Manhattan’s sales volume for all commercial property types surpassed $5 billion in the fourth quarter of 2024, the highest quarterly total since the opening quarter of 2022. Investment volume has accelerated for three consecutive quarters — a trend also present in the broader New York metropolitan area — indicating that capital markets may finally be rebounding.
Manhattan's commercial property sales volume on par with pre-pandemic level
Investment volume increases for third consecutive quarter
By Jared Koeck
CoStar Analytics
February 20, 2025 | 4:08 P.M.
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IN THIS ARTICLE
- Properties
- The Revlon Building
625 Madison Ave, New York, NY