New York City · Commercial sale

180 Spring Z buys 180 Spring Street in Manhattan for $8.8 million

A mixed-use building at 180 Spring Street, Manhattan sold for $8,800,000 on September 2, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 5, 2026

Sold September 2, 2026 · New York, New York

Aerial view of 180 Spring Street, Manhattan with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $8,800,000
Sold: September 2, 2026
Property type: Mixed-use building
Building area: 3,655 sq ft
Price per sq ft: $2,408
Year built: 1848

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 2, 2026

Seller's estimated net sheet

180 Spring Street, Manhattan

Sale price	$8,800,000
Prorations
Property tax proration (refund to seller)	$119,740.27
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$35,200
NY State additional transfer tax (NYC non-residential $2M+)	$22,000
NYC real property transfer tax (commercial/other)	$231,000
Other costs
Wire / courier / payoff processing	$75
Total deductions	$290,025
Estimated net to seller	$8,629,715.27

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NetSheet.orgSeptember 2, 2026

Buyer's estimated net sheet

180 Spring Street, Manhattan

Purchase price (cash)	$8,800,000
Title and settlement
Owner's title insurance policy	$31,497.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$119,740.27
Closing costs and prepaids	$153,737.82
Estimated cash to close	$8,953,737.82

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($145,200).
Title and settlement fees are typical estimates, not quotes.

Selling in Manhattan?

New York City transfer tax and closing costs

The $8,800,000 sale price was 2.1 times the $4,105,000 market value on record. The New York City Department of Finance's ACRIS property records show the sale closed September 2, 2026.

The deed records 180 Spring LLC as the seller and 180 Spring Z LLC as the buyer. The building is mixed-use and at 180 Spring Street in Manhattan.

NYC Department of Finance records list 3,655 square feet of building area, a 1,257-square-foot lot and a build year of 1848. The price works out to $2,408 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 $231,000 for the nYC real property transfer tax (commercial/other) and $35,200 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 $8,629,715. 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 $8,953,738 at closing. That covers the full price and closing costs.

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180 Spring Street, Manhattan, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026090400366003. 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.