Top Most Expensive NYC Multi-Family Buildings in January 2016

Riverton Housing Complex (Sale price: $200M)

January’s list of most expensive NYC multi-family buildings includes a good number of package deals as Related acquired its Bronx portfolio with properties on Carpenter Ave, Decatur Ave and Creston Ave. The top of the list is still dominated by properties in Manhattan and Brooklyn.

Most expensive multi-family deal

The Riverton Housing Complex – a complex that holds close to 1200 units – was the most expensive multi-family deal recorded in January 2016.

The NY Times reports that the sale included an agreement with the city to preserve 975 units as affordable housing, after the previous owner defaulted on their mortgage.

Check out the NYC multi-family buildings that sold for the biggest prices, based on sales recorded in January 2016:

Top NYC Multifamily Sales January 2016

#	Address	Borough	Sale Date	Recorded Date	Sale Price
1	2225 5 Avenue & 45 East 135 Street	Manhattan	1/5/2016	1/13/2016	$200,850,000
2	564-570 St Johns Place	Brooklyn	12/3/2015	1/6/2016	$34,000,000
3	305-319 Mc Guinness Boulevard	Brooklyn	1/20/2016	1/29/2016	$31,000,000
4	326 East 82 Street	Manhattan	1/15/2016	1/28/2016	$27,000,000
5	2492-2494 7 Avenue & 200 West 145 Street & 219-221 West 145 Street	Manhattan	12/23/2015	1/15/2016	$26,950,000
6	364 Lincoln Place	Brooklyn	12/11/2015	1/27/2016	$23,500,000
7	532-534 West 143 Street & 536 West 143 Street	Manhattan	12/23/2015	1/7/2016	$16,885,000
8	4128 Carpenter Avenue & 4138 Carpenter Avenue	Bronx	12/22/2015	1/11/2016	$16,400,000
9	100 Forsyth Street & 102 Forsyth Street	Manhattan	12/18/2015	1/7/2016	$16,000,000
10	4002-4004 Carpenter Avenue & 4014-4016 Carpenter Avenue	Bronx	12/22/2015	1/11/2016	$15,900,000
11	2450-2468 Fredrick Douglass Boulevard	Manhattan	12/22/2015	1/8/2016	$14,875,000
12	20-30 Elk Drive	Queens	1/6/2016	1/14/2016	$14,500,000
13	2567 Decatur Avenue & 2563 Decatur Avenue & 2559 Decatur Avenue & 2553 Decatur Avenue & 2549 Decatur Avenue & 2543 Decatur Avenue	Bronx	12/22/2015	1/1/2016	$12,000,000
14	197-199 8 Avenue	Manhattan	12/2/2015	1/21/2016	$11,912,244
15	3054 Godwin Terrace	Bronx	12/15/2015	1/6/2016	$11,000,000
16	2063 Pacific Street & 870 Macon Street & 777 Mac Donough Street & 744 Mac Donough Street & 748 Mac Donough Street & 752 Mac Donough Street & 762 Mac Donough Street & 764 Mac Donough Street & 675 Decatur Street & 673 Decatur Street & 806 Mac Donough Street & 812 Mac Donough Street & 425 Marcus Garvey Boulevard	Brooklyn	12/30/2015	1/13/2016	$10,773,062
17	242-246 East 50 Street & 238 East 50 Street	Manhattan	12/21/2015	1/5/2016	$9,875,000
18	342 East 85 Street	Manhattan	12/24/2015	1/6/2016	$9,850,000
19	2608 Creston Avenue	Bronx	12/22/2015	1/11/2016	$9,750,000
20	37-05 Parsons Boulevard	Queens	12/31/2015	1/14/2016	$9,700,000