Soundview, Parkchester & Castle Hill multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Soundview, Parkchester & Castle Hill, updated monthly from NYC public records. Data through September 2026. Covers Soundview, Castle Hill and Parkchester.
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$367.7M260 sales, last 12 months▼ 11% YoY
$341Median price / sq ft▲ 2.4% YoY
$332KMedian price / unit (multifamily)▲ 1.6% YoY
24Off-market listings on Crezly now
October 2026 summary
260 income-property sales were recorded in Soundview, Parkchester & Castle Hill over the 12 months ending September 2026, up 17.1% from the prior 12 months, while dollar volume of those sales reached $367.7M, down 11%. The median price per square foot was $341, up 2.4%, and the median price per residential unit across multifamily and mixed-use properties was $332K, up 1.6%. DOB construction permits totaled 626, down 7%. 3.5% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. The most active lender, Nationwide Mortgage Bankers, INC., recorded 14 mortgages.
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
23
$43.9M
November 2024
29
$40.9M
December 2024
19
$33.1M
January 2025
14
$18.3M
February 2025
10
$7.9M
March 2025
18
$19.9M
April 2025
21
$16.7M
May 2025
19
$90.7M
June 2025
25
$88.9M
July 2025
21
$18.7M
August 2025
15
$27.5M
September 2025
8
$6.6M
October 2025
18
$17.3M
November 2025
27
$48.8M
December 2025
24
$48.3M
January 2026
25
$30.2M
February 2026
17
$19.7M
March 2026
13
$41.4M
April 2026
24
$30.4M
May 2026
19
$18.3M
June 2026
20
$40.7M
July 2026
26
$29M
August 2026
16
$12.7M
September 2026
31
$30.9M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
Show the data
Month
Median $/sf (3-mo)
October 2024
$320
November 2024
$323
December 2024
$325
January 2025
$341
February 2025
$348
March 2025
$343
April 2025
$335
May 2025
$328
June 2025
$324
July 2025
$326
August 2025
$327
September 2025
$333
October 2025
$327
November 2025
$363
December 2025
$356
January 2026
$350
February 2026
$338
March 2026
$340
April 2026
$346
May 2026
$354
June 2026
$354
July 2026
$330
August 2026
$317
September 2026
$313
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
36
November 2024
50
December 2024
41
January 2025
72
February 2025
59
March 2025
56
April 2025
68
May 2025
50
June 2025
74
July 2025
64
August 2025
61
September 2025
42
October 2025
76
November 2025
47
December 2025
56
January 2026
47
February 2026
61
March 2026
55
April 2026
81
May 2026
71
June 2026
66
July 2026
50
August 2026
16
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
Show the data
Asset class
Sales
Multifamily
232
Other
8
Development
6
Retail
6
Mixed Use
6
Industrial
2
Seller distress
3.5% of 7,866 multifamily and mixed-use parcels in Soundview, Parkchester & Castle Hill carry a Motivated-Seller Score of 10+ as of October 2026, down from 3.6% in August 2026. Citywide the figure is 2.8%.
Soundview, Parkchester & Castle Hill
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 Soundview, Parkchester & Castle Hill?
The median recorded sale was $341 per square foot across 250 priced income-property sales in the 12 months to September 2026, up 2.4% on the prior year.
How much do multifamily buildings sell for per unit in Soundview, Parkchester & Castle Hill?
Multifamily and mixed-use buildings sold for a median of $332K per residential unit in the 12 months to September 2026, across 238 recorded sales.
How many commercial real estate sales were there in Soundview, Parkchester & Castle Hill last year?
260 income-property sales worth $367.7M 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 Soundview, Parkchester & Castle Hill?
The most active institutional lender over the last 12 months was Nationwide Mortgage Bankers, INC., with 14 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Soundview, Parkchester & Castle Hill 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.
