There were 225 transactions totaling $346 million filed in New York City records in the 24 hours before 2:30 p.m. on Tuesday, July 7.
馃弳Commercial: The priciest commercial deal to hit records was in Queens. In Maspeth, a warehouse at 34-02 Laurel Hill Boulevard sold for $18.8 million. Patricia York and John P. Pantanelli were the sellers; Grandview Portfolio Holdings LLC was the buyer. The property spans about 43,200 square feet.
馃弳Residential: Chelsea had the most expensive recorded home sale in the city. Ashwin Anand purchased a penthouse at 345 West 14th Street for $6.2 million. The seller of the 2,100-square-foot pad was Tafum NY LLC, managed by Michelle Brown, which purchased the condo in 2024 for $5.5 million. The latest sale works out to just under $3,000 per square foot. The unit has three bedrooms and two and a half bathrooms. It also has a private terrace. The condo went on the market in April for $6.4 million. Serhant鈥檚 Christopher Prokop, Ryan Serhant and Vikrant Patel had the listing.
馃搳Commercial: In Astoria, a seven-story medical office building at 23-34 30th Avenue changed hands for $12.8 million. The seller was a company tied to Moshe Glassman, and the buyer was an affiliate of Apex Investments. The seller had owned the nearly 14,100-square-foot building since 2023, when it purchased it for $5.6 million.
馃搳Commercial: An LLC tied to Pioneer Management offloaded a former outpost of the New York Police Department at 524 West 42nd Street in Hell鈥檚 Kitchen for $10 million. The buyer was an affiliate of BD Hotels. The property stands four stories tall and measures about 19,400 square feet.
馃搳Residential: Roger and Julia Baumann parted with a co-op at 1056 Fifth Avenue in Carnegie Hill for $5.8 million. The buyers were Douglas and Elizabeth Bradley. The unit has five bedrooms and four bathrooms. Douglas Elliman鈥檚 Gabrielle Corrao, Iman Bacodari and Gabriela Bodkin had the listing.
By the Numbers: Bronx neighborhoods lead NYC housing market growth in second quarter
The city鈥檚 median home sale price inched higher in the second quarter compared to the year before, but two Bronx neighborhoods stood out for having the fastest growth across the Big Apple.
In the second quarter, the city-wide median home sale price, across all property types, was $850,000, a 2.4 percent year-over-year increase, according to an analysis of recorded home sales by TRD Data. However, the second quarter saw fewer deals cross the finish line, about 10,200 compared to just over 10,500 the same period the year before.
Norwood鈥檚 home prices grew the most. The neighborhood鈥檚 median home price in the second quarter climbed by more than 424 percent to $750,000. Following Norwood was Fieldston, whose second-quarter median of $1.4 million was about 419 percent higher compared to the same time last year.
