New York City · Commercial sale
Broadway Plaza II buys 1150 Broadway in Brooklyn for $23.5 million
A shopping center at 1150 Broadway, Brooklyn sold for $23,500,000 on July 30, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $23,500,000
- Sold
- July 30, 2026
- Property type
- Shopping center
- Building area
- 10,435 sq ft
- Price per sq ft
- $2,252
- Year built
- 2002
A shopping center at 1150 Broadway in Brooklyn sold for $23,500,000—5.5 times its $4,236,000 market value on record—according to the New York City Department of Finance's ACRIS property records. The sale closed July 30, 2026.
The deed conveys 2 parcels, with 1150 Broadway identified as the largest. It lists A Plus Realty Corp. as the seller and Broadway Plaza II LLC as the buyer.
New York City Department of Finance records show 10,435 square feet of building area, a 2002 construction date and a 0.54-acre lot. At that size, the price works out to $2,252 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 $616,875 for the nYC real property transfer tax (commercial/other) and $94,000 for the nY State real estate transfer tax. The seller's estimated net is $23,084,430 before brokerage commissions and any loan payoff. A cash buyer would need about $23,932,588 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026080500650001. 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.
