New York City · Commercial sale
Vital Pennsylvania Ave buys 101 Pennsylvania Ave in Brooklyn for $89.9 million
An office building at 101 Pennsylvania Ave, Brooklyn sold for $89,900,000 on July 23, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $89,900,000
- Sold
- July 23, 2026
- Property type
- Office building
- Building area
- 116,523 sq ft
- Price per sq ft
- $772
- Year built
- 2015
An office building at 101 Pennsylvania Ave in Brooklyn sold for $89,900,000, a price 54% above the $58,555,000 market value on record. The sale took place July 23, 2026, according to the New York City Department of Finance's ACRIS property records.
Atlantic 2644 Spe LLC is listed as the seller and Vital Pennsylvania Ave LP as the buyer, the record shows.
The NYC Department of Finance's records show 116,523 square feet of building area, a 2015 construction date and a 0.85-acre lot. At that size, the price works out to $772 per square foot.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $2,359,875 for the nYC real property transfer tax (commercial/other) and $359,600 for the nY State real estate transfer tax. The seller's estimated net is $85,564,071 before brokerage commissions and any loan payoff. A cash buyer would need about $91,549,850 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026072900191012. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
