New York Top Real Estate Deals: Thursday, July 30

There were 211 transactions totaling $317 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, July 30.

🏆Commercial: The biggest commercial sale to hit records was in Manhattan Valley where Delshah Capital bought five apartment buildings for $36.9 million. Quality Capital sold the properties at 3-5 and 7-9 West 108th Street, and 4, 8 and 10-16 Manhattan Avenue. The buildings cover about 118,000 square feet with 147 residential units between them. 

🏆Residential: Lincoln Square had the largest residential sale to hit records at 15 Central Park West. Michael Chia sold a condo in the property for $15.4 million. CPW31C LLC was the buyer. The three-bedroom and three-and-a-half bathroom pad spans about 2,700 square feet. 

📊Commercial: In Greenwich Village, 116-18 MacDougal Street LLC bought two rental buildings at 116 and 118 MacDougal Street for $13.9 million. MacDougal Associates LLC and MacDouglas Exit LLC were the sellers. The adjacent buildings have a total of 38 residential units over about 19,700 square feet. 

📊Residential: Abraham Chetrit and his wife, Samantha Chetrit, parted with a condo at 1 West End Avenue in Lincoln Square for $7.6 million. The buyer was a trust. The Chetrits had owned the 3,100-square-foot unit since 2018, when they purchased it for $6.7 million. The condo has four bedrooms and four and a half bathrooms. The latest sale works out to $2,500 per square foot.

📊Residential: T. Robert Zochowski, a corporate attorney, and his wife, Kerry Zochowski, shed a 2,200-square-foot condo at 25 Park Row in the Financial District for $6.6 million or $3,000 per square foot. The buyer was a trust. The Zochowskis paid $5.2 million for the unit in 2021.  

📊Residential: Griffin H. Newman paid $5.4 million for a co-op at the Butterfield House at 37 West 12th Street in Greenwich Village. The sellers, pianist Alissa Leiser and Patricia Walsh, a lawyer, had owned the three-bedroom, three-and-a-half-bathroom unit for a decade. They had purchased the unit for $3.7 million. The co-op went on the market in February with an asking price of $5.7 million. Compass’ Michael Johnson and Hayim Nommaz had the listing, and Clayton Orrigo, also with Compass, brought the buyer.

By the Numbers: U.S. home sellers lower prices as market realities set in

In June, U.S. home sale prices hit a record high — even as sellers continued to drop listing prices for the eighth month in a row.

The median list price last month was $430,000, a 2.5 percent year-over-year decline and the largest annual drop since at least 2017, according to data from Realtor.com.

“Sellers are adjusting to market realities,” said Hannah Jones, senior economist at the firm.

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