LOCAL DEK: TRD reports top transactions for Monday, Nov. 24, 2025
🏆 Residential: The top residential transaction recorded in New York was in Nomad. Helios Chamber Orchestra, LLC parted with a penthouse at 400 Park Avenue South for $12 million. The buyer was 400PAS, LLC. The seller had owned the unit since 2016, purchasing it for $12.2 million. The full-floor unit measures just over 4,000 square feet, pricing the latest transactions at about $3,000 per square foot. The condo has five bedrooms, five and a half baths and a private terrace with another 1,000 square feet of space. Nina Popova with Ostrov Realty Group had the listing. The unit has been on and off the market since March 2024, when its asking price was $15.5 million.
🏆 Commercial: The top commercial deal recorded in the city went to Capstone Equities, which bought the 28&7 office building at 205 West 28th Street in Chelsea for $80.8 million. The sellers were GDS Development and Corem Property Group, which developed the 100,000-square-foot, fully leased office property. The building stands 12 stories tall and opened in 2022. A Newmark team led by Adam Spies and Marcella Fasulo brokered the sale.
📊 Residential: Richard and Catherine Cosgrove dropped $6.3 million on a co-op at 830 Park Avenue in Lenox Hill. The seller was Kevin Coyne, who paid $6 million for the unit in 2008. The unit is a triplex, with four to five bedrooms and four and a half bathrooms. The unit’s sale price was its most recent asking price. Cocoran’s Cathy Franklin, Alexis Bodenheimer and Shannon Suydam had the listing.
📊 Commercial: A recycling center in Jamaica along Douglas Avenue and 175th Street sold for $28 million. The largest building is a 33,000-square-foot industrial property at 172-25 Douglas Avenue. The seller was an affiliate of American Recycling Management. The buyer was Woodlands, Texas-based Waste Connections.
📊 Commercial: The Manhattan Children’s Center, a private school for children with autism spectrum disorder, purchased a commercial condo, which the school appears to already occupy, at 100 West 93rd Street on the Upper West Side for $23 million. The seller, 100 West 93 LLC, bought the unit for $16.5 million a decade ago.
📊 Commercial: In Greenpoint, a rental apartment complex at 233 Franklin Street traded for $20 million. The seller was an LLC tied to Diego Salazar, who had owned the building for decades, and the buyer was an LLC tied to developer Jacob Fulop. The building, which stands three stories tall and has 20 apartments, measures more than 27,000 square feet.
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