New York City · Commercial sale
500 Columbus SP buys 500 Columbus Avenue in Manhattan for $28 million
An apartment building at 500 Columbus Avenue, Manhattan sold for $28,000,000 on July 29, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $28,000,000
- Sold
- July 29, 2026
- Property type
- Apartment building
- Building area
- 35,258 sq ft
- Price per sq ft
- $794
- Year built
- 1895
At $28,000,000, the sale price was 4.8 times the $5,876,000 market value on record, according to the New York City Department of Finance's ACRIS property records.
The apartment building at 500 Columbus Avenue in Manhattan sold on July 29, 2026. The record lists CKMR Corporation as the seller and 500 Columbus SP LLC as the buyer.
The NYC Department of Finance's records show 35,258 square feet of building area, a 1895 construction date and a 10,217-square-foot lot. The price works out to $794 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 $735,000 for the nYC real property transfer tax (commercial/other) and $112,000 for the nY State real estate transfer tax. The seller's estimated net is $27,506,468 before brokerage commissions and any loan payoff. A cash buyer would need about $28,514,421 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026072901057001. 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.
