Your Monthly NY Commercial Real Estate Digest

Read the latest commercial real estate news [PropertyShark Commercial Newsletter]( Hello {NAME}, Check out the latest commercial real estate news and the priciest CRE sales closed in NYC in July 2023. [Apartments From Adaptive Reuse Projects to Exceed 120,000 in Upcoming Years, Despite Recent Slowdown in Office Conversions]( [3 Reasons Why Brokerages Should Leverage Multiple Split Plans]( Implementing multiple commission split plans and tiers is an effective strategy for recruiting and retaining top performers. [Read More]( [Adaptive Reuse is Trending Upward: Despite Recent Slowdown in Office Conversions, 120,000 Apartments Underway]( Office retrofits are anticipated to account for the largest share of apartments under conversion, representing 37% of the total. [Read More]( [Apartments From Adaptive Reuse Projects to Exceed 120,000 in Upcoming Years, Despite Recent Slowdown in Office Conversions]( [See the latest real estate news]( [Weekly webinars ]( [Webinar: Getting Started as an Investor in Small Multi-Family Buildings]( August 2, 1:00 PM Learn about the ratios banks use when considering a mortgage and understand how much a bank is likely to lend for your investment. [Register]( [See all upcoming webinars]( [National Office Report]( [U.S. Office Sales Total $14.8B Halfway Through 2023]( [National Industrial Report]( [Industrial Sales Volume Reaches $21.2B at the End of Q2]( Top NYC Office Sales for July 2023 Address Recorded Date Sale Price [875 6th Avenue]( 12-Jul-23 $92,500,000 [143-02 Jamaica Avenue]( 13-Jul-23 $10,500,000 [285 Hudson Street]( 3-Jul-23 $5,950,000 [6 West 20th Street #2]( 24-Jul-23 $5,450,000 [858 Dekalb Avenue]( [856 Dekalb Avenue]( 13-Jul-23 $4,500,000 Office Listings [233 Park Avenue South]( [233 Park Avenue South]( 233 Park Avenue South For Lease Contact for pricing [292 Madison Avenue]( [292 Madison Avenue]( Contact for pricing For Lease Contact for pricing [45 Broadway]( [45 Broadway]( 37th Avenue For Lease $43.00 - $50.00/SF/YR [See more listings]( Top NYC Multifamily Sales for July 2023 Address Recorded Date Sale Price [54-39 100th Street]( 7-Jul-23 $39,000,000 [148 10th Avenue]( [146 10th Avenue]( [150 10th Avenue]( 5-Jul-23 $26,850,000 [1691 2nd Avenue]( [1693 2nd Avenue]( 5-Jul-23 $26,260,000 [164 East 82nd Street]( [162 East 82nd Street]( 21-Jul-23 $17,550,741 [33 Perry Street]( 17-Jul-23 $15,536,000 Multifamily property listings [1379 Lexington Ave - Space Availability]( [1379 Lexington Ave - Space Availability]( For Lease Contact for pricing [330 E 6th St]( [330 E 6th St]( For Sale $13,995,000 [355 Tompkins Avenue]( [355 Tompkins Avenue, Brooklyn, NY 11216]( Sale $3,950,000 [See more listings]( Top NYC Retail Sales for July 2023 Address Recorded Date Sale Price [136-29 38th Avenue]( 21-Jul-23 $37,500,000 [2241 Westchester Avenue]( 20-Jul-23 $10,000,000 [78-01 Queens Boulevard]( [79-30 Albion Avenue]( 18-Jul-23 $9,550,000 [4138 Broadway]( 25-Jul-23 $8,880,000 [200 Riverside Boulevard #COMM 1]( 6-Jul-23 $8,250,000 Best regards, Anna | Customer Service Manager at PropertyShark [718-715-1758]( | support@propertyshark.com [Image] [PropertyShark Services]( | [Testimonials]( | [Group Subscriptions]( Authoritative Data and Essential Tools for Real Estate Professionals ©2023 Yardi Systems, Inc. All Rights Reserved. PropertyShark, the PropertyShark logo, and all Yardi product names are trademarks of Yardi Systems, Inc [Privacy Policy]( | [View Online]( | [Unsubscribe](