Bedford Park, Norwood & Fordham multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Bedford Park, Norwood & Fordham, updated monthly from NYC public records. Data through September 2026. Covers Bedford Park, Norwood and Fordham.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$188.7M98 sales, last 12 months▼ 39.8% YoY
$316Median price / sq ft▲ 43% YoY
$337KMedian price / unit (multifamily)▲ 52% YoY
12Off-market listings on Crezly now
November 2026 summary
98 income-property sales were recorded in Bedford Park, Norwood & Fordham in the 12 months ending September 2026, down 14.8% from the prior 12 months, with dollar volume of $188.7M, down 39.8%. The median price per square foot was $316, up 43%, and the median price per residential unit across multifamily and mixed-use properties was $337K, up 52%. DOB construction permits totaled 486, up 6.1%. 47.8% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 16.4% citywide. Northeast Community Bank was the most active lender, recording 11 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
7
$13.3M
November 2024
4
$14.5M
December 2024
7
$6.5M
January 2025
8
$25.5M
February 2025
13
$31.3M
March 2025
10
$9.2M
April 2025
11
$59M
May 2025
25
$98.8M
June 2025
7
$8.4M
July 2025
5
$12.4M
August 2025
10
$17.8M
September 2025
8
$17M
October 2025
3
$10.3M
November 2025
6
$10M
December 2025
6
$5.7M
January 2026
9
$13.1M
February 2026
2
$1.4M
March 2026
13
$22M
April 2026
4
$9M
May 2026
6
$7.4M
June 2026
14
$47.1M
July 2026
17
$36.5M
August 2026
7
$14.2M
September 2026
11
$12M
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
$265
November 2024
$256
December 2024
$253
January 2025
$290
February 2025
$290
March 2025
$300
April 2025
$270
May 2025
$93
June 2025
$92
July 2025
$88
August 2025
$257
September 2025
$270
October 2025
$278
November 2025
$278
December 2025
$294
January 2026
$294
February 2026
$294
March 2026
$336
April 2026
$336
May 2026
$336
June 2026
$326
July 2026
$292
August 2026
$315
September 2026
$301
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
35
November 2024
34
December 2024
36
January 2025
39
February 2025
34
March 2025
36
April 2025
27
May 2025
48
June 2025
36
July 2025
42
August 2025
45
September 2025
46
October 2025
47
November 2025
49
December 2025
44
January 2026
58
February 2026
35
March 2026
33
April 2026
48
May 2026
62
June 2026
56
July 2026
42
August 2026
12
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
Show the data
Asset class
Sales
Multifamily
75
Mixed Use
7
Other
7
Retail
6
Office
1
Industrial
1
Development
1
Seller distress
47.8% of 2,447 multifamily and mixed-use parcels in Bedford Park, Norwood & Fordham carry a Motivated-Seller Score of 10+ as of November 2026, up from 23.1% in August 2026. Citywide the figure is 16.4%.
Bedford Park, Norwood & Fordham
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 Bedford Park, Norwood & Fordham?
The median recorded sale was $316 per square foot across 95 priced income-property sales in the 12 months to September 2026, up 43% on the prior year.
How much do multifamily buildings sell for per unit in Bedford Park, Norwood & Fordham?
Multifamily and mixed-use buildings sold for a median of $337K per residential unit in the 12 months to September 2026, across 82 recorded sales.
How many commercial real estate sales were there in Bedford Park, Norwood & Fordham last year?
98 income-property sales worth $188.7M 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 Bedford Park, Norwood & Fordham?
The most active institutional lender over the last 12 months was Northeast Community Bank, with 11 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Bedford Park, Norwood & Fordham 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.
