There were about 187 deals recorded, totaling about $287.7 million, in New York City on June 10.
🏆 Residential: The priciest residential deal recorded in New York City was for a four-bedroom co-op in Lenox Hill. Motoko Sakurai, the CEO of jewelry brand Catbird, and Harry Taylor, managing director at TA Associates, investing in software companies, sold their residence at 730 Park Avenue for $12 million to a trust. Sakurai and Taylor purchased the unit in 2019 for $7.8 million; the home has been on and off the market for nearly a decade, as the sellers first listed it for $11 million in 2016. Before heading into contract, the co-op was listed for about $12.5 million. Corcoran’s Scott Stewart had the listing.
🏆 Commercial: The top commercial deal recorded was $11.5 million for a parking lot in the Bronx. The sellers of the development site, at 205 West 30th Street, were shell companies managed by developers Michael Ashkenazy of 101 Holdings and Joshua Agus of Agus Holdings. The companies have been connected to the site since 2017, when it traded for $7 million. The new owner is a company linked to developer Andrea Gjini.
📊 Commercial: Hotelier Efrem Harkham picked up a six-story, 101-unit apartment building at 275 Linden Boulevard in Flatbush for $10.8 million. The seller, E&K Realty Co. (Kings) LLC, managed by Debra Cooper, had owned the building since at least the 1980s. The property spans about 136,000 square feet, according to PropertyShark, pricing the deal at roughly $79 per square foot.
📊 Commercial: In Central Harlem, two adjacent properties — a church and a store — traded hands for $9.3 million. The seller, a holding company tied to Tamar Ofer, acquired the one-story, 10,000-square-foot retail property at 266 West 135th Street for $8 million in 2017 and the church at 262-264 West 135th Street in September for $1.3 million. The buyer in the latest deal was a company tied to Benjamin Sadykov, who took out a $6.3 million mortgage from the seller for the deal.
📊 Commercial: For $9 million, Capira Realty LLC, tied to Victor Gallego, parted with two retail properties in Jamaica, Queens. The buyer of the one-story buildings at 179-29 and 179-37 Hillside Avenue was H and N 179 Properties LLC, which took out a $4.2 million loan with Emigrant Funding Corporation for the purchase.
📊 Commercial: Two vacant plots of land at 132-03 and 132-05 41st Road and a commercial property at 132-07 41st Road in Flushing sold for $4.6 million. The buyer was Quality Living LLC, linked to Chang Biao Zheng, and the sellers were Elmhurst Avenue Medical Associates, Flushing Medical Associates, John Hon and Julie Hon.
📊 Residential: In the Upper East Side, Kathleen Simpson scooped up a four-bedroom co-op at 875 Park Avenue for $5.4 million, or about 8 percent over ask. The sellers, Michael and Joanne Herzig, listed the unit for sale with Sotheby’s International Realty’s Vannessa Kaufman in March for just under $5 million.
