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Belmont & East Tremont multifamily & commercial real estate market

Recorded sales, prices, construction, lending and ownership for income and commercial property in Belmont & East Tremont, updated monthly from NYC public records. Data through July 2026. Covers Belmont and Tremont.

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$202.4M112 sales, last 12 months▲ 42.6% YoY
$321Median price / sq ft▲ 4.9% YoY
$343KMedian price / unit (multifamily)▲ 23.4% YoY
22Off-market listings on Crezly now
September 2026 summary

112 income-property sales were recorded in Belmont & East Tremont over the 12 months ending July 2026, down 1.8% from the prior 12 months, while dollar volume reached $202.4M, up 42.6%. The median price per square foot was $321, up 4.9%, and the median price per residential unit for multifamily and mixed-use properties was $343K, up 23.4%. DOB construction permits totaled 516, up 12.7%. 16.9% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. Northeast Community Bank was the most active lender, with 25 mortgages recorded.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$10M$20M$30M$40MAugust 2024: $7.2M in recorded salesSeptember 2024: $12.7M in recorded salesOctober 2024: $5.4M in recorded salesNovember 2024: $12.1M in recorded salesDecember 2024: $19.7M in recorded salesJanuary 2025: $10.6M in recorded salesFebruary 2025: $6.4M in recorded salesMarch 2025: $9.1M in recorded salesApril 2025: $13.1M in recorded salesMay 2025: $14.4M in recorded salesJune 2025: $14.9M in recorded salesJuly 2025: $16.4M in recorded salesAugust 2025: $13M in recorded salesSeptember 2025: $5.7M in recorded salesOctober 2025: $7.3M in recorded salesNovember 2025: $12M in recorded salesDecember 2025: $13.8M in recorded salesJanuary 2026: $13.9M in recorded salesFebruary 2026: $4.4M in recorded salesMarch 2026: $6.3M in recorded salesApril 2026: $32.3M in recorded salesMay 2026: $26M in recorded salesJune 2026: $31.6M in recorded salesJuly 2026: $36.1M in recorded sales$36.1MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$10M$20M$30M$40MAugust 2024: $7.2M in recorded salesSeptember 2024: $12.7M in recorded salesOctober 2024: $5.4M in recorded salesNovember 2024: $12.1M in recorded salesDecember 2024: $19.7M in recorded salesJanuary 2025: $10.6M in recorded salesFebruary 2025: $6.4M in recorded salesMarch 2025: $9.1M in recorded salesApril 2025: $13.1M in recorded salesMay 2025: $14.4M in recorded salesJune 2025: $14.9M in recorded salesJuly 2025: $16.4M in recorded salesAugust 2025: $13M in recorded salesSeptember 2025: $5.7M in recorded salesOctober 2025: $7.3M in recorded salesNovember 2025: $12M in recorded salesDecember 2025: $13.8M in recorded salesJanuary 2026: $13.9M in recorded salesFebruary 2026: $4.4M in recorded salesMarch 2026: $6.3M in recorded salesApril 2026: $32.3M in recorded salesMay 2026: $26M in recorded salesJune 2026: $31.6M in recorded salesJuly 2026: $36.1M in recorded sales$36.1MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 20247$7.2M
September 202411$12.7M
October 20246$5.4M
November 202411$12.1M
December 202412$19.7M
January 20259$10.6M
February 20258$6.4M
March 20259$9.1M
April 20259$13.1M
May 202511$14.4M
June 202511$14.9M
July 202510$16.4M
August 202510$13M
September 20257$5.7M
October 20256$7.3M
November 202513$12M
December 202513$13.8M
January 202611$13.9M
February 20263$4.4M
March 20265$6.3M
April 202610$32.3M
May 202612$26M
June 202612$31.6M
July 202610$36.1M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$200$300$400August 2024: $322 per sq ft (3-month median)September 2024: $317 per sq ft (3-month median)October 2024: $317 per sq ft (3-month median)November 2024: $299 per sq ft (3-month median)December 2024: $292 per sq ft (3-month median)January 2025: $298 per sq ft (3-month median)February 2025: $309 per sq ft (3-month median)March 2025: $323 per sq ft (3-month median)April 2025: $260 per sq ft (3-month median)May 2025: $275 per sq ft (3-month median)June 2025: $312 per sq ft (3-month median)July 2025: $325 per sq ft (3-month median)August 2025: $330 per sq ft (3-month median)September 2025: $315 per sq ft (3-month median)October 2025: $326 per sq ft (3-month median)November 2025: $310 per sq ft (3-month median)December 2025: $365 per sq ft (3-month median)January 2026: $337 per sq ft (3-month median)February 2026: $335 per sq ft (3-month median)March 2026: $313 per sq ft (3-month median)April 2026: $299 per sq ft (3-month median)May 2026: $280 per sq ft (3-month median)June 2026: $300 per sq ft (3-month median)July 2026: $312 per sq ft (3-month median)$312Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$200$300$400August 2024: $322 per sq ft (3-month median)September 2024: $317 per sq ft (3-month median)October 2024: $317 per sq ft (3-month median)November 2024: $299 per sq ft (3-month median)December 2024: $292 per sq ft (3-month median)January 2025: $298 per sq ft (3-month median)February 2025: $309 per sq ft (3-month median)March 2025: $323 per sq ft (3-month median)April 2025: $260 per sq ft (3-month median)May 2025: $275 per sq ft (3-month median)June 2025: $312 per sq ft (3-month median)July 2025: $325 per sq ft (3-month median)August 2025: $330 per sq ft (3-month median)September 2025: $315 per sq ft (3-month median)October 2025: $326 per sq ft (3-month median)November 2025: $310 per sq ft (3-month median)December 2025: $365 per sq ft (3-month median)January 2026: $337 per sq ft (3-month median)February 2026: $335 per sq ft (3-month median)March 2026: $313 per sq ft (3-month median)April 2026: $299 per sq ft (3-month median)May 2026: $280 per sq ft (3-month median)June 2026: $300 per sq ft (3-month median)July 2026: $312 per sq ft (3-month median)$312Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$322
September 2024$317
October 2024$317
November 2024$299
December 2024$292
January 2025$298
February 2025$309
March 2025$323
April 2025$260
May 2025$275
June 2025$312
July 2025$325
August 2025$330
September 2025$315
October 2025$326
November 2025$310
December 2025$365
January 2026$337
February 2026$335
March 2026$313
April 2026$299
May 2026$280
June 2026$300
July 2026$312

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

020406080August 2024: 44 construction permitsSeptember 2024: 44 construction permitsOctober 2024: 38 construction permitsNovember 2024: 30 construction permitsDecember 2024: 36 construction permitsJanuary 2025: 52 construction permitsFebruary 2025: 33 construction permitsMarch 2025: 29 construction permitsApril 2025: 27 construction permitsMay 2025: 33 construction permitsJune 2025: 51 construction permitsJuly 2025: 41 construction permitsAugust 2025: 35 construction permitsSeptember 2025: 54 construction permitsOctober 2025: 40 construction permitsNovember 2025: 50 construction permitsDecember 2025: 50 construction permitsJanuary 2026: 32 construction permitsFebruary 2026: 38 construction permitsMarch 2026: 60 construction permitsApril 2026: 32 construction permitsMay 2026: 44 construction permitsJune 2026: 51 construction permitsJuly 2026: 30 construction permits30Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
020406080August 2024: 44 construction permitsSeptember 2024: 44 construction permitsOctober 2024: 38 construction permitsNovember 2024: 30 construction permitsDecember 2024: 36 construction permitsJanuary 2025: 52 construction permitsFebruary 2025: 33 construction permitsMarch 2025: 29 construction permitsApril 2025: 27 construction permitsMay 2025: 33 construction permitsJune 2025: 51 construction permitsJuly 2025: 41 construction permitsAugust 2025: 35 construction permitsSeptember 2025: 54 construction permitsOctober 2025: 40 construction permitsNovember 2025: 50 construction permitsDecember 2025: 50 construction permitsJanuary 2026: 32 construction permitsFebruary 2026: 38 construction permitsMarch 2026: 60 construction permitsApril 2026: 32 construction permitsMay 2026: 44 construction permitsJune 2026: 51 construction permitsJuly 2026: 30 construction permits30Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 202444
September 202444
October 202438
November 202430
December 202436
January 202552
February 202533
March 202529
April 202527
May 202533
June 202551
July 202541
August 202535
September 202554
October 202540
November 202550
December 202550
January 202632
February 202638
March 202660
April 202632
May 202644
June 202651
July 202630

What trades here

Share of recorded sales by asset class, last 12 months.

Multifamily: 78 sales (70%)Multifamily70% · 78Other: 11 sales (10%)Other10% · 11Industrial: 7 sales (6%)Industrial6% · 7Development: 7 sales (6%)Development6% · 7Retail: 4 sales (4%)Retail4% · 4Office: 3 sales (3%)Office3% · 3Mixed Use: 2 sales (2%)Mixed Use2% · 2
Multifamily: 78 sales (70%)Multifamily70% · 78Other: 11 sales (10%)Other10% · 11Industrial: 7 sales (6%)Industrial6% · 7Development: 7 sales (6%)Development6% · 7Retail: 4 sales (4%)Retail4% · 4Office: 3 sales (3%)Office3% · 3Mixed Use: 2 sales (2%)Mixed Use2% · 2
Show the data
Asset classSales
Multifamily78
Other11
Industrial7
Development7
Retail4
Office3
Mixed Use2

Seller distress

16.9% of 2,777 multifamily and mixed-use parcels in Belmont & East Tremont carry a Motivated-Seller Score of 10+ as of September 2026, down from 17.1% in August 2026. Citywide the figure is 2.9%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
1940 Washington AvenueDevelopment SiteJul 2026$17M
761 East Tremont AvenueRetailJun 2026$10M
1940 Webster AvenueOfficeJul 2026$8M
4121 3rd AvenueSpecial PurposeJun 2026$7.2M
897 Crotona Park NorthMultifamilyMay 2026$6.7M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. Northeast Community Bank25 loans · $142.4M
  2. JPMorgan Chase Bank, N.A.10 loans · $8.5M
  3. TD Bank NA7 loans · $132.6M
  4. Broadview Capital LLC7 loans · $10.2M
  5. Popular Bank5 loans · $33.2M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. Ahc Housing Development Fund Corporation17 parcels · 377 units
  2. Fordham University17 parcels · 23 units
  3. Daly IV Housing Development Fund Company , INC.10 parcels · 282 units
  4. New Walton Avenue Housing Development Fund10 parcels · 194 units
  5. Bx9 Bsp LLC9 parcels · 96 units
Largest Bronx landlords → · Owner directory

Off-market deals in Belmont & East Tremont

$46M99 Unit Development Site Bronx99 units
$1.3M2 Unit Development Site Bronx2 units
$1.3M13 Unit Development Site Tremont13 units
Inquire2 Family Belmont2 units

All 22 listings in Belmont & East Tremont →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Belmont & East Tremont?

The median recorded sale was $321 per square foot across 96 priced income-property sales in the 12 months to July 2026, up 4.9% on the prior year.

How much do multifamily buildings sell for per unit in Belmont & East Tremont?

Multifamily and mixed-use buildings sold for a median of $343K per residential unit in the 12 months to July 2026, across 80 recorded sales.

How many commercial real estate sales were there in Belmont & East Tremont last year?

112 income-property sales worth $202.4M were recorded in the 12 months to July 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).

Who lends on commercial property in Belmont & East Tremont?

The most active institutional lender over the last 12 months was Northeast Community Bank, with 25 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track Belmont & East Tremont deals as they happen

New sales, permits, off-market listings and distress signals, in one weekly brief.
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Nearby neighborhoods

Property records in Belmont & East Tremont

Bronx market · NYC market overview · Bronx property records index · Motivated sellers · Lender directory · Property map

Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 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.