Andra Rus 
The first month of 2016 recorded intense activity in the NYC retail market with Manhattan dominating the list of most expensive properties sold. Brooklyn and Queens are also both well represented, while the Bronx makes one contribution to the list thanks to a package deal closed for two neighboring store buildings in Wakefield.
Most expensive retail building
The diner at 427-429 10 Avenue sold for an impressive price since it was the missing piece of the puzzle needed to build the office tower at 50 Hudson Yards.
Related paid over $150M to secure this development site which comes with 150,000 buildable square feet.
Here is the full list of most expensive retail property sales recorded in January 2016:
Top NYC Retail Sales January 2016
| # | Address | Borough | Sale Date | Recorded Date | Sale Price |
|---|---|---|---|---|---|
| 1 | 427-429 10 Avenue | Manhattan | 12/15/2015 | 1/15/2016 | $152,268,750 |
| 2 | 50 West 13 Street & 54 West 13 Street | Manhattan | 1/4/2016 | 1/14/2016 | $78,000,000 |
| 3 | 730 Lexington Avenue | Manhattan | 12/22/2015 | 1/7/2016 | $18,500,000 |
| 4 | 42-50 Avenue C & 37 Otsego Street & 830 Lafayette Avenue & 387-389 Mother Gaston Boulevard & 652 Flatbush Avenue | Manhattan Brooklyn | 12/31/2015 | 1/29/2016 | $17,300,000 |
| 5 | 123 Kent Avenue & 121 Kent Avenue & 119 Kent Avenue | Brooklyn | 12/30/2015 | 1/21/2016 | $15,850,000 |
| 6 | 257 West 34 Street | Manhattan | 12/17/2015 | 1/15/2016 | $15,697,811 |
| 7 | 232 Mott Street | Manhattan | 12/17/2015 | 1/6/2016 | $14,730,000 |
| 8 | 1301-1311 Surf Avenue | Brooklyn | 12/29/2015 | 1/26/2016 | $14,000,000 |
| 9 | 1234 Madison Avenue | Manhattan | 12/22/2015 | 1/4/2016 | $13,425,000 |
| 10 | 21-19 31 Street | Queens | 1/13/2016 | 1/27/2016 | $12,050,000 |
| 11 | 845 Broadway | Brooklyn | 12/23/2015 | 1/7/2016 | $11,500,000 |
| 12 | 6204-6226 Roosevelt Avenue | Queens | 12/17/2015 | 1/5/2016 | $10,000,000 |
| 13 | 50-52 West 33 Street | Manhattan | 1/12/2016 | 1/28/2016 | $10,000,000 |
| 14 | 4705-4709 5 Avenue | Brooklyn | 12/8/2015 | 1/4/2016 | $9,500,000 |
| 15 | 216 East 53 Street | Manhattan | 12/30/2015 | 1/13/2016 | $7,450,000 |
| 16 | 154 8 Avenue | Manhattan | 1/12/2016 | 1/28/2016 | $7,000,000 |
| 17 | 92-12 165 Street | Queens | 12/31/2015 | 1/22/2016 | $6,200,000 |
| 18 | 4653 White Plains Road & 4651 White Plains Road | Bronx | 1/8/2016 | 1/27/2016 | $6,075,000 |
| 19 | 847 Lexington Avenue | Manhattan | 12/21/2015 | 1/11/2016 | $6,000,000 |
| 20 | 448 West 44 Street | Manhattan | 12/22/2015 | 1/12/2016 | $4,640,000 |
