Greenwich Village & SoHo multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Greenwich Village & SoHo, updated monthly from NYC public records. Data through July 2026. Covers Greenwich Village, SoHo, NoHo, Little Italy and Meatpacking District.
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$3B136 sales, last 12 months▲ 73.4% YoY
$1,489Median price / sq ft▲ 9.6% YoY
$1.3MMedian price / unit (multifamily)▼ 15.6% YoY
19Off-market listings on Crezly now
September 2026 summary
136 income-property sales were recorded in Greenwich Village & SoHo over the 12 months ending July 2026, up 34.7% from the prior 12 months, with dollar volume of $3B, up 73.4%. The median price per square foot was $1,489, up 9.6%, while the median price per residential unit across multifamily and mixed-use properties was $1.3M, down 15.6%. 3,243 DOB construction permits were issued, up 2%. 2.8% 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 28 mortgages recorded.
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
6
$45.3M
September 2024
7
$102.9M
October 2024
13
$119.9M
November 2024
10
$523.3M
December 2024
3
$19.5M
January 2025
9
$129.5M
February 2025
11
$189.4M
March 2025
13
$88.8M
April 2025
3
$29.5M
May 2025
6
$161.3M
June 2025
6
$61.7M
July 2025
14
$277.3M
August 2025
11
$132.4M
September 2025
7
$326.6M
October 2025
10
$93.8M
November 2025
3
$30.2M
December 2025
9
$506.3M
January 2026
17
$490.8M
February 2026
13
$296.3M
March 2026
17
$325.5M
April 2026
12
$128.6M
May 2026
17
$336M
June 2026
12
$164M
July 2026
8
$201.6M
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
$1,696
September 2024
$1,689
October 2024
$1,411
November 2024
$1,397
December 2024
$1,222
January 2025
$1,008
February 2025
$1,241
March 2025
$1,291
April 2025
$1,332
May 2025
$1,487
June 2025
$1,711
July 2025
$2,105
August 2025
$1,697
September 2025
$1,571
October 2025
$1,671
November 2025
$1,671
December 2025
$1,706
January 2026
$1,467
February 2026
$1,555
March 2026
$1,445
April 2026
$1,526
May 2026
$1,349
June 2026
$1,628
July 2026
$1,404
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
269
September 2024
226
October 2024
271
November 2024
218
December 2024
196
January 2025
222
February 2025
213
March 2025
302
April 2025
291
May 2025
302
June 2025
348
July 2025
321
August 2025
277
September 2025
284
October 2025
304
November 2025
247
December 2025
221
January 2026
206
February 2026
202
March 2026
270
April 2026
319
May 2026
281
June 2026
312
July 2026
320
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
74
Mixed Use
22
Office
19
Retail
16
Development
2
Other
2
Hospitality
1
Seller distress
2.8% of 2,715 multifamily and mixed-use parcels in Greenwich Village & SoHo carry a Motivated-Seller Score of 10+ as of September 2026, down from 2.9% in August 2026. Citywide the figure is 2.9%.
Greenwich Village & SoHo
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 Greenwich Village & SoHo?
The median recorded sale was $1,489 per square foot across 131 priced income-property sales in the 12 months to July 2026, up 9.6% on the prior year.
How much do multifamily buildings sell for per unit in Greenwich Village & SoHo?
Multifamily and mixed-use buildings sold for a median of $1.3M per residential unit in the 12 months to July 2026, across 93 recorded sales.
How many commercial real estate sales were there in Greenwich Village & SoHo last year?
136 income-property sales worth $3B 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 Greenwich Village & SoHo?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 28 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Greenwich Village & SoHo 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.