Elmhurst & Corona multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Elmhurst & Corona, updated monthly from NYC public records. Data through July 2026. Covers Elmhurst and Corona.
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$347.8M218 sales, last 12 months▲ 5.9% YoY
$495Median price / sq ft▲ 2.5% YoY
$474KMedian price / unit (multifamily)▲ 8.9% YoY
14Off-market listings on Crezly now
September 2026 summary
218 income-property sales were recorded in Elmhurst & Corona in the 12 months ending July 2026, up 11.2% from the prior 12 months, with dollar volume of $347.8M, up 5.9%. The median price per square foot was $495, up 2.5%, and the median price per residential unit for multifamily and mixed-use properties was $474K, up 8.9%. DOB construction permits totaled 578, up 5.9%. 1.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or above, compared with 2.9% citywide. Cathay Bank was the most active lender, recording 17 mortgages.
Market trends
Recorded sales volume by month
August 2024 – July 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
August 2024
17
$22.7M
September 2024
15
$18.5M
October 2024
21
$51.6M
November 2024
16
$16.3M
December 2024
15
$17.2M
January 2025
13
$22.2M
February 2025
17
$16.1M
March 2025
20
$82.3M
April 2025
13
$15M
May 2025
19
$29M
June 2025
18
$22.5M
July 2025
12
$14.7M
August 2025
16
$23.1M
September 2025
16
$27.2M
October 2025
30
$37.7M
November 2025
21
$27.8M
December 2025
23
$42.3M
January 2026
11
$22.7M
February 2026
14
$19.7M
March 2026
21
$30.1M
April 2026
26
$41.7M
May 2026
12
$15.1M
June 2026
19
$49.9M
July 2026
9
$10.5M
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)
August 2024
$503
September 2024
$507
October 2024
$490
November 2024
$479
December 2024
$502
January 2025
$521
February 2025
$514
March 2025
$464
April 2025
$439
May 2025
$464
June 2025
$532
July 2025
$491
August 2025
$460
September 2025
$453
October 2025
$448
November 2025
$477
December 2025
$499
January 2026
$506
February 2026
$505
March 2026
$520
April 2026
$531
May 2026
$531
June 2026
$518
July 2026
$488
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
August 2024
48
September 2024
48
October 2024
51
November 2024
44
December 2024
34
January 2025
38
February 2025
52
March 2025
44
April 2025
55
May 2025
42
June 2025
45
July 2025
45
August 2025
31
September 2025
46
October 2025
80
November 2025
55
December 2025
41
January 2026
36
February 2026
29
March 2026
42
April 2026
56
May 2026
52
June 2026
67
July 2026
43
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
189
Mixed Use
13
Retail
7
Other
6
Industrial
2
Office
1
Seller distress
1.7% of 8,949 multifamily and mixed-use parcels in Elmhurst & Corona carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 1.7% in August 2026. Citywide the figure is 2.9%.
Elmhurst & Corona
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 Elmhurst & Corona?
The median recorded sale was $495 per square foot across 216 priced income-property sales in the 12 months to July 2026, up 2.5% on the prior year.
How much do multifamily buildings sell for per unit in Elmhurst & Corona?
Multifamily and mixed-use buildings sold for a median of $474K per residential unit in the 12 months to July 2026, across 202 recorded sales.
How many commercial real estate sales were there in Elmhurst & Corona last year?
218 income-property sales worth $347.8M 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 Elmhurst & Corona?
The most active institutional lender over the last 12 months was Cathay Bank, with 17 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Elmhurst & Corona 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 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.