NYC Real Estate Activity Surges with $337M in Deals on July 14
NYC Real Estate Activity Surges with $337M in Deals on July 14
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July 15, 2025 | New York City
New York City’s real estate market saw significant movement on Monday, July 14, as 224 property deals closed, totaling approximately $337 million. Residential and commercial sales tied for the top spots in both categories, showcasing continued momentum in the city's dynamic property landscape.
In the residential sector, two standout $5 million transactions led the charts. V11E LLC purchased a condo at 302 West 12th Street in the West Village, which had previously sold for $4.1 million in early 2024. Meanwhile, a 2,300-square-foot sponsor unit at 30 Front Street, known as Olympia Dumbo, also changed hands for $5 million. Both sales were backed by top brokerage firms including Sotheby’s International Realty and Compass.
On the commercial side, two $31 million deals tied for the top spot. UPS sold its longstanding warehouse at 49-10 27th Street in Long Island City to Terreno Realty, while Aba Realty Management offloaded a Williamsburg retail and mixed-use portfolio to Empire State Realty Trust. Both properties had been in the sellers’ possession for decades, underscoring their long-term investment value.
Additional notable transactions included a $7 million retail property sale in Kew Garden Hills and a historic $5.7 million townhouse trade in Park Slope. The overall activity reflects a robust market with steady demand across residential and commercial segments, even as major builders scale back on new project sizes and volume.
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