Brooklyn Leads as Rabsky’s $83M Sale Tops NYC Real Estate Deals

Another major Brooklyn transaction took place in North Williamsburg, where a joint venture of Rockpoint Group, Lincoln Property Company, and Land Labor Capital acquired a newer apartment complex at 56 North Ninth Street for $66.3 million. This property, developed in 2019, includes 30,000 square feet of retail space and was financed with a $44.8 million mortgage from Truist Bank.

In the residential sector, luxury sales surged. The top residential deal was a $24 million resale of a 66th-floor condo at Extell’s Billionaires’ Row tower on West 57th Street—transferring between LLCs and significantly up from its previous 2021 sale. Park Slope also saw two townhouses change hands: a brownstone at 45 Park Place sold for $6.5 million, and a three-story home on Ninth Street sold for $4.4 million.

Overall, NYC recorded 238 property transactions on that day alone, totaling over $426 million in sales. With Brooklyn continuing to deliver strong performance in both residential and commercial markets, it remains a hotspot for investors, developers, and high-end buyers alike.