Central Harlem multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Central Harlem, updated monthly from NYC public records. Data through September 2026. Covers Harlem.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$245.2M73 sales, last 12 months▲ 91.7% YoY
$375Median price / sq ft▼ 18.8% YoY
$299KMedian price / unit (multifamily)▼ 34.8% YoY
47Off-market listings on Crezly now
October 2026 summary
Central Harlem recorded 73 income-property sales in the 12 months ending September 2026, totaling $245.2M in dollar volume. Sales count rose 35.2% and dollar volume rose 91.7% versus the prior 12 months. The median price per square foot was $375, down 18.8%, while the median price per residential unit for multifamily and mixed-use properties was $299K, down 34.8%. DOB construction permits totaled 611, down 33.5%. 15.5% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. Webster Bank, National Association was the most active lender, with 13 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
4
$8.3M
November 2024
3
$6.6M
December 2024
9
$33.3M
January 2025
4
$6.6M
February 2025
2
$4.2M
March 2025
4
$6.7M
April 2025
7
$16.5M
May 2025
3
$7.2M
June 2025
6
$18.7M
July 2025
5
$11M
August 2025
2
$2.1M
September 2025
5
$6.7M
October 2025
6
$14.6M
November 2025
5
$7.7M
December 2025
7
$11.7M
January 2026
4
$93.4M
February 2026
8
$14.4M
March 2026
3
$3.2M
April 2026
6
$22.7M
May 2026
5
$10.7M
June 2026
17
$42.5M
July 2026
5
$8.6M
August 2026
3
$7.8M
September 2026
4
$7.8M
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
$531
November 2024
$531
December 2024
$531
January 2025
$451
February 2025
$380
March 2025
$429
April 2025
$432
May 2025
$437
June 2025
$463
July 2025
$543
August 2025
$463
September 2025
$458
October 2025
$496
November 2025
$496
December 2025
$477
January 2026
$403
February 2026
$385
March 2026
$367
April 2026
$447
May 2026
$387
June 2026
$376
July 2026
$309
August 2026
$356
September 2026
$285
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
133
November 2024
93
December 2024
66
January 2025
72
February 2025
83
March 2025
103
April 2025
63
May 2025
65
June 2025
66
July 2025
68
August 2025
51
September 2025
56
October 2025
62
November 2025
52
December 2025
47
January 2026
49
February 2026
34
March 2026
78
April 2026
66
May 2026
66
June 2026
95
July 2026
47
August 2026
15
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
56
Development
4
Other
4
Mixed Use
4
Retail
3
Industrial
1
Office
1
Seller distress
15.5% of 3,198 multifamily and mixed-use parcels in Central Harlem carry a Motivated-Seller Score of 10+ as of October 2026, down from 17.1% in August 2026. Citywide the figure is 2.8%.
Central Harlem
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 Central Harlem?
The median recorded sale was $375 per square foot across 68 priced income-property sales in the 12 months to September 2026, down 18.8% on the prior year.
How much do multifamily buildings sell for per unit in Central Harlem?
Multifamily and mixed-use buildings sold for a median of $299K per residential unit in the 12 months to September 2026, across 60 recorded sales.
How many commercial real estate sales were there in Central Harlem last year?
73 income-property sales worth $245.2M 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 Central Harlem?
The most active institutional lender over the last 12 months was Webster Bank, National Association, with 13 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Central Harlem 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.
