New York City · Commercial sale
55 Smith buys 55 Smith Street in Brooklyn for $58.08 million
A parking lot at 55 Smith Street, Brooklyn sold for $58,075,000 on July 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $58,075,000
- Sold
- July 28, 2026
- Property type
- Parking lot
- Lot size
- 13,587 sq ft
A parking lot at 55 Smith Street in Brooklyn sold for $58,075,000 on July 28, 2026, according to the New York City Department of Finance's ACRIS property records.
55 Smith LLC is the buyer. The seller is 160 Livingston Properties, LP, as listed in the record.
The NYC Department of Finance's records show the lot covers 13,587 square feet. The market value on record for the property is $2,559,000, far below the $58,075,000 price.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $1,524,468.75 for the nYC real property transfer tax (commercial/other) and $232,300 for the nY State real estate transfer tax. The seller's estimated net is $57,055,948 before brokerage commissions and any loan payoff. A cash buyer would need about $59,131,863 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026080300318002. 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.
