A snapshot of recorded transactions across Northern Manhattan above 135th Street for the third quarter of 2026, covering Hamilton Heights, Washington Heights, Central Harlem and Inwood — a predominantly rent-stabilized multifamily submarket.
A high-level review of Q3 2026 investment-sales activity in Northern Manhattan — volume, trends, and the five points that defined the quarter.
Four views of Q3 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Multifamily | $136.1M | 90.7% | 78.6% | |
| Retail | $10.3M | 6.9% | 7.1% | |
| Special Purpose | $2.2M | 1.5% | 7.1% | |
| Development | $1.4M | 0.9% | 7.1% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Washington Heights | 9 | $116.3M | |
| Inwood | 1 | $23.5M | |
| Hamilton Heights | 2 | $6.8M | |
| Central Harlem | 2 | $3.5M |
Each Q3 2026 transaction is plotted by neighborhood (street-level geocoding was unavailable, so points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $80.0MM 1920 Amsterdam Avenue multifamily trade in Washington Heights and the $23.5MM Miller & Miller portfolio in Inwood read as the dominant bubbles. Click any bubble for the deal details.
Near-term catalysts likely to shape Northern Manhattan deal flow over the next two quarters.
Eleven multifamily trades at a ~$100K/unit median — including a 182-unit Washington Heights building and a 169-unit Inwood portfolio — show a deep bid for Upper Manhattan's regulated stock. Watch whether large portfolios continue to set the pace.
Washington Heights drove 78% of the quarter. Watch continued value-add demand along the Fort Washington / Broadway corridor, where a limited pipeline and low basis attract local and private capital.
Much of the submarket's stock is rent-stabilized or income-restricted. Mission-oriented and value-add capital, with programs such as Article XI and LIHTC, will shape which assets trade and at what basis into Q4 2026.
The quarter rode two large multifamily trades. The pace of $10MM+ closings into Q4 2026 will track financing costs; an easing rate path would support continued portfolio activity in Upper Manhattan.
Complete transaction log for Q3 2026, sorted by activity date. Development trades show N/A for $/SF (the relevant metric is $/BSF); conversions, multifamily, retail, office and hotel show N/A for $/BSF (the relevant metric is $/SF). $/Unit is reported only for multifamily product with residential units. Footer $/BSF averages cover development trades only; $/SF averages exclude development.
| Address | Date | Price | Property type | $/SF | $/BSF | $/Unit |
|---|---|---|---|---|---|---|
| 302 W 155th St (1-2047-37) | 7/8/2026 | $2,250,000 | Special Purpose | $300 | N/A | N/A |
| 518 Ft Washington Ave (1-2180-25) | 7/9/2026 | $3,700,000 | MF-MU 10+ resi units | $89 | N/A | $77,083 |
| 506-526 W 173rd St (1-2129-38,40,41) | 7/15/2026 | $2,000,000 | MF-MU 10+ resi units | $46 | N/A | $38,462 |
| 914 St Nicholas Ave (1-2107-9) | 7/16/2026 | $1,400,000 | Development | N/A | $374 | N/A |
| 281 Edgecombe Ave (1-2053-14) | 7/21/2026 | $4,900,000 | MF-MU 10+ resi units | $84 | N/A | $100,000 |
| 1920 Amsterdam Ave (1-2114-35) | 7/28/2026 | $80,000,000 | MF-MU 10+ resi units | $442 | N/A | $439,560 |
| 4259 Broadway (1-2176-133) | 7/28/2026 | $10,350,000 | Retail | $288 | N/A | N/A |
| 30 Magaw Pl (1-2180-83) | 7/29/2026 | $4,200,000 | MF-MU 10+ resi units | $119 | N/A | $97,674 |
| 550-556 W 180th St (1-2153-37,40) | 7/30/2026 | $4,650,026 | MF-MU 10+ resi units | $88 | N/A | $75,000 |
| 604 W 162nd St (1-2137-29) | 8/5/2026 | $3,350,000 | MF-MU 10+ resi units | $111 | N/A | $81,707 |
| 60 Edgecombe Ave (1-2041-132) | 8/21/2026 | $1,200,000 | MF-MU 6-9 resi units | $256 | N/A | $150,000 |
| 579 Ft Washington Ave (1-2179-218) | 8/27/2026 | $6,650,000 | MF-MU 10+ resi units | $143 | N/A | $107,258 |
| Miller & Miller Portfolio | 9/15/2026 | $23,500,000 | MF-MU 10+ resi units | $139 | N/A | $139,053 |
| 465 W 144th St (1-2059-37) | 9/17/2026 | $1,950,000 | MF-MU Small | $633 | N/A | $1,950,000 |
| AVERAGES | $10,721,430 | $211 | $374 | $295,982 | ||
| MEDIAN | $3,950,000 | $139 | $374 | $100,000 |
Reach out with questions on the data, the market, or specific transactions.
