New York City · Commercial sale

385 Bleecker Owner buys 385 Bleecker Street in Manhattan for $10 million

A mixed-use building at 385 Bleecker Street, Manhattan sold for $9,999,990 on August 20, 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 4, 2026

Sold August 20, 2026 · New York, New York

Aerial view of 385 Bleecker 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: $9,999,990
Sold: August 20, 2026
Property type: Mixed-use building
Building area: 2,576 sq ft
Year built: 1818

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgAugust 20, 2026

Seller's estimated net sheet

385 Bleecker Street, Manhattan

Sale price	$9,999,990
Prorations
Property tax proration (refund to seller)	$141,945.07
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$40,000
NY State additional transfer tax (NYC non-residential $2M+)	$25,000
NYC real property transfer tax (commercial/other)	$262,499.74
Other costs
Wire / courier / payoff processing	$75
Total deductions	$329,324.74
Estimated net to seller	$9,812,610.33

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NetSheet.orgAugust 20, 2026

Buyer's estimated net sheet

385 Bleecker Street, Manhattan

Purchase price (cash)	$9,999,990
Title and settlement
Owner's title insurance policy	$35,397.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$141,945.07
Closing costs and prepaids	$179,842.62
Estimated cash to close	$10,179,832.62

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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 ($165,000).
Title and settlement fees are typical estimates, not quotes.

Selling in Manhattan?

New York City transfer tax and closing costs

A mixed-use building at 385 Bleecker Street in Manhattan sold for $9,999,990 on August 20, 2026, according to the New York City Department of Finance's ACRIS property records.

The record lists Valletta, As Trustee, Amber E and Amber E. Valletta Trust Dtd April 3, 2007 as the seller and 385 Bleecker Owner LLC as the buyer.

The NYC Department of Finance's records show 2,576 square feet of building area, a build year of 1818 and a 723-square-foot lot. The market value on record is $5,901,000. The sale price is 69% above that.

This summary was generated automatically from public sales records. 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 $262,499.74 for the nYC real property transfer tax (commercial/other) and $40,000 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 $9,812,610. 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 $10,179,833 at closing. That covers the full price and closing costs.

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385 Bleecker Street, Manhattan, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026082100474001. 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.