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 August. [NYC’s Office-to-Residential Plans Are Just the Beginning]( [NYC’s Office-to-Residential Plans Are Just the Beginning]( More details are emerging on New York City’s plan to convert vacant office properties into housing, with... [Read More]( [Amid CRE Default Concerns, Bank Capital Rules to Change]( As property owners try to handle the fallout of higher interest rates, the industry faces another debt market hurdle. [Read More]( [Amid CRE Default Concerns, Bank Capital Rules to Change]( [See the latest real estate news]( [Weekly webinars ]( [Webinar: How to Research and Find the Owners of Properties]( September 13, 1:00 PM Learn how PropertyShark can help you save time when you need to reach the right person. [Register]( [See all upcoming webinars]( [National Office Report]( [Life Science Sector Cools but Still Represents Nearly One Third of Under-Construction Office Space]( [National Industrial Report]( [Industrial Sector Pinched by Interest Rate Hikes]( Top NYC Office Sales for August 2023 Address Recorded Date Sale Price [55 Broad Street]( 4-Aug-23 $172,500,000 [510 5th Avenue]( 22-Aug-23 $50,000,000 [213-07 Northern Boulevard]( 25-Aug-23 $13,625,000 [40-46 75th Street]( 23-Aug-23 $3,500,000 [1220 East New York Avenue]( 24-Aug-23 $3,000,000 Office Listings [233 Park Avenue South]( [233 Park Avenue South]( For Lease Contact for pricing [292 Madison Avenue]( [292 Madison Avenue]( For Lease Contact for pricing [45 Broadway]( [45 Broadway]( For Lease $43.00 - $50.00/SF/YR [See more listings]( Top NYC Multifamily Sales for August 2023 Address Recorded Date Sale Price [416 Metropolitan Avenue]( 10-Aug-23 $97,500,000 [120 West 23rd Street]( 11-Aug-23 $49,429,697 [1884 Broadway]( 2-Aug-23 $31,164,000 [410 West 48th Street]( [333 Grand Street]( 23-Aug-23 $26,250,000 [100 Steuben Street]( 11-Aug-23 $22,300,000 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 August 2023 Address Recorded Date Sale Price [22 Mercer Street #COMM]( 17-Aug-23 $20,000,000 [162-21 Jamaica Avenue]( [89-66 163rd Street]( 29-Aug-23 $19,250,000 [148 Spring Street]( [150 Spring Street]( 17-Aug-23 $15,000,000 [45 East 7th Street #NRU]( 11-Aug-23 $14,250,000 [340 Myrtle Avenue]( 28-Aug-23 $13,220,000 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](