New York City · Commercial sale

Parking lot at 25 Wall Street in Staten Island sells for $15.25 million

A parking lot at 25 Wall Street, Staten Island sold for $15,250,000 on August 24, 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 October 31, 2026

Sold August 24, 2026 · New York, New York

Aerial view of 25 Wall Street, Staten Island with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $15,250,000
Sold: August 24, 2026
Property type: Parking lot
Lot size: 46,096 sq ft

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgAugust 24, 2026

Seller's estimated net sheet

25 Wall Street, Staten Island

Sale price	$15,250,000
Prorations
Property tax proration (refund to seller)	$213,708.90
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$61,000
NY State additional transfer tax (NYC non-residential $2M+)	$38,125
NYC real property transfer tax (commercial/other)	$400,312.50
Other costs
Wire / courier / payoff processing	$75
Total deductions	$501,262.50
Estimated net to seller	$14,962,446.40

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NetSheet.orgAugust 24, 2026

Buyer's estimated net sheet

25 Wall Street, Staten Island

Purchase price (cash)	$15,250,000
Title and settlement
Owner's title insurance policy	$51,437.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$213,708.90
Closing costs and prepaids	$267,646.45
Estimated cash to close	$15,517,646.45

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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 ($251,625).
Title and settlement fees are typical estimates, not quotes.

Selling in Staten Island?

New York City transfer tax and closing costs

A parking lot in Staten Island sold for $15,250,000. That price is 8.9 times its market value. The deal closed on August 24, 2026, according to city property records.

The NYC Department of Finance records show a 1.06-acre lot. Its market value on record is $1,721,000.

The seller is Allied St. George LLC. The buyer is the New York City School Construction Authority.

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 $400,312.50 for the nYC real property transfer tax (commercial/other) and $61,000 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 $14,962,446. 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 $15,517,646 at closing. That covers the full price and closing costs.

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25 Wall Street, Staten Island, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026092500708001. 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.