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East Harlem multifamily & commercial real estate market

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

Get new sales, permits and off-market deals here in your weekly Pulse brief.
$187.6M53 sales, last 12 months▼ 25.9% YoY
$355Median price / sq ft▼ 23.5% YoY
$225KMedian price / unit (multifamily)▼ 51.4% YoY
22Off-market listings on Crezly now
September 2026 summary

53 income-property sales were recorded in East Harlem over the 12 months ending July 2026, totaling $187.6M. The sales count rose 20.5% versus the prior 12 months, while dollar volume fell 25.9%. The median price per square foot was $355, down 23.5%, and the median price per residential unit across multifamily and mixed-use properties was $225K, down 51.4%. DOB construction permits issued totaled 790, unchanged from the prior 12 months. 13.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 14 mortgages recorded.

Market trends

Recorded sales volume by month

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

$0$25M$50M$75M$100MAugust 2024: $4.7M in recorded salesSeptember 2024: $2.2M in recorded salesOctober 2024: $4.5M in recorded salesNovember 2024: $1.9M in recorded salesDecember 2024: $78.4M in recorded salesJanuary 2025: $93.1M in recorded salesFebruary 2025: $13.1M in recorded salesMarch 2025: $7M in recorded salesApril 2025: $22.9M in recorded salesMay 2025: $7.8M in recorded salesJune 2025: $11.2M in recorded salesJuly 2025: $6.3M in recorded salesAugust 2025: $11.3M in recorded salesSeptember 2025: $9.3M in recorded salesOctober 2025: $4.7M in recorded salesNovember 2025: $50M in recorded salesDecember 2025: $45.9M in recorded salesJanuary 2026: $12.7M in recorded salesFebruary 2026: $4.4M in recorded salesMarch 2026: $2.7M in recorded salesApril 2026: $10.3M in recorded salesMay 2026: $22.2M in recorded salesJune 2026: $11.6M in recorded salesJuly 2026: $2.5M in recorded sales$2.5MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$25M$50M$75M$100MAugust 2024: $4.7M in recorded salesSeptember 2024: $2.2M in recorded salesOctober 2024: $4.5M in recorded salesNovember 2024: $1.9M in recorded salesDecember 2024: $78.4M in recorded salesJanuary 2025: $93.1M in recorded salesFebruary 2025: $13.1M in recorded salesMarch 2025: $7M in recorded salesApril 2025: $22.9M in recorded salesMay 2025: $7.8M in recorded salesJune 2025: $11.2M in recorded salesJuly 2025: $6.3M in recorded salesAugust 2025: $11.3M in recorded salesSeptember 2025: $9.3M in recorded salesOctober 2025: $4.7M in recorded salesNovember 2025: $50M in recorded salesDecember 2025: $45.9M in recorded salesJanuary 2026: $12.7M in recorded salesFebruary 2026: $4.4M in recorded salesMarch 2026: $2.7M in recorded salesApril 2026: $10.3M in recorded salesMay 2026: $22.2M in recorded salesJune 2026: $11.6M in recorded salesJuly 2026: $2.5M in recorded sales$2.5MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 20241$4.7M
September 20241$2.2M
October 20242$4.5M
November 20241$1.9M
December 20244$78.4M
January 20257$93.1M
February 20256$13.1M
March 20253$7M
April 20256$22.9M
May 20254$7.8M
June 20255$11.2M
July 20254$6.3M
August 20255$11.3M
September 20256$9.3M
October 20253$4.7M
November 20251$50M
December 202513$45.9M
January 20264$12.7M
February 20262$4.4M
March 20262$2.7M
April 20266$10.3M
May 20264$22.2M
June 20266$11.6M
July 20261$2.5M

Median price per square foot

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

$200$400$600$800August 2024: $454 per sq ft (3-month median)September 2024: too few salesOctober 2024: too few salesNovember 2024: too few salesDecember 2024: $464 per sq ft (3-month median)January 2025: $464 per sq ft (3-month median)February 2025: $502 per sq ft (3-month median)March 2025: $464 per sq ft (3-month median)April 2025: $437 per sq ft (3-month median)May 2025: $440 per sq ft (3-month median)June 2025: $484 per sq ft (3-month median)July 2025: $484 per sq ft (3-month median)August 2025: $436 per sq ft (3-month median)September 2025: $389 per sq ft (3-month median)October 2025: $332 per sq ft (3-month median)November 2025: $388 per sq ft (3-month median)December 2025: $290 per sq ft (3-month median)January 2026: $416 per sq ft (3-month median)February 2026: $334 per sq ft (3-month median)March 2026: $295 per sq ft (3-month median)April 2026: $304 per sq ft (3-month median)May 2026: $318 per sq ft (3-month median)June 2026: $366 per sq ft (3-month median)July 2026: $373 per sq ft (3-month median)$373Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$200$400$600$800August 2024: $454 per sq ft (3-month median)September 2024: too few salesOctober 2024: too few salesNovember 2024: too few salesDecember 2024: $464 per sq ft (3-month median)January 2025: $464 per sq ft (3-month median)February 2025: $502 per sq ft (3-month median)March 2025: $464 per sq ft (3-month median)April 2025: $437 per sq ft (3-month median)May 2025: $440 per sq ft (3-month median)June 2025: $484 per sq ft (3-month median)July 2025: $484 per sq ft (3-month median)August 2025: $436 per sq ft (3-month median)September 2025: $389 per sq ft (3-month median)October 2025: $332 per sq ft (3-month median)November 2025: $388 per sq ft (3-month median)December 2025: $290 per sq ft (3-month median)January 2026: $416 per sq ft (3-month median)February 2026: $334 per sq ft (3-month median)March 2026: $295 per sq ft (3-month median)April 2026: $304 per sq ft (3-month median)May 2026: $318 per sq ft (3-month median)June 2026: $366 per sq ft (3-month median)July 2026: $373 per sq ft (3-month median)$373Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$454
September 2024—
October 2024—
November 2024—
December 2024$464
January 2025$464
February 2025$502
March 2025$464
April 2025$437
May 2025$440
June 2025$484
July 2025$484
August 2025$436
September 2025$389
October 2025$332
November 2025$388
December 2025$290
January 2026$416
February 2026$334
March 2026$295
April 2026$304
May 2026$318
June 2026$366
July 2026$373

Construction permits issued

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

0255075100August 2024: 98 construction permitsSeptember 2024: 71 construction permitsOctober 2024: 69 construction permitsNovember 2024: 53 construction permitsDecember 2024: 55 construction permitsJanuary 2025: 70 construction permitsFebruary 2025: 62 construction permitsMarch 2025: 79 construction permitsApril 2025: 61 construction permitsMay 2025: 57 construction permitsJune 2025: 55 construction permitsJuly 2025: 60 construction permitsAugust 2025: 61 construction permitsSeptember 2025: 84 construction permitsOctober 2025: 71 construction permitsNovember 2025: 53 construction permitsDecember 2025: 51 construction permitsJanuary 2026: 84 construction permitsFebruary 2026: 55 construction permitsMarch 2026: 67 construction permitsApril 2026: 60 construction permitsMay 2026: 50 construction permitsJune 2026: 73 construction permitsJuly 2026: 81 construction permits81Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
0255075100August 2024: 98 construction permitsSeptember 2024: 71 construction permitsOctober 2024: 69 construction permitsNovember 2024: 53 construction permitsDecember 2024: 55 construction permitsJanuary 2025: 70 construction permitsFebruary 2025: 62 construction permitsMarch 2025: 79 construction permitsApril 2025: 61 construction permitsMay 2025: 57 construction permitsJune 2025: 55 construction permitsJuly 2025: 60 construction permitsAugust 2025: 61 construction permitsSeptember 2025: 84 construction permitsOctober 2025: 71 construction permitsNovember 2025: 53 construction permitsDecember 2025: 51 construction permitsJanuary 2026: 84 construction permitsFebruary 2026: 55 construction permitsMarch 2026: 67 construction permitsApril 2026: 60 construction permitsMay 2026: 50 construction permitsJune 2026: 73 construction permitsJuly 2026: 81 construction permits81Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 202498
September 202471
October 202469
November 202453
December 202455
January 202570
February 202562
March 202579
April 202561
May 202557
June 202555
July 202560
August 202561
September 202584
October 202571
November 202553
December 202551
January 202684
February 202655
March 202667
April 202660
May 202650
June 202673
July 202681

What trades here

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

Multifamily: 36 sales (68%)Multifamily68% · 36Other: 8 sales (15%)Other15% · 8Retail: 4 sales (8%)Retail8% · 4Development: 3 sales (6%)Development6% · 3Industrial: 1 sales (2%)Industrial2% · 1Mixed Use: 1 sales (2%)Mixed Use2% · 1
Multifamily: 36 sales (68%)Multifamily68% · 36Other: 8 sales (15%)Other15% · 8Retail: 4 sales (8%)Retail8% · 4Development: 3 sales (6%)Development6% · 3Industrial: 1 sales (2%)Industrial2% · 1Mixed Use: 1 sales (2%)Mixed Use2% · 1
Show the data
Asset classSales
Multifamily36
Other8
Retail4
Development3
Industrial1
Mixed Use1

Seller distress

13.7% of 1,968 multifamily and mixed-use parcels in East Harlem carry a Motivated-Seller Score of 10+ as of September 2026, down from 14.3% 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
155 East 96 StreetMultifamilyMay 2026$9.4M
308 East 109 StreetMultifamilyMay 2026$9.2M
2323 1 AvenueRetailJun 2026$3.1M
1694 Lexington AvenueMultifamilyMay 2026$2.7M
419 East 117 StreetMultifamilyJun 2026$2.5M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. JPMorgan Chase Bank, N.A.14 loans · $95.7M
  2. Merchants Capital Corp.2 loans · $224.2M
  3. Valley National Bank2 loans · $33.7M
  4. Northeast Community Bank2 loans · $22.6M
  5. Morgan Stanley Bank, N.A.2 loans · $13.2M
Lender directory →

Largest owners

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

  1. Hope East Of Fifth Housing Development Fund Co INC41 parcels · 534 units
  2. Lott Legacy Apartments Housing Development Fund20 parcels · 392 units
  3. La Casa Nuestra HDFC14 parcels · 230 units
  4. Finite Homes Housing Development Fund Co Rp.12 parcels · 137 units
  5. Madison Avenue HDFC12 parcels · 116 units
Largest Manhattan landlords → · Owner directory

Off-market deals in East Harlem

$2M12 Unit Mixed Use East Harlem12 units
$2M12 Unit Mixed Use East Harlem12 units
$2M12 Unit Mixed Use East Harlem12 units
$695KDevelopment Site East Harlem

All 22 listings in East Harlem →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in East Harlem?

The median recorded sale was $355 per square foot across 47 priced income-property sales in the 12 months to July 2026, down 23.5% on the prior year.

How much do multifamily buildings sell for per unit in East Harlem?

Multifamily and mixed-use buildings sold for a median of $225K per residential unit in the 12 months to July 2026, across 37 recorded sales.

How many commercial real estate sales were there in East Harlem last year?

53 income-property sales worth $187.6M 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 East Harlem?

The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 14 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track East Harlem 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 East Harlem

Manhattan market · NYC market overview · Manhattan 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.