There were 200 transactions totaling $322 million filed in New York City records in the 24 hours before 4 p.m. on Friday, April 3, 2026.
🏆 Commercial: Williamsburg was home to the top commercial deal recorded in the Big Apple. A commercial condo at The Sixth at 127 Kent Avenue, developed by Joyland Group and Prospect Developers, traded for $46 million. The buyer was an affiliate of Empire State Realty Trust. The unit spans more than 21,400 square feet, and the sale works out to roughly $2,100 per square foot.
🏆 Residential: The top home sale in the city clocked in at just under $11 million. Hedge funder Wolfgang Wander purchased a condo at 45 Warren Street in Tribeca for its asking price from an LLC tied to Andrew and Alison Isaacs, who purchased the pad for $6.3 million in 2012. The penthouse unit spans about 4,500 square feet and went on the market in October. Compass’ Stephen Ferrara and Clayton Orrigo had the listing. The deal breaks down to about $2,400 per square foot.
📊 Commercial: In Chinatown, a five-story building at 91 Canal Street, a four-story property at 95 Canal Street and a six-story building at 99 Canal Street sold for $21.1 million. The sellers were four companies tied to Jay Lau, and the buyer was 99-91 Canal Project LLC. Combined, the properties span about 35,000 square feet.
📊 Residential: On the Upper East Side, a penthouse at 1049 Fifth Avenue traded for $9 million. The home spans about 4,700 square feet and has private terraces and an elevator landing. The deal also included a separate studio apartment and storage locker. The unit went on the market in May 2025 for about $12 million. Compass’ Robert Varvara, Steven Dawson, Dan Colson, Stephen Ferrara and Clayton Orrigo had the listing. The seller was Truxton Investments, S.A., and the buyer was Reservoir Properties Holding LLC.
📊 Residential: Rabina sold a sponsor unit at 510 Fifth Avenue in Midtown for $5.9 million, its asking price. The buyer was Bucky NYC Condo, LLC. The 2,200-square-foot pad has three bedrooms and three and a half baths; the sale pencils out to roughly $2,700 per square foot. The unit was listed in November. Corcoran is handling sales at the property.
By the Numbers: CMBS delinquency rates climb in March
The delinquency rate for commercial mortgage-backed securities climbed higher in March, led by the lodging and office sectors.
The share of CMBS loans that have been more than 30 days delinquent rose by 41 basis points to 7.55 percent in March from February, and 90 basis points year over year, according to a report by research firm Trepp. The period reverses February’s month-over-month decline.
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