High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Outer  + Apartments  | 

NYC Q1 2026 Investment Sales Volume Posts 50% Increase Over Q1 2024

New York City’s investment sales market recorded $6.8 billion in dollar volume in the first quarter of 2026, a 4% year-over-year increase and a 50% increase over Q1 2024 levels, Ariel Property Advisors reported. Led by free-market properties, multifamily dollar volume rose 11% Y-O-Y, according to Ariel’s New York City All Asset Investment Sales Report Q1 2026.

“New York City’s investment sales market got off to a robust start in 2026, with dollar volume up 50% from two years ago,” said Shimon Shkury, president and founder of Ariel Property Advisors. “While we see a clear bifurcation in the multifamily sector—with free-market assets thriving and rent-stabilized portfolios continuing a painful repricing—the broader investment landscape is gaining significant momentum.”

He continued, “With development filings hitting a 12-year high in March and institutional conviction returning to the office, hotel and industrial sectors, it is evident that capital is no longer sitting on the sidelines; it is actively positioning for the city’s next growth cycle.”

Connect

Inside The Story

Ariel Property Advisors

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition