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Recorded deeds and previous sales
NYC Department of Finance
NYC Department of Finance. Read October 12, 05:43
MeasureValue
1250 Broadway, sale of October 6$186 million
1250 Broadway, sale of 2014$410 million
1115 Broadway, sale of October 8$64 million
1115 Broadway, sale of 2016$152 million
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October 12, 2026, 05:43
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What we took from it
1A deed recorded on October 6 shows that the tower at 1250 Broadway sold for $186 million.Recorded deeds and previous salesRecorded deeds and previous salesStated in the recordStated
2A deed recorded two days later shows that the tower at 1115 Broadway sold for $64 million.Recorded deeds and previous salesRecorded deeds and previous salesStated in the recordStated
3Together the two Midtown South towers sold for $250 million, against $562 million at their previous recorded sales.Recorded deeds and previous salesRecorded deeds and previous salesCalculated by usCalculated
4The price of 1250 Broadway is 45% of the $410 million recorded at its 2014 sale.Recorded deeds and previous salesRecorded deeds and previous salesCalculated by usCalculated
5The price of 1115 Broadway is 42% of the $152 million recorded at its 2016 sale.Recorded deeds and previous salesRecorded deeds and previous salesCalculated by usCalculated
6The two sales come in $312 million below the previous prices combined.Recorded deeds and previous salesRecorded deeds and previous salesCalculated by usCalculated