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Washington Heights & Inwood multifamily & commercial real estate market

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

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$358M60 sales, last 12 months▲ 81.8% YoY
$141Median price / sq ft▼ 42.7% YoY
$110KMedian price / unit (multifamily)▼ 27.8% YoY
13Off-market listings on Crezly now
September 2026 summary

60 income-property sales were recorded in Washington Heights & Inwood in the 12 months ending July 2026, up 71.4% from the prior 12 months, with dollar volume of $358M, up 81.8%. The median price per square foot was $141, down 42.7%, and the median price per residential unit for multifamily and mixed-use properties was $110K, down 27.8%. DOB construction permits totaled 726, up 0.3%. 31.6% 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 25 mortgages recorded.

Market trends

Recorded sales volume by month

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

$0$20M$40M$60M$80MAugust 2024: $26.5M in recorded salesSeptember 2024: $30M in recorded salesOctober 2024: $16.2M in recorded salesNovember 2024: $44.7M in recorded salesDecember 2024: $975K in recorded salesJanuary 2025: $800K in recorded salesFebruary 2025: $5.2M in recorded salesMarch 2025: $4.7M in recorded salesApril 2025: $20.6M in recorded salesMay 2025: $5.9M in recorded salesJune 2025: $17.2M in recorded salesJuly 2025: $24.1M in recorded salesAugust 2025: $32.2M in recorded salesSeptember 2025: $33.2M in recorded salesOctober 2025: $13.2M in recorded salesNovember 2025: $11.2M in recorded salesDecember 2025: $31.5M in recorded salesJanuary 2026: $50.4M in recorded salesFebruary 2026: $37.4M in recorded salesMarch 2026: $57.8M in recorded salesApril 2026: $69.3M in recorded salesMay 2026: $7M in recorded salesJune 2026: $8.6M in recorded salesJuly 2026: $6.4M in recorded sales$6.4MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$20M$40M$60M$80MAugust 2024: $26.5M in recorded salesSeptember 2024: $30M in recorded salesOctober 2024: $16.2M in recorded salesNovember 2024: $44.7M in recorded salesDecember 2024: $975K in recorded salesJanuary 2025: $800K in recorded salesFebruary 2025: $5.2M in recorded salesMarch 2025: $4.7M in recorded salesApril 2025: $20.6M in recorded salesMay 2025: $5.9M in recorded salesJune 2025: $17.2M in recorded salesJuly 2025: $24.1M in recorded salesAugust 2025: $32.2M in recorded salesSeptember 2025: $33.2M in recorded salesOctober 2025: $13.2M in recorded salesNovember 2025: $11.2M in recorded salesDecember 2025: $31.5M in recorded salesJanuary 2026: $50.4M in recorded salesFebruary 2026: $37.4M in recorded salesMarch 2026: $57.8M in recorded salesApril 2026: $69.3M in recorded salesMay 2026: $7M in recorded salesJune 2026: $8.6M in recorded salesJuly 2026: $6.4M in recorded sales$6.4MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 20241$26.5M
September 20245$30M
October 20243$16.2M
November 20245$44.7M
December 20241$975K
January 20251$800K
February 20254$5.2M
March 20252$4.7M
April 20256$20.6M
May 20251$5.9M
June 20253$17.2M
July 20253$24.1M
August 20256$32.2M
September 20256$33.2M
October 20254$13.2M
November 20253$11.2M
December 20257$31.5M
January 20265$50.4M
February 20263$37.4M
March 20263$57.8M
April 202612$69.3M
May 20263$7M
June 20262$8.6M
July 20266$6.4M

Median price per square foot

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

$0$100$200$300$400August 2024: $202 per sq ft (3-month median)September 2024: $194 per sq ft (3-month median)October 2024: $148 per sq ft (3-month median)November 2024: $184 per sq ft (3-month median)December 2024: $288 per sq ft (3-month median)January 2025: $339 per sq ft (3-month median)February 2025: $339 per sq ft (3-month median)March 2025: $349 per sq ft (3-month median)April 2025: $250 per sq ft (3-month median)May 2025: $201 per sq ft (3-month median)June 2025: $163 per sq ft (3-month median)July 2025: $216 per sq ft (3-month median)August 2025: $177 per sq ft (3-month median)September 2025: $186 per sq ft (3-month median)October 2025: $155 per sq ft (3-month median)November 2025: $151 per sq ft (3-month median)December 2025: $168 per sq ft (3-month median)January 2026: $224 per sq ft (3-month median)February 2026: $243 per sq ft (3-month median)March 2026: $313 per sq ft (3-month median)April 2026: $89 per sq ft (3-month median)May 2026: $89 per sq ft (3-month median)June 2026: $89 per sq ft (3-month median)July 2026: $218 per sq ft (3-month median)$218Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$100$200$300$400August 2024: $202 per sq ft (3-month median)September 2024: $194 per sq ft (3-month median)October 2024: $148 per sq ft (3-month median)November 2024: $184 per sq ft (3-month median)December 2024: $288 per sq ft (3-month median)January 2025: $339 per sq ft (3-month median)February 2025: $339 per sq ft (3-month median)March 2025: $349 per sq ft (3-month median)April 2025: $250 per sq ft (3-month median)May 2025: $201 per sq ft (3-month median)June 2025: $163 per sq ft (3-month median)July 2025: $216 per sq ft (3-month median)August 2025: $177 per sq ft (3-month median)September 2025: $186 per sq ft (3-month median)October 2025: $155 per sq ft (3-month median)November 2025: $151 per sq ft (3-month median)December 2025: $168 per sq ft (3-month median)January 2026: $224 per sq ft (3-month median)February 2026: $243 per sq ft (3-month median)March 2026: $313 per sq ft (3-month median)April 2026: $89 per sq ft (3-month median)May 2026: $89 per sq ft (3-month median)June 2026: $89 per sq ft (3-month median)July 2026: $218 per sq ft (3-month median)$218Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$202
September 2024$194
October 2024$148
November 2024$184
December 2024$288
January 2025$339
February 2025$339
March 2025$349
April 2025$250
May 2025$201
June 2025$163
July 2025$216
August 2025$177
September 2025$186
October 2025$155
November 2025$151
December 2025$168
January 2026$224
February 2026$243
March 2026$313
April 2026$89
May 2026$89
June 2026$89
July 2026$218

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: 63 construction permitsSeptember 2024: 75 construction permitsOctober 2024: 59 construction permitsNovember 2024: 41 construction permitsDecember 2024: 40 construction permitsJanuary 2025: 58 construction permitsFebruary 2025: 51 construction permitsMarch 2025: 62 construction permitsApril 2025: 72 construction permitsMay 2025: 65 construction permitsJune 2025: 74 construction permitsJuly 2025: 64 construction permitsAugust 2025: 68 construction permitsSeptember 2025: 69 construction permitsOctober 2025: 66 construction permitsNovember 2025: 50 construction permitsDecember 2025: 61 construction permitsJanuary 2026: 30 construction permitsFebruary 2026: 51 construction permitsMarch 2026: 68 construction permitsApril 2026: 67 construction permitsMay 2026: 71 construction permitsJune 2026: 66 construction permitsJuly 2026: 59 construction permits59Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
020406080August 2024: 63 construction permitsSeptember 2024: 75 construction permitsOctober 2024: 59 construction permitsNovember 2024: 41 construction permitsDecember 2024: 40 construction permitsJanuary 2025: 58 construction permitsFebruary 2025: 51 construction permitsMarch 2025: 62 construction permitsApril 2025: 72 construction permitsMay 2025: 65 construction permitsJune 2025: 74 construction permitsJuly 2025: 64 construction permitsAugust 2025: 68 construction permitsSeptember 2025: 69 construction permitsOctober 2025: 66 construction permitsNovember 2025: 50 construction permitsDecember 2025: 61 construction permitsJanuary 2026: 30 construction permitsFebruary 2026: 51 construction permitsMarch 2026: 68 construction permitsApril 2026: 67 construction permitsMay 2026: 71 construction permitsJune 2026: 66 construction permitsJuly 2026: 59 construction permits59Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 202463
September 202475
October 202459
November 202441
December 202440
January 202558
February 202551
March 202562
April 202572
May 202565
June 202574
July 202564
August 202568
September 202569
October 202566
November 202550
December 202561
January 202630
February 202651
March 202668
April 202667
May 202671
June 202666
July 202659

What trades here

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

Multifamily: 48 sales (80%)Multifamily80% · 48Other: 6 sales (10%)Other10% · 6Retail: 3 sales (5%)Retail5% · 3Development: 1 sales (2%)Development2% · 1Industrial: 1 sales (2%)Industrial2% · 1Mixed Use: 1 sales (2%)Mixed Use2% · 1
Multifamily: 48 sales (80%)Multifamily80% · 48Other: 6 sales (10%)Other10% · 6Retail: 3 sales (5%)Retail5% · 3Development: 1 sales (2%)Development2% · 1Industrial: 1 sales (2%)Industrial2% · 1Mixed Use: 1 sales (2%)Mixed Use2% · 1
Show the data
Asset classSales
Multifamily48
Other6
Retail3
Development1
Industrial1
Mixed Use1

Seller distress

31.6% of 1,969 multifamily and mixed-use parcels in Washington Heights & Inwood carry a Motivated-Seller Score of 10+ as of September 2026, down from 33.3% 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
120 Haven AvenueMultifamilyMay 2026$5M
501 West 173 StreetMultifamilyJun 2026$4.8M
37 Overlook TerraceMultifamilyJun 2026$3.8M
506 West 173 StreetMultifamilyJul 2026$2M
671 West 187 StreetMultifamilyJul 2026$1.8M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. JPMorgan Chase Bank, N.A.25 loans · $50.6M
  2. National Consumer Cooperative Bank5 loans · $5.5M
  3. Popular Bank4 loans · $30.3M
  4. S3 Re Edgecombe Funding LLC3 loans · $95.6M
  5. Customers Bank3 loans · $27.4M
Lender directory →

Largest owners

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

  1. Royal Charter Properties, INC.24 parcels · 981 units
  2. Yeshiva University17 parcels · 14 units
  3. Pact Renaissance Collaborative LLC15 parcels · 605 units
  4. Gvs Properties IV, LLC10 parcels · 470 units
  5. Hp Csp Gf1 Housing Development Fund Company, INC.10 parcels · 399 units
Largest Manhattan landlords → · Owner directory

Off-market deals in Washington Heights & Inwood

$5MNote/Loan Washington Heights
$312K45 Unit Note/Loan Washington Heights45 units
$399KMixed Use Washington Heights
$6M21 Unit Mixed Use Washington Heights21 units

All 13 listings in Washington Heights & Inwood →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Washington Heights & Inwood?

The median recorded sale was $141 per square foot across 55 priced income-property sales in the 12 months to July 2026, down 42.7% on the prior year.

How much do multifamily buildings sell for per unit in Washington Heights & Inwood?

Multifamily and mixed-use buildings sold for a median of $110K per residential unit in the 12 months to July 2026, across 49 recorded sales.

How many commercial real estate sales were there in Washington Heights & Inwood last year?

60 income-property sales worth $358M 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 Washington Heights & Inwood?

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

Track Washington Heights & Inwood 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 Washington Heights & Inwood

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.