Washington Heights & Inwood multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Washington Heights & Inwood, updated monthly from NYC public records. Data through September 2026. Covers Washington Heights and Inwood.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$443.9M64 sales, last 12 months▲ 115.7% YoY
$140Median price / sq ft▼ 36.4% YoY
$99KMedian price / unit (multifamily)▼ 34.8% YoY
15Off-market listings on Crezly now
November 2026 summary
64 income-property sales were recorded in Washington Heights & Inwood over the 12 months ending September 2026, totaling $443.9M in dollar volume. The sales count rose 56.1% and dollar volume rose 115.7% against the prior 12 months. Median price per square foot was $140, down 36.4%, while the median price per residential unit across multifamily and mixed-use properties was $99K, down 34.8%. 608 DOB construction permits were issued, down 15.9%. 70.1% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 16.4% citywide. JPMorgan Chase Bank, N.A. recorded 23 mortgages, the most of any lender.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
Show the data
Month
Sales
Volume
October 2024
3
$16.2M
November 2024
5
$44.7M
December 2024
1
$975K
January 2025
1
$800K
February 2025
4
$5.2M
March 2025
2
$4.7M
April 2025
6
$20.6M
May 2025
1
$5.9M
June 2025
3
$17.2M
July 2025
3
$24.1M
August 2025
6
$32.2M
September 2025
6
$33.2M
October 2025
4
$13.2M
November 2025
3
$11.2M
December 2025
7
$31.5M
January 2026
5
$50.4M
February 2026
3
$37.4M
March 2026
3
$57.8M
April 2026
12
$69.3M
May 2026
3
$7M
June 2026
2
$8.6M
July 2026
9
$18.5M
August 2026
10
$115.7M
September 2026
3
$23.5M
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
$148
November 2024
$184
December 2024
$288
January 2025
$339
February 2025
$339
March 2025
$349
April 2025
$250
May 2025
$201
June 2025
$163
July 2025
$216
August 2025
$177
September 2025
$186
October 2025
$155
November 2025
$151
December 2025
$168
January 2026
$224
February 2026
$243
March 2026
$313
April 2026
$89
May 2026
$89
June 2026
$89
July 2026
$240
August 2026
$119
September 2026
$134
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
Show the data
Month
Permits
October 2024
59
November 2024
41
December 2024
40
January 2025
58
February 2025
51
March 2025
62
April 2025
72
May 2025
65
June 2025
74
July 2025
64
August 2025
68
September 2025
69
October 2025
66
November 2025
50
December 2025
61
January 2026
30
February 2026
51
March 2026
68
April 2026
67
May 2026
71
June 2026
66
July 2026
59
August 2026
19
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
Show the data
Asset class
Sales
Multifamily
52
Other
5
Retail
3
Mixed Use
3
Industrial
1
Seller distress
70.1% of 1,969 multifamily and mixed-use parcels in Washington Heights & Inwood carry a Motivated-Seller Score of 10+ as of November 2026, up from 33.3% in August 2026. Citywide the figure is 16.4%.
Washington Heights & Inwood
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 Washington Heights & Inwood?
The median recorded sale was $140 per square foot across 61 priced income-property sales in the 12 months to September 2026, down 36.4% on the prior year.
How much do multifamily buildings sell for per unit in Washington Heights & Inwood?
Multifamily and mixed-use buildings sold for a median of $99K per residential unit in the 12 months to September 2026, across 55 recorded sales.
How many commercial real estate sales were there in Washington Heights & Inwood last year?
64 income-property sales worth $443.9M 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 Washington Heights & Inwood?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 23 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Washington Heights & Inwood 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.
