Mott Haven, Melrose & Port Morris multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Mott Haven, Melrose & Port Morris, updated monthly from NYC public records. Data through September 2026. Covers Mott Haven, Melrose and Port Morris.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$221.8M82 sales, last 12 months▲ 27.5% YoY
$346Median price / sq ft▲ 13.8% YoY
$338KMedian price / unit (multifamily)▲ 33.6% YoY
13Off-market listings on Crezly now
November 2026 summary
82 income-property sales were recorded in Mott Haven, Melrose & Port Morris over the 12 months ending September 2026, up 18.8% from the prior 12 months, with dollar volume of $221.8M, up 27.5%. The median price per square foot was $346, up 13.8%, and the median price per residential unit for multifamily and mixed-use properties was $338K, up 33.6%. 414 DOB construction permits were issued, down 25.9%. 35.2% of multifamily and mixed-use parcels carry a Motivated-Seller Score of 10 or higher, compared with 16.4% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 8 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
3
$11.6M
November 2024
4
$3.5M
December 2024
4
$32.2M
January 2025
13
$25.8M
February 2025
4
$3.2M
March 2025
8
$21.1M
April 2025
7
$16.2M
May 2025
3
$2.1M
June 2025
7
$15.9M
July 2025
2
$1.4M
August 2025
7
$6.3M
September 2025
7
$34.7M
October 2025
6
$6.1M
November 2025
8
$14.3M
December 2025
9
$31.3M
January 2026
4
$6.7M
February 2026
6
$50.1M
March 2026
5
$17.2M
April 2026
8
$6.7M
May 2026
9
$23.2M
June 2026
4
$33M
July 2026
17
$25.8M
August 2026
3
$2.3M
September 2026
3
$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
$326
November 2024
$324
December 2024
$305
January 2025
$303
February 2025
$267
March 2025
$292
April 2025
$244
May 2025
$295
June 2025
$304
July 2025
$370
August 2025
$367
September 2025
$345
October 2025
$371
November 2025
$430
December 2025
$418
January 2026
$400
February 2026
$312
March 2026
$291
April 2026
$302
May 2026
$324
June 2026
$345
July 2026
$335
August 2026
$347
September 2026
$347
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
45
November 2024
48
December 2024
40
January 2025
60
February 2025
45
March 2025
41
April 2025
50
May 2025
58
June 2025
47
July 2025
45
August 2025
35
September 2025
45
October 2025
46
November 2025
27
December 2025
43
January 2026
35
February 2026
40
March 2026
47
April 2026
35
May 2026
41
June 2026
30
July 2026
58
August 2026
12
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
52
Retail
10
Other
8
Industrial
6
Development
4
Mixed Use
2
Seller distress
35.2% of 2,119 multifamily and mixed-use parcels in Mott Haven, Melrose & Port Morris carry a Motivated-Seller Score of 10+ as of November 2026, up from 14.5% in August 2026. Citywide the figure is 16.4%.
Mott Haven, Melrose & Port Morris
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 Mott Haven, Melrose & Port Morris?
The median recorded sale was $346 per square foot across 71 priced income-property sales in the 12 months to September 2026, up 13.8% on the prior year.
How much do multifamily buildings sell for per unit in Mott Haven, Melrose & Port Morris?
Multifamily and mixed-use buildings sold for a median of $338K per residential unit in the 12 months to September 2026, across 54 recorded sales.
How many commercial real estate sales were there in Mott Haven, Melrose & Port Morris last year?
82 income-property sales worth $221.8M 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 Mott Haven, Melrose & Port Morris?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 8 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Mott Haven, Melrose & Port Morris 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.
