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Financial District, Battery Park City & Tribeca multifamily & commercial real estate market

Recorded sales, prices, construction, lending and ownership for income and commercial property in Financial District, Battery Park City & Tribeca, updated monthly from NYC public records. Data through July 2026. Covers Financial District, Battery Park City and Tribeca.

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$1B35 sales, last 12 months▲ 67% YoY
$726Median price / sq ft▼ 16.6% YoY
$1.3MMedian price / unit (multifamily)
9Off-market listings on Crezly now
September 2026 summary

35 income-property sales were recorded in Financial District, Battery Park City & Tribeca over the 12 months ending July 2026, up 84.2% from the prior 12 months, with dollar volume of $1B, up 67%. The median price per square foot was $726, down 16.6%, while the median price per residential unit for multifamily and mixed-use properties was $1.3M. DOB construction permits totaled 2,450, up 13.8%. 2% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. The most active lender, Dl Rcf I Loan Holdings, LLC, recorded 4 mortgages.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$50M$100M$150M$200MAugust 2024: $33.6M in recorded salesSeptember 2024: $0 in recorded salesOctober 2024: $0 in recorded salesNovember 2024: $0 in recorded salesDecember 2024: $151.1M in recorded salesJanuary 2025: $35.6M in recorded salesFebruary 2025: $69.2M in recorded salesMarch 2025: $23.8M in recorded salesApril 2025: $0 in recorded salesMay 2025: $42.7M in recorded salesJune 2025: $154.5M in recorded salesJuly 2025: $90.1M in recorded salesAugust 2025: $43.4M in recorded salesSeptember 2025: $55.5M in recorded salesOctober 2025: $101.6M in recorded salesNovember 2025: $8.8M in recorded salesDecember 2025: $77.5M in recorded salesJanuary 2026: $184.7M in recorded salesFebruary 2026: $155.1M in recorded salesMarch 2026: $98.1M in recorded salesApril 2026: $11.3M in recorded salesMay 2026: $93.4M in recorded salesJune 2026: $2.9M in recorded salesJuly 2026: $170.6M in recorded sales$170.6MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$50M$100M$150M$200MAugust 2024: $33.6M in recorded salesSeptember 2024: $0 in recorded salesOctober 2024: $0 in recorded salesNovember 2024: $0 in recorded salesDecember 2024: $151.1M in recorded salesJanuary 2025: $35.6M in recorded salesFebruary 2025: $69.2M in recorded salesMarch 2025: $23.8M in recorded salesApril 2025: $0 in recorded salesMay 2025: $42.7M in recorded salesJune 2025: $154.5M in recorded salesJuly 2025: $90.1M in recorded salesAugust 2025: $43.4M in recorded salesSeptember 2025: $55.5M in recorded salesOctober 2025: $101.6M in recorded salesNovember 2025: $8.8M in recorded salesDecember 2025: $77.5M in recorded salesJanuary 2026: $184.7M in recorded salesFebruary 2026: $155.1M in recorded salesMarch 2026: $98.1M in recorded salesApril 2026: $11.3M in recorded salesMay 2026: $93.4M in recorded salesJune 2026: $2.9M in recorded salesJuly 2026: $170.6M in recorded sales$170.6MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 20242$33.6M
September 20240$0
October 20240$0
November 20240$0
December 20244$151.1M
January 20251$35.6M
February 20252$69.2M
March 20253$23.8M
April 20250$0
May 20252$42.7M
June 20251$154.5M
July 20254$90.1M
August 20254$43.4M
September 20252$55.5M
October 20254$101.6M
November 20252$8.8M
December 20253$77.5M
January 20263$184.7M
February 20263$155.1M
March 20264$98.1M
April 20261$11.3M
May 20263$93.4M
June 20261$2.9M
July 20265$170.6M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$0$500$1,000$1,500$2,000August 2024: $559 per sq ft (3-month median)September 2024: $559 per sq ft (3-month median)October 2024: too few salesNovember 2024: too few salesDecember 2024: too few salesJanuary 2025: $1,054 per sq ft (3-month median)February 2025: $923 per sq ft (3-month median)March 2025: $770 per sq ft (3-month median)April 2025: too few salesMay 2025: $770 per sq ft (3-month median)June 2025: too few salesJuly 2025: $1,064 per sq ft (3-month median)August 2025: $1,197 per sq ft (3-month median)September 2025: $1,369 per sq ft (3-month median)October 2025: $991 per sq ft (3-month median)November 2025: too few salesDecember 2025: $551 per sq ft (3-month median)January 2026: $495 per sq ft (3-month median)February 2026: $296 per sq ft (3-month median)March 2026: $535 per sq ft (3-month median)April 2026: $754 per sq ft (3-month median)May 2026: $1,096 per sq ft (3-month median)June 2026: $1,160 per sq ft (3-month median)July 2026: $827 per sq ft (3-month median)$827Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$500$1,000$1,500$2,000August 2024: $559 per sq ft (3-month median)September 2024: $559 per sq ft (3-month median)October 2024: too few salesNovember 2024: too few salesDecember 2024: too few salesJanuary 2025: $1,054 per sq ft (3-month median)February 2025: $923 per sq ft (3-month median)March 2025: $770 per sq ft (3-month median)April 2025: too few salesMay 2025: $770 per sq ft (3-month median)June 2025: too few salesJuly 2025: $1,064 per sq ft (3-month median)August 2025: $1,197 per sq ft (3-month median)September 2025: $1,369 per sq ft (3-month median)October 2025: $991 per sq ft (3-month median)November 2025: too few salesDecember 2025: $551 per sq ft (3-month median)January 2026: $495 per sq ft (3-month median)February 2026: $296 per sq ft (3-month median)March 2026: $535 per sq ft (3-month median)April 2026: $754 per sq ft (3-month median)May 2026: $1,096 per sq ft (3-month median)June 2026: $1,160 per sq ft (3-month median)July 2026: $827 per sq ft (3-month median)$827Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$559
September 2024$559
October 2024—
November 2024—
December 2024—
January 2025$1,054
February 2025$923
March 2025$770
April 2025—
May 2025$770
June 2025—
July 2025$1,064
August 2025$1,197
September 2025$1,369
October 2025$991
November 2025—
December 2025$551
January 2026$495
February 2026$296
March 2026$535
April 2026$754
May 2026$1,096
June 2026$1,160
July 2026$827

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

0100200300400August 2024: 205 construction permitsSeptember 2024: 167 construction permitsOctober 2024: 217 construction permitsNovember 2024: 156 construction permitsDecember 2024: 140 construction permitsJanuary 2025: 139 construction permitsFebruary 2025: 143 construction permitsMarch 2025: 212 construction permitsApril 2025: 219 construction permitsMay 2025: 186 construction permitsJune 2025: 169 construction permitsJuly 2025: 199 construction permitsAugust 2025: 193 construction permitsSeptember 2025: 218 construction permitsOctober 2025: 187 construction permitsNovember 2025: 150 construction permitsDecember 2025: 213 construction permitsJanuary 2026: 185 construction permitsFebruary 2026: 159 construction permitsMarch 2026: 202 construction permitsApril 2026: 237 construction permitsMay 2026: 192 construction permitsJune 2026: 274 construction permitsJuly 2026: 240 construction permits240Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
0100200300400August 2024: 205 construction permitsSeptember 2024: 167 construction permitsOctober 2024: 217 construction permitsNovember 2024: 156 construction permitsDecember 2024: 140 construction permitsJanuary 2025: 139 construction permitsFebruary 2025: 143 construction permitsMarch 2025: 212 construction permitsApril 2025: 219 construction permitsMay 2025: 186 construction permitsJune 2025: 169 construction permitsJuly 2025: 199 construction permitsAugust 2025: 193 construction permitsSeptember 2025: 218 construction permitsOctober 2025: 187 construction permitsNovember 2025: 150 construction permitsDecember 2025: 213 construction permitsJanuary 2026: 185 construction permitsFebruary 2026: 159 construction permitsMarch 2026: 202 construction permitsApril 2026: 237 construction permitsMay 2026: 192 construction permitsJune 2026: 274 construction permitsJuly 2026: 240 construction permits240Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 2024205
September 2024167
October 2024217
November 2024156
December 2024140
January 2025139
February 2025143
March 2025212
April 2025219
May 2025186
June 2025169
July 2025199
August 2025193
September 2025218
October 2025187
November 2025150
December 2025213
January 2026185
February 2026159
March 2026202
April 2026237
May 2026192
June 2026274
July 2026240

What trades here

Share of recorded sales by asset class, last 12 months.

Office: 10 sales (29%)Office29% · 10Mixed Use: 6 sales (17%)Mixed Use17% · 6Development: 6 sales (17%)Development17% · 6Multifamily: 5 sales (14%)Multifamily14% · 5Retail: 5 sales (14%)Retail14% · 5Other: 2 sales (6%)Other6% · 2Hospitality: 1 sales (3%)Hospitality3% · 1
Office: 10 sales (29%)Office29% · 10Mixed Use: 6 sales (17%)Mixed Use17% · 6Development: 6 sales (17%)Development17% · 6Multifamily: 5 sales (14%)Multifamily14% · 5Retail: 5 sales (14%)Retail14% · 5Other: 2 sales (6%)Other6% · 2Hospitality: 1 sales (3%)Hospitality3% · 1
Show the data
Asset classSales
Office10
Mixed Use6
Development6
Multifamily5
Retail5
Other2
Hospitality1

Seller distress

2% of 397 multifamily and mixed-use parcels in Financial District, Battery Park City & Tribeca carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 2% in August 2026. Citywide the figure is 2.9%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
1 Whitehall StreetOfficeJul 2026$104.5M
56 North Moore StreetSpecial PurposeMay 2026$58.5M
265 BroadwayOfficeMay 2026$30M
65 West BroadwayMultifamilyJul 2026$24M
46 Water StreetRetailJul 2026$19.5M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. Dl Rcf I Loan Holdings, LLC4 loans · $223.9M
  2. Flagstar Bank, N.A.4 loans · $87.4M
  3. Webster Bank, National Association2 loans · $76M
  4. Bdt & Msd Rslp Lending B, LLC2 loans · $44M
  5. Maxim Credit Group, LLC2 loans · $29M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. Ponte Equities INC10 parcels · 51 units
  2. Manhattan Realty Company 1, LP6 parcels · 37 units
  3. Yarrow Two LLC5 parcels · 77 units
  4. Only Properties, LLC5 parcels · 26 units
  5. Lower Manhattan Development Corporation5 parcels · 7 units
Largest Manhattan landlords → · Owner directory

Off-market deals in Financial District, Battery Park City & Tribeca

$75MPortfolio Tribeca
$5.7MMixed Use Financial District
InquireCondo Tribeca
InquireCondo Tribeca

All 9 listings in Financial District, Battery Park City & Tribeca →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Financial District, Battery Park City & Tribeca?

The median recorded sale was $726 per square foot across 28 priced income-property sales in the 12 months to July 2026, down 16.6% on the prior year.

How much do multifamily buildings sell for per unit in Financial District, Battery Park City & Tribeca?

Multifamily and mixed-use buildings sold for a median of $1.3M per residential unit in the 12 months to July 2026, across 11 recorded sales.

How many commercial real estate sales were there in Financial District, Battery Park City & Tribeca last year?

35 income-property sales worth $1B were recorded in the 12 months to July 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).

Who lends on commercial property in Financial District, Battery Park City & Tribeca?

The most active institutional lender over the last 12 months was Dl Rcf I Loan Holdings, LLC, with 4 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track Financial District, Battery Park City & Tribeca deals as they happen

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Nearby neighborhoods

Property records in Financial District, Battery Park City & Tribeca

Manhattan market · NYC market overview · Manhattan property records index · Motivated sellers · Lender directory · Property map

Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.