Top New York Real Estate Deals: $311M in Sales on Oct 14

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New York City saw a flurry of real estate activity on October 14, 2025, with 195 transactions adding up to a total of $311 million in sales.

From luxurious residential condos to big commercial property deals, here are some of the standout transactions from that day.

Top Residential Sale: Midtown Penthouse Sells for $12.3 Million

The most expensive home sold in New York City on October 14 was a stunning Midtown penthouse. Mark and Elizabeth Greenhill bought the condo at 111 West 56th Street for $12.3 million.

The 2,800-square-foot unit features four bedrooms, four bathrooms, and an enormous terrace with almost 2,900 square feet of space.

The condo was part of GFI Capital’s One11 Residences development near Central Park. The previous asking price was just under $15 million.

Top Commercial Sale: Borough Park Office Building Goes for $42.3 Million

In a commercial real estate deal, a four-story office building located at 6201 15th Avenue in Borough Park sold for $42.3 million.

The sale also included a parking lot across the street at 6310 15th Avenue. The seller, a company linked to Shiya Lubin, originally purchased the properties in 2020 for $29.5 million.

The buyer, an LLC tied to George Lebovits, is the owner of Ahava Medical and Brooklyn Community Medical PC.

Greenpoint Deal: V&M Buzzetta Realty Sells Industrial Buildings for $7.4 Million

Another deal saw V&M Buzzetta Realty Corp. selling four industrial buildings in Greenpoint, Brooklyn.

The buildings, located at 82-88 Apollo Street, span over 18,000 square feet and sold for $7.4 million, which works out to about $411 per square foot.

The buyer was Jin Lin Realty LLC from Flushing, New York.

Luxury Condo Sale at Billionaires’ Row

In another residential sale, Christen Lee from KKR Real Estate and Nyssa Fajardo Lee, an attorney, bought a sponsor unit at 50 West 66th Street on Billionaires’ Row for just over $12 million.

This condo, which spans 3,900 square feet, includes four bedrooms, five bathrooms, and one half-bath. The price per square foot came to about $3,100.

Notable Residential Sale: Chelsea and Nicholas Scribani Buy $6.3 Million Condo

Chelsea and Nicholas Scribani, the latter being an executive at Newmark, purchased a three-bedroom condo at 212 Fifth Avenue in NoMad for $6.3 million.

The 2,700-square-foot unit was initially listed for nearly $6 million and was previously owned by an LLC that had bought it in 2017 for around $7 million.

A Busy Month for Commercial Real Estate

The month of September saw a surge in commercial real estate activity across the United States. Transactions across the country jumped by 25% compared to August.

This spike followed a cut in the federal funds rate, which many investors had been hoping for. The increase in listings shows the market’s strong response to the rate change.

With the New York real estate market continuing to see major transactions, from multimillion-dollar condos to commercial properties, it’s clear that both residential and commercial spaces are in high demand.