties sold two apartment buildings at 205 and 207 Eighth Avenue in Chelsea for $16.6 million. The properties stand five stories tall and have 22 units combined, along with ground-floor retail. The buyer was an entity tied to David Hazout. The seller had owned the properties since 2013, when they sold for $15.9 million.

📊 Residential: Paul and Gertie Cerjas offloaded a co-op at 50 East 77th on the Upper East Side. Paul Cejas is a businessman and former U.S. ambassador to Belgium. The buyer was a trust. The three-bedroom unit has three and a half baths, a private elevator landing and a designated staff room with its own entrance. The price was $9 million, which was $1 million above ask. Corcoran’s Julia Kay Goodman, Leighton Candler, Jennifer Reardon and Rachel Brandeis had the listing.

📊 Residential: In the West Village, a condo and storage unit at 165 Charles Street changed hands for $8.4 million. The seller was an LLC tied to Franck Ruimy, the founder and CEO of Silver Creek Development, who purchased the unit in 2007 for just under $6 million. The buyer was an LLC tied to Tyler Wolfram, managing partner at Oak Hill Capital. The two-bedroom unit spans 2,400 square feet. Its most recent asking price was $8.8 million. Brown Harris Stevens’ Brett Miles, Robin Lyon-Gardiner, Paige Neuhauser and Parker Johnson.

📊 Residential: A sponsor unit at 35 Hudson Yards sold for $5.3 million. The buyer was C&X Hudson Yards LLC. The three-bedroom unit spans about 2,900 square feet, pricing the deal at roughly $1,800 per square foot. Its initial asking price was just under $7 million when it hit the market in 2021. Corcoran’s Hottinger Team and Arsic Lau Team had the listing.

By the Numbers: Which NYC resi lender had the largest median mortgage in 2025?

In New York City over the past year, the top residential lender, by median mortgage size, had one of the lowest total deal volumes of the city’s top lenders.

Finance of America Reverse had the largest median deal size of the city’s most active home mortgage providers, of about $1.4 million. But the company, which is headquartered in Tulsa, Oklahoma, only had 87 deals last year, bringing its total deal volume to roughly $162 million, 20th in the Big Apple.

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