There were 204 transactions totaling $284 million recorded in New York City before 4 p.m. on Wednesday, Nov. 5.
🏆 Residential: The priciest home sale was on the Upper East Side. A townhouse at 48 East 81st Street sold for $16.8 million. The seller was an LLC tied to Shahab Karmely of Kar Properties. The buyer was Demain C’est Loin, LLC. Karmely had owned the property since the early 1990s. The residence dates back to 1924 and stands five stories tall. Spanning 7,400 square feet, the property, gut-renovated in 2019, also has a full basement and roof deck. It also has five to six bedrooms, seven bathrooms, two half baths and two kitchens.
🏆 Commercial: Two Brooklyn multifamily properties were the top commercial real estate sale recorded in the Big Apple. Two LLCs linked to Marie Pindus, wife of late real estate company owner Gerald Pindus, sold a six-story property at 2911 Brighton Fifth Street in Brighton Beach and another six-story property at 230 73rd Street for a total of $20 million. The buyer of the buildings, which have a combined 165 units, was Angelo Parlanti.
📊 Commercial: In the Bronx, Fredricson Equities offloaded three properties for $17.1 million: an auto body shop at 5760 Broadway, a warehouse at 5790 Broadway and a car wash at 3632 Kingsbridge Avenue. The buyer was SLA Capital & Realty LLC, tied to Leonid Yevdayev. Fredricson Equities had owned the properties on Broadway since at least the 1970s.
📊 Residential: Matthew and Susan Roberts parted with a co-op at 210 Central Park South for $7 million. The buyer was Marbina CPS. The Matthews had owned the unit since 2011, when they purchased it for $3 million. The transaction appears to have been off-market, but it had previously been on the market from 2020 to 2022. The co-op measures 2,200 square feet and has three bedrooms and three and a half baths, according to a former listing.
📊 Residential: A four-story brownstone dating to 1901 at 448 Sixth Avenue in Park Slope changed hands for $6.3 million. The seller was a trust tied to Mark A. Jung, an internet entrepreneur, and Andrea Jung, the CEO of microfinance organization Grameen America. The newly renovated property spans 3,500 square feet and has 1,200 square feet of outdoor space. The home went on the market in August, with an asking price of $6.5 million. Sotheby’s International Realty’s Roberta Golubock had the listing. The buyer was an LLC named after the property’s address.
📊 Residential: Attorney Shanu Bajaj Chowdhury and Nikolai Chowdhury, a Salesforce executive, scooped up a sponsor unit at 200 East 75th Street on the Upper East Side for $6 million. The four-bedroom corner unit has a key-fobbed elevator and a 20-foot-wide living room. The asking price for the unit, which spans about 2,500 square feet, was $6.3 million. Compass’ Alexa Lambert, Susan Wires and Marc Achilles had the listing. The property’s developer is EJS Development
By the Numbers: Real estate pours $24M into NYC election PACs
Nearly one in four donations to the main political action committees funding this year’s New York City elections came from the real estate industry.
The industry poured at least $24.4 million into the major PACs this election season, accounting for about 23 percent of the PACs’ total contributions, according to an analysis by The Real Deal of campaign filings recorded with the city through Oct. 28.
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