New York City · Commercial sale
14 Vesey Prop Co buys 14 Vesey Street in Manhattan for $13.5 million
An office building at 14 Vesey Street, Manhattan sold for $13,500,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $13,500,000
- Sold
- September 3, 2026
- Property type
- Office building
- Building area
- 30,000 sq ft
- Price per sq ft
- $450
- Year built
- 1930
An office building in Manhattan sold for 2.2 times its market value. The sale price was $13,500,000. The market value on record is $6,175,000.
The buyer is 14 Vesey Prop Co, LLC. The seller is Jtre 14 Vesey LLC and Albert Togut, As Chapter 11 Trustee. The sale closed on September 3, 2026, at 14 Vesey Street.
City property records show 30,000 square feet of building area. The lot is 7,583 square feet. The building went up in 1930. The price works out to $450 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in New York City?
By our estimate, the seller's two largest charges, not counting prorations, were $354,375 for the nYC real property transfer tax (commercial/other) and $54,000 for the nY State real estate transfer tax. Who pays what follows New York City custom.
How much did the seller net?
By our estimate, the seller netted about $13,239,132. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $13,731,725 at closing. That covers the full price and closing costs.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026090400551002. 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.