A snapshot of recorded transactions across the Upper East Side sub-market for the third quarter of 2026 — a multifamily-dominated quarter following an exceptional, trophy-driven Q3 2025.
A high-level review of Q3 2026 investment-sales activity on the Upper East Side — volume, trends, and the 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 | $53.2M | 82.6% | 75.0% | |
| Development | $9.5M | 14.7% | 12.5% | |
| Retail | $1.8M | 2.7% | 12.5% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Upper East Side | 8 | $64.5M |
Each Q3 2026 transaction is plotted at street level across the Upper East Side. Bubbles are colored by asset class and sized by sale price — the $13.75MM 243 East 81st Street and $12.6MM 1276 Lexington Avenue multifamily trades read as the dominant bubbles. Click any bubble for the deal details.
Near-term catalysts likely to shape Upper East Side deal flow over the next two quarters.
Seven rental buildings traded at a ~$566.7K/unit median, from 44-unit institutional product to boutique townhouse-scale assets. Watch whether mid-size elevator and walk-up buildings along Lexington, Third and First Avenues keep clearing at Upper East Side premiums.
With the $810MM 800 Fifth Avenue trophy sale now lapped, quarterly dollar volume returns to a normal range. Watch for the next large development or trophy trade to define Q4 — its presence or absence will swing the headline.
Trades cleared a median $868/SF and spanned $233K to $2.83MM per unit. Watch the per-unit spread as a read on whether buyers keep paying up for location and boutique product versus yield on larger rentals.
Q3's activity was mid-size private-capital multifamily, with an $8.3MM median ticket. The pace of larger closings into Q4 2026 will track financing costs; an easing rate path would support a return of $20MM+ trades.
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 |
|---|---|---|---|---|---|---|
| 36 E 73rd St | 7/29/2026 | $8,500,000 | MF-MU Small | $1,436 | N/A | $2,833,333 |
| 1670 York Ave | 8/17/2026 | $8,150,000 | MF-MU 10+ resi units | $465 | N/A | $232,857 |
| 127 E 61st St | 8/20/2026 | $5,125,000 | MF-MU 6-9 resi units | $963 | N/A | $569,444 |
| 1276 Lexington Ave | 8/26/2026 | $12,600,000 | MF-MU 6-9 resi units | $773 | N/A | $840,000 |
| 1361 1st Ave* | 9/8/2026 | $9,500,000 | Development | N/A | $388 | N/A |
| 243 E 81st St | 9/11/2026 | $13,750,000 | MF-MU 10+ resi units | $533 | N/A | $312,500 |
| 238 E 77 St | 9/15/2026 | $5,100,000 | MF-MU 6-9 resi units | $729 | N/A | $566,667 |
| 1295 Madison Ave #Nru1 | 9/17/2026 | $1,750,000 | Retail | $1,080 | N/A | N/A |
| AVERAGES | $8,059,375 | $854 | $388 | $892,467 | ||
| MEDIAN | $8,325,000 | $773 | $388 | $568,056 |
* Call the broker for additional information regarding the 1361-1363 1st Avenue assemblage.
Reach out with questions on the data, the market, or specific transactions.
