Throgs Neck, Co-op City & Pelham Bay multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Throgs Neck, Co-op City & Pelham Bay, updated monthly from NYC public records. Data through September 2026. Covers Throggs Neck, Co-op City, Pelham Bay, City Island and Country Club.
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$463.2M279 sales, last 12 months▲ 51.8% YoY
$395Median price / sq ft▲ 6.2% YoY
$400KMedian price / unit (multifamily)▲ 2.9% YoY
5Off-market listings on Crezly now
November 2026 summary
279 income-property sales were recorded in Throgs Neck, Co-op City & Pelham Bay over the 12 months ending September 2026, down 0.7% from the prior 12 months, while dollar volume reached $463.2M, up 51.8%. The median price per square foot was $395, up 6.2%, and the median price per residential unit for multifamily and mixed-use properties was $400K, up 2.9%. 472 DOB construction permits were issued, down 18.9%. 9.8% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 16.4% citywide. Rocket Mortgage, LLC was the most active lender, with 29 mortgages recorded.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
October 2024
18
$16.3M
November 2024
22
$36.4M
December 2024
28
$29.1M
January 2025
19
$25M
February 2025
24
$19.3M
March 2025
26
$22.1M
April 2025
26
$21.9M
May 2025
15
$27.9M
June 2025
25
$19.1M
July 2025
30
$33.7M
August 2025
24
$30.3M
September 2025
24
$23.9M
October 2025
29
$37.8M
November 2025
25
$23.8M
December 2025
28
$30.3M
January 2026
18
$25.6M
February 2026
21
$174.8M
March 2026
17
$14.2M
April 2026
25
$31.5M
May 2026
19
$21.3M
June 2026
33
$37.1M
July 2026
20
$25.1M
August 2026
20
$21.7M
September 2026
24
$20M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
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Month
Median $/sf (3-mo)
October 2024
$370
November 2024
$401
December 2024
$386
January 2025
$383
February 2025
$376
March 2025
$370
April 2025
$356
May 2025
$341
June 2025
$331
July 2025
$333
August 2025
$362
September 2025
$413
October 2025
$421
November 2025
$376
December 2025
$368
January 2026
$367
February 2026
$373
March 2026
$432
April 2026
$442
May 2026
$438
June 2026
$416
July 2026
$407
August 2026
$419
September 2026
$403
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
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Month
Permits
October 2024
55
November 2024
35
December 2024
33
January 2025
57
February 2025
30
March 2025
41
April 2025
52
May 2025
71
June 2025
58
July 2025
54
August 2025
40
September 2025
56
October 2025
54
November 2025
49
December 2025
38
January 2026
39
February 2026
24
March 2026
44
April 2026
51
May 2026
43
June 2026
51
July 2026
65
August 2026
14
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
243
Mixed Use
15
Retail
8
Other
7
Development
3
Industrial
2
Hospitality
1
Seller distress
9.8% of 7,473 multifamily and mixed-use parcels in Throgs Neck, Co-op City & Pelham Bay carry a Motivated-Seller Score of 10+ as of November 2026, up from 1.6% in August 2026. Citywide the figure is 16.4%.
Throgs Neck, Co-op City & Pelham Bay
NYC
The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.
What is the price per square foot for commercial and multifamily property in Throgs Neck, Co-op City & Pelham Bay?
The median recorded sale was $395 per square foot across 275 priced income-property sales in the 12 months to September 2026, up 6.2% on the prior year.
How much do multifamily buildings sell for per unit in Throgs Neck, Co-op City & Pelham Bay?
Multifamily and mixed-use buildings sold for a median of $400K per residential unit in the 12 months to September 2026, across 258 recorded sales.
How many commercial real estate sales were there in Throgs Neck, Co-op City & Pelham Bay last year?
279 income-property sales worth $463.2M were recorded in the 12 months to September 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in Throgs Neck, Co-op City & Pelham Bay?
The most active institutional lender over the last 12 months was Rocket Mortgage, LLC, with 29 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Throgs Neck, Co-op City & Pelham Bay deals as they happen
New sales, permits, off-market listings and distress signals, in one weekly brief.
Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through September 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.
