Financial District, Battery Park City & Tribeca multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Financial District, Battery Park City & Tribeca, updated monthly from NYC public records. Data through September 2026. Covers Financial District, Battery Park City and Tribeca.
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$971M33 sales, last 12 months▲ 45.8% YoY
$659Median price / sq ft▼ 35.7% YoY
$1.2MMedian price / unit (multifamily)
13Off-market listings on Crezly now
November 2026 summary
33 income-property sales were recorded in Financial District, Battery Park City & Tribeca over the 12 months ending September 2026, totaling $971M in dollar volume. The sales count rose 43.5% and dollar volume rose 45.8% versus the prior 12 months. The median price per square foot was $659, down 35.7%, while the median price per residential unit across multifamily and mixed-use properties was $1.2M. DOB construction permits totaled 2,102, down 4.1%. 27.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 16.4% citywide. The most active lender, Dl Rcf I Loan Holdings, LLC, recorded 4 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
0
$0
November 2024
0
$0
December 2024
4
$151.1M
January 2025
1
$35.6M
February 2025
2
$69.2M
March 2025
3
$23.8M
April 2025
0
$0
May 2025
2
$42.7M
June 2025
1
$154.5M
July 2025
4
$90.1M
August 2025
4
$43.4M
September 2025
2
$55.5M
October 2025
4
$101.6M
November 2025
2
$8.8M
December 2025
3
$77.5M
January 2026
3
$184.7M
February 2026
3
$155.1M
March 2026
4
$98.1M
April 2026
1
$11.3M
May 2026
3
$93.4M
June 2026
1
$2.9M
July 2026
5
$170.6M
August 2026
3
$53.5M
September 2026
1
$13.5M
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
—
November 2024
—
December 2024
—
January 2025
$1,054
February 2025
$923
March 2025
$770
April 2025
—
May 2025
$770
June 2025
—
July 2025
$1,064
August 2025
$1,197
September 2025
$1,369
October 2025
$991
November 2025
—
December 2025
$551
January 2026
$495
February 2026
$296
March 2026
$535
April 2026
$754
May 2026
$1,096
June 2026
$1,160
July 2026
$827
August 2026
$500
September 2026
$415
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
217
November 2024
156
December 2024
140
January 2025
139
February 2025
143
March 2025
212
April 2025
219
May 2025
186
June 2025
169
July 2025
199
August 2025
193
September 2025
218
October 2025
187
November 2025
150
December 2025
213
January 2026
185
February 2026
159
March 2026
202
April 2026
237
May 2026
192
June 2026
274
July 2026
240
August 2026
63
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Office
10
Retail
6
Multifamily
5
Mixed Use
5
Development
4
Other
2
Hospitality
1
Seller distress
27.7% of 397 multifamily and mixed-use parcels in Financial District, Battery Park City & Tribeca carry a Motivated-Seller Score of 10+ as of November 2026, up from 2% in August 2026. Citywide the figure is 16.4%.
Financial District, Battery Park City & Tribeca
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 Financial District, Battery Park City & Tribeca?
The median recorded sale was $659 per square foot across 28 priced income-property sales in the 12 months to September 2026, down 35.7% on the prior year.
How much do multifamily buildings sell for per unit in Financial District, Battery Park City & Tribeca?
Multifamily and mixed-use buildings sold for a median of $1.2M per residential unit in the 12 months to September 2026, across 10 recorded sales.
How many commercial real estate sales were there in Financial District, Battery Park City & Tribeca last year?
33 income-property sales worth $971M 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 Financial District, Battery Park City & Tribeca?
The most active institutional lender over the last 12 months was Dl Rcf I Loan Holdings, LLC, with 4 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Financial District, Battery Park City & Tribeca 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.
