Morrisania & Crotona Park East multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Morrisania & Crotona Park East, updated monthly from NYC public records. Data through September 2026. Covers Morrisania.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$100.5M71 sales, last 12 months▼ 46.5% YoY
$317Median price / sq ft▲ 20.1% YoY
$333KMedian price / unit (multifamily)▲ 14% YoY
7Off-market listings on Crezly now
October 2026 summary
71 income-property sales were recorded in Morrisania & Crotona Park East in the 12 months ending September 2026, totaling $100.5M in dollar volume. Sales count was down 29.7% and dollar volume down 46.5% versus the prior 12 months. The median price per square foot was $317, up 20.1%, while the median price per residential unit for multifamily and mixed-use properties was $333K, up 14%. 356 DOB construction permits were issued, down 16.2%. 14.8% of multifamily/mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. Homebridge Financial Services, INC. recorded 6 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.
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Month
Sales
Volume
October 2024
5
$14M
November 2024
7
$10M
December 2024
7
$47M
January 2025
9
$7.4M
February 2025
5
$5.3M
March 2025
14
$22.6M
April 2025
10
$13.8M
May 2025
3
$2.3M
June 2025
11
$26.8M
July 2025
9
$8.7M
August 2025
13
$14M
September 2025
8
$15.9M
October 2025
7
$15.2M
November 2025
6
$5.8M
December 2025
7
$10.5M
January 2026
4
$2.6M
February 2026
8
$10.6M
March 2026
10
$10.7M
April 2026
3
$2.6M
May 2026
6
$7.2M
June 2026
1
$1.5M
July 2026
8
$23.6M
August 2026
5
$4.9M
September 2026
6
$5.2M
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
$267
November 2024
$285
December 2024
$292
January 2025
$296
February 2025
$294
March 2025
$261
April 2025
$252
May 2025
$229
June 2025
$246
July 2025
$257
August 2025
$304
September 2025
$303
October 2025
$305
November 2025
$271
December 2025
$279
January 2026
$279
February 2026
$279
March 2026
$307
April 2026
$330
May 2026
$358
June 2026
$418
July 2026
$338
August 2026
$339
September 2026
$333
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
25
November 2024
33
December 2024
40
January 2025
28
February 2025
43
March 2025
42
April 2025
48
May 2025
26
June 2025
40
July 2025
49
August 2025
28
September 2025
23
October 2025
41
November 2025
49
December 2025
43
January 2026
33
February 2026
18
March 2026
33
April 2026
30
May 2026
38
June 2026
34
July 2026
30
August 2026
7
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
5
Mixed Use
3
Retail
3
Other
2
Industrial
2
Seller distress
14.8% of 2,277 multifamily and mixed-use parcels in Morrisania & Crotona Park East carry a Motivated-Seller Score of 10+ as of October 2026, down from 15.9% in August 2026. Citywide the figure is 2.8%.
Morrisania & Crotona Park East
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 Morrisania & Crotona Park East?
The median recorded sale was $317 per square foot across 65 priced income-property sales in the 12 months to September 2026, up 20.1% on the prior year.
How much do multifamily buildings sell for per unit in Morrisania & Crotona Park East?
Multifamily and mixed-use buildings sold for a median of $333K per residential unit in the 12 months to September 2026, across 59 recorded sales.
How many commercial real estate sales were there in Morrisania & Crotona Park East last year?
71 income-property sales worth $100.5M 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 Morrisania & Crotona Park East?
The most active institutional lender over the last 12 months was Homebridge Financial Services, INC., with 6 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Morrisania & Crotona Park East 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.
