There were 208 transactions totaling $377 million filed in New York City records from 4 p.m. on Friday, March 20, 2023, through 4 p.m. on Monday, March 23, 2026.
🏆 Residential: The top home sale to hit records was for a 3,500-square-foot condo at 25 Columbus Circle in Lincoln Square that sold for $18 million or about $5,100 per square foot. The seller, AEH Jay Corp., purchased the unit in 2013 for $18.8 million. The seller also owns a unit at 220 Central Park South, buying it for $61.6 million in 2020. The buyer of the Columbus Circle pad was Free Dog LLC.
🏆 Commercial: Gowanus had the top commercial sale recorded in the Big Apple. A development site at 37-71 Ninth Street traded for $37.5 million. The buyer was Jed Walentas’ Two Trees Management, and the seller was an LLC tied to investor Aaron Berger. The site, which is not part of the 2021 rezoning of the area around the Gowanus Canal, has seven buildings spanning almost 114,000 square feet, according to Commercial Observer.
📊 Residential: A condo at 432 Park Avenue traded between LLCs for $8.7 million. The unit, which last sold in 2016 for $9.8 million, spans more than 2,200 square feet. It has two bedrooms and two and a half bathrooms. Sotheby’s International Realty’s Claire Groome and Angela Wu. The condo’s last asking price was just under $10 million.
📊 Residential: David Finkelstein parted with a 2,300-square-foot condo and a storage unit at 165 Charles Street in the West Village for $7.8 million. The buyers were Nancy Schwartz-Weinstock and Steven Weinstock. The unit last sold in 2017 for $7.4 million.
📊 Commercial: In Jackson Heights, a mixed-use property at 37-63 83rd Street sold for $14 million. The building stands four stories tall and measures almost 23,000 square feet. The seller was the Jackson Ht. Roosevelt Development Corp. The buyers were three companies tied to investor Simkho Aranbayev. The deal breaks down to roughly $610 per square foot.
By the Numbers: Days on market climb as housing frenzy continues to fade
Most U.S. homes in February sat on the market for more than two months, the longest amount of time recorded for any February in nearly a decade, as the national housing market continues its slow, steady crawl back to pre-pandemic reality.
Homes across the country spent a median of 66 days on the market in February, a nearly 14 percent increase from last year, when homes lingered on the market for a median of 58 days. That’s according to data from brokerage and data firm Redfin, which calculates median days on market from when a home is listed to when it goes under contract; the firm excludes properties that have been on the market for more than a year.
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