New York City’s multifamily market gained momentum in the third quarter, rising to $2.55 billion in sales, up 14% quarter-over-quarter and 17% year-over-year, according to Ariel Property Advisors’ Q3 2025 Multifamily Quarter in Review New York City.
Corner Industrial Site with 200’ Wraparound Frontage: 673 Livonia Avenue
NOV
25
• 100’ x 100’ lot on the corner of Livonia Avenue and Vermont Street in East New York; Situated two blocks from the Pennsylvania Ave subway station, providing access to 2, 3, 4 and 5 subway lines
Rare 35.81 Acre Campus With Development Potential: 1700 Old Orchard Street
NOV
25
Spanning 35.81 acres, the subject property is currently a vacant residential treatment facility that contains a mix of 10 buildings totaling approximately 41,470 square feet.
30-Unit New Construction Mixed-Use Elevator Building with 421a Tax Abatement: 1127-1129 Flatbush Avenue
NOV
17
Encompassing 24,057 square feet and comprising of 30 total units, 28 apartments and two (2) commercial units; 10-years remaining on the 15-year term 421a Tax Exemption (current taxes are around 1$/SF)