There were 220 transactions totaling $382 million filed in New York City records in the 24 hours before 4 p.m. on Monday, March 2, 2026.
🏆 Residential: The top home sale to hit records was in Lenox Hill, where the late Ivana Trump’s townhouse at 10 East 64th Street sold for $14 million. The buyer was Logres, LLC. The limestone townhouse dates to 1879 and spans more than 8,700 square feet. It has five bedrooms, five and a half bathrooms and 700 square feet of outdoor space. It has been on the market since 2022, when it was first listed for $26.5 million. Modlin Group’s Adam Modlin and Douglas Elliman’s Roger Erickson had the listing.
🏆 Commercial: The top commercial deal to be recorded was in the West Village, where an LLC tied to Daniel C. Marriott sold a mixed-use property at 430 Hudson Street for $13 million. The buyer was an LLC tied to consultancy Padell Business Management. The 6,500-square-foot property last sold in 2013 for $9.9 million and was recently renovated. The property has an upper residential portion with four bedrooms, three bathrooms and two half-baths; two cellar levels and the ground floor comprise the commercial space. The building also has about 1,800 square feet of terrace space. The seller first listed the property for sale in 2023 for just under $17 million. Ryan Serhant and Nicole Palermo of Serhant had the listing with Brock Emmetsberger of Matthew Real Estate Investment Services.
📊 Commercial: In Astoria, a two-story commercial building at 22-55 31st Street, plus an adjacent alley-wide parcel of land, sold for $10 million. The seller of the 16,400-square-foot property was an LLC managed by Richard Scharf of Abro Management Corp that had owned it for decades. The buyer was an LLC linked to Ioannis Likidis.
📊 Residential: In Tribeca, a 2,300-square-foot condo at 56 Leonard Street changed hands for $7.5 million. The seller, Krasaviza LLC, had owned the unit since 2016, purchasing it for just under $7 million. The buyer was Elmax Holdings LLC. The condo has three bedrooms and three and a half baths. Corcoran’s Debbie Baum and Isabel Munoz had the listing, which went live in October for $7.8 million.
📊 Residential: A co-op at 1010 Fifth Avenue on the Upper East Side sold for $6.5 million. The seller was James Rybakoff, co-founder of investment banking and advisory firm Akin Bay, who paid $5.4 million for the pad in 2023. The buyer in the latest sale was Jacob Ruttenberg. The sale appears to have been off-market, but an older listing for the unit shows it has three bedrooms and two and a half bathrooms.
By the Numbers: U.S. commercial real estate investment volume surged 20 percent last year
Last year, the U.S. commercial real estate market continued its trend of rising investment sales, marking double-digit growth in terms of transaction volume and number of deals.
The year kicked off with uncertainty amid geopolitical factors and the imposition of tariffs. But the back end of the year saw borrowing costs fall, helping investors regain confidence to deploy dry powder they had been sitting on.
There were some 30,400 investment sales across the country last year, totaling $472.6 billion, a nearly 20 percent surge in dollar volume and 18 percent increase in transactions compared to 2024, according to a market report from brokerage firm Avison Young, which expects the growth to continue into 2026.
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