Market

New York Top Real Estate Deals: Thursday, April 16, 2026

There were 239 transactions totaling $331 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, April 16, 2026.

🏆 Commercial: Murray Hill had the top commercial deal to hit records, with the sale of the residential unit at CSC Real Estate’s 300 East 42nd Street, which was once an office building. An LLC tied to Moses Mizrahi paid $22 million for the 51,700-square-foot space that spans the cellar to the 10th floor.

🏆 Residential: The most expensive home sale came in at $8 million, for a penthouse at 1125 Park Avenue in Carnegie Hill. The seller was the estate of David A. Schulte, Jr., and the buyers were banker Edward Bayliss and Eugenia Comini. The five-bedroom co-op has four bathrooms and has a 2,200-square-foot terrace. The unit went on the market in September, with an asking price of $7.5 million.

📊 Commercial: A development site at 130 Saint Felix Street in Fort Greene changed hands for $17 million. The seller was an LLC tied to the Gotham Organization and the buyer was an affiliate of Quinlan Development Group. The site, a parking lot spanning 12,500 square feet, last traded in 2015 for $5.5 million. Gotham had planned to build a 23-story tower at the site, but the project faced opposition.

📊 Residential: In Dumbo, a penthouse at 1 John Street sold for $6.2 million. The seller was Skylyn LLC, which purchased the pad in 2021 for $5.7 million. The buyer in the latest sale was 1 John PH-C LLC. The unit spans about 2,600 square feet, pricing the sale at about $2,400 per square foot. It has three bedrooms and three and a half bathrooms, and it went on sale in December for $6.3 million. Compass’ Eric Sidman, Callie Katt, Nikki Adamo Parsons, Kelly Bree and Carrie McCue had the listing.

By the Numbers: National banks, private debt funds seize more CRE debt as lending interest rebounds

There’s been a shift in commercial real estate lending over the past year.

National banks, previously hampered by troubled loans, upped their lending to recapture more market share in 2025, as have private debt funds which have upped their lending in stronger market conditions. Meanwhile, government agencies and CMBS lenders, typically the top providers of CRE financing, are pulling back.

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