The Harlem Condo Market
Summary: What new Harlem condos actually close for, how prices have moved and how fast buildings sell. Most new plans are small buildings, and the blocks below 125th Street sell for more.
What Harlem Condos Sell For
Over the last three years, 96 new condos closed in 12 Harlem buildings at a median $849,500, or $1,024 per square foot. Here's what sold, by size:
| Home | Share of sales | Sizemedian sf | Pricemedian | $/sfmedian |
|---|---|---|---|---|
| Studio | 1% | — | — | — |
| 1 bedroom | 41% | 587 | $599,00039 sales | $999 |
| 2 bedrooms | 32% | 905 | $900,00031 sales | $999 |
| 3+ bedrooms | 26% | 1,682 | $1,736,00025 sales | $1,114 |
| All homes | 100% | 853 | $849,50096 sales | $1,024 |
Sponsor closings (first deed for each new home, ACRIS), Sep 30, 2023 to Sep 30, 2026.
These are closing prices: the first recorded deed for each new home, matched to its unit in the offering plan. Resales are left out.
Harlem Condo Prices Over Time
- $6782007
- $5692008
- 2009
- 2010
- 2011
- 2012
- $5972013
- $6252014
- $7202015
- $9822016
- 2017
- $9632018
- $1,1942019
- $1,1972020
- $9952021
- $1,0012022
- $1,0402023
- $1,0532024
- $1,0362025
- $9492026
Sponsor closings (ACRIS) through Sep 30, 2026. Hover a year for its count; empty years had fewer than 3 closings.
Before 2015 few buildings closed in any one year, so those bars move with whichever building was selling. Since 2020, several buildings have closed each year (hover a bar for its count).
| Year | Sponsor closings | Median price | Median $/sf | 1 bedroommedian | 2 bedroomsmedian |
|---|---|---|---|---|---|
| 2007 | 312 buildings | $283,920 | $678 | $275,790 | $691,610 |
| 2008 | 62 buildings | $683,568 | $569 | — | $690,000 |
| 2011 | 81 building | $407,500 | — | $407,500 | — |
| 2012 | 31 building | $405,000 | — | $405,000 | — |
| 2013 | 241 building | $194,078 | $597 | $265,000 | — |
| 2014 | 401 building | $230,685 | $625 | $281,258 | — |
| 2015 | 92 buildings | $365,040 | $720 | $359,970 | $768,779 |
| 2016 | 74 buildings | $913,000 | $982 | $626,775 | — |
| 2018 | 31 building | $438,000 | $963 | $438,000 | — |
| 2019 | 113 buildings | $765,000 | $1,194 | $757,500 | — |
| 2020 | 394 buildings | $795,000 | $1,197 | $774,584 | $1,327,876 |
| 2021 | 614 buildings | $685,000 | $995 | $650,000 | $925,000 |
| 2022 | 345 buildings | $705,000 | $1,001 | $347,300 | $1,102,720 |
| 2023 | 285 buildings | $747,500 | $1,040 | $702,706 | $1,095,000 |
| 2024 | 358 buildings | $789,144 | $1,053 | $587,000 | $980,000 |
| 2025 | 357 buildings | $905,000 | $1,036 | $582,000 | $890,000 |
| 2026 | 208 buildings | $732,500 | $949 | $634,500 | $899,000 |
First recorded deed for each new home, from city deed records matched to the offering plan's unit list, through Sep 30, 2026. Years with fewer than 3 closings are left out; bedroom columns need 3 sales.
How Fast Harlem Condos Sell
Of the 45 Harlem buildings whose sponsor closings began in 2015 or later, 27 have sold out. The typical one took 14 months from its first closing to its last, and its first closing came 17 months after the offering plan was accepted.
| Sales began | Buildings | Sold out in 12 months | Time to sell outmedian | Closed vs. listmedian building |
|---|---|---|---|---|
| 2015–19 | 29 | 31% | 14 months | 4% below list |
| 2020–22 | 8 | 38% | 9 months | 7% below list |
| 2023+ | 8 | 0% | 14 months | 17% below list |
ACRIS sponsor closings through Sep 30, 2026, buildings whose first closing came in 2015 or later. Time to sell out runs from a building's first closing to its last, among buildings that have sold out. List: the sponsor's Schedule A price for the same homes.
- Buyers negotiate. The median building's first sales closed 10% below list: the sponsor's Schedule A price for the same homes, across 13 buildings we could match. Only 15% closed above list.
- Many linger. 15 buildings still had unsold homes two years or more after their first closing.
Why Harlem's Condo Market Has Slowed
Harlem has had 222 condo plans with 5,093 homes since 2000. It now adds about 25 homes a year in plans accepted since 2023, against 324 a year in 2000–07, 92% fewer.
| Plan accepted | Plans a year | Homes a year | Typical buildinghomes | Asking $/sf |
|---|---|---|---|---|
| 2000–07 | 13102 plans | 324 | 12 | $642 |
| 2008–14 | 966 plans | 198 | 11 | $626 |
| 2015–19 | 737 plans | 175 | 9 | $1,024 |
| 2020–22 | 38 plans | 49 | 19 | $1,171 |
| 2023–today | 29 plans | 25 | 3 | $1,157 |
Accepted condo plans. Asking $/sf: the median building's first Schedule A price list.
- Fewer, smaller buildings. 13 plans a year were accepted in 2000–07, with a typical 12 homes each. Since 2023 it's 2 a year, with 3.
- Prices are higher. The median plan asked $642 a square foot in 2000–07 and $1,157 since 2023.
More are on the way: 3 plans filed since 2025 are still under review (below).
Where Harlem Condos Are, and the Walk to the Subway
Price per sf vs. the rest of Harlem
- +31% South of 125th St
Outline: Harlem as our data pages draw it. Each dot is a plan; each square the nearest entrance of a station those plans walk to.
Harlem is served by:
- 2 and 3: along Lenox Avenue, at 110 St, 116 St, 125 St and 135 St; the 3 continues to 145 St and Harlem-148 St
- A, B, C and D: express at 125 St and 145 St, on St. Nicholas Avenue; the B and C also stop at 110 St, 116 St and 135 St
- 1: along Broadway at the west edge, at 125 St, 137 St-City College and 145 St
- 4, 5 and 6: 125 St, on Lexington Avenue just east, in East Harlem
| Nearest subway | Lines | Condo plans | Walkmedian |
|---|---|---|---|
| 125 St | 2, 3 | 43 | 4 min |
| 145 St | A, B, C, D | 27 | 3 min |
| 125 St | A, B, C, D | 25 | 4 min |
| 116 St | 2, 3 | 22 | 3 min |
| 135 St | 2, 3 | 22 | 5 min |
| 135 St | B, C | 19 | 4 min |
Each plan counted once, at the station entrance with the shortest walk.
Walks are short. The median recent building is 3 minutes from a subway entrance, and 80% are within 5 minutes. More in subway distance and condo prices.
Prices Within Harlem: South of 125th Street
We compared each building's closings with the Harlem average in the same year, so rising prices don't skew the comparison:
| Part of the neighborhood | Buildings | Price per sfvs. the rest, same year |
|---|---|---|
| South of 125th Street | 5 | +31% |
Sponsor closings since 2015, buildings with 2+ of them. Each sale is compared with Harlem's average $/sf that year; a row compares the median building inside the area with the median one outside it.
Buildings between Central Park North and 125th Street sell +31% against the rest of Harlem (5 buildings against 10).
Amenities, Laundry and Doormen
What the offering plans accepted since 2015 include:
Amenities
85%have a shared amenity: gym, roof deck, bike room, package room or storage
Washer/dryer
75%include a washer and dryer in each home
Doorman
23%have a staffed front desk
Plans accepted since 2015. Amenities: 13 new-construction plans; washer/dryer: 20 plans that say either way; front desk: 22 plans read.
- Elevators in 71% of the plans that say either way.
- Laundry: where no washer and dryer is included, the plan usually provides hookups (25%). More in washer/dryers in NYC condos.
- Few doormen: 18% have a 24-hour desk; 27% rely on a virtual doorman instead.
- Heat pumps in 83%, so heating and cooling run on your own electric bill.
Common Charges
A typical new Harlem condo charges $669 a month per home (median of 6 plans accepted since 2015). Here's where it goes, next to two Brooklyn brownstone neighborhoods:
| Per home, per month | Harlem | Bedford-Stuyvesant | Crown Heights |
|---|---|---|---|
| Common charges a month | $669 | $468 | $623 |
| Staff | $22 | $26 | $35 |
| Insurance | $120 | $71 | $132 |
| Water & sewer | $86 | $75 | $96 |
| Heat, gas & electricity | $27 | $39 | $35 |
| Repairs & service contracts | $184 | $114 | $155 |
| Management fee | $63 | $34 | $29 |
| Reserves & contingency | $56 | $55 | $68 |
| Legal, accounting & admin | $111 | $53 | $70 |
| Amenities & other | $0 | $1 | $3 |
Plans accepted since 2015: the median first-year common charge per home (Harlem 6, Bedford-Stuyvesant 61, Crown Heights 25 plans), split by the average share of each Schedule B budget line (6, 61, 25 budgets).
The biggest pieces are repairs & service contracts ($184) and insurance ($120). Compare Bedford-Stuyvesant ($468) and Crown Heights ($623), and common charges across NYC.
New Harlem Condo Plans Filed Since 2025
Condo plans filed since 2025: 4, with 292 homes (1 accepted, 3 still under review).
| Building | Filed | Asking $/sf | Common chargesper month | Subway walk |
|---|---|---|---|---|
| 117 West 142nd Street25 homes | Jun 15, 2026Under review | — | — | 3 min145 St (3) |
| 2600 7th Avenue103 homes | Apr 17, 2026Under review | — | — | 2 minHarlem-148 St (3) |
| 3647 And 3657 Broadway162 homes | Jun 13, 2025Under review | — | — | 5 min145 St (1) |
| 236 West 112th Street2 homes | Apr 11, 2025Accepted Jan 20, 2026 | — | $722 | 4 minCathedral Pkwy (110 St) (B, C) |
Asking $/sf: the sponsor's Schedule A average. A dash means the plan doesn't list enough priced homes, or its budget isn't read yet.
FAQ
How much do new condos in Harlem cost?
Over the three years to Sep 30, 2026, new Harlem condos closed at a median $849,500: about $599,000 for a one-bedroom and $900,000 for a two-bedroom.
What is the price per square foot for Harlem condos?
The median sponsor closing was $1,024 per square foot over the last three years.
Do Harlem condos sell below the asking price?
Usually. The median building's first sales closed 10% below list, the sponsor's Schedule A price for the same homes.
Which part of Harlem is most expensive?
The blocks south of 125th Street, near Central Park. With the year of sale held equal, buildings there sell +31% against the rest of Harlem.
How long does it take a Harlem condo building to sell out?
The typical building that has sold out closed all its homes 14 months after its first closing; 28% sold out within a year.
What are common charges in a new Harlem condo?
About $669 a month per home for the median plan accepted since 2015.
Where do these figures come from?
Harlem is the neighborhood as our data pages draw it, from each building's map point; East Harlem is counted separately. Plans are condo offering plans the New York Attorney General accepted or is reviewing, with at least one home. Sales are sponsor closings from city deed records, through Sep 30, 2026. Features come from the plan text and may change by amendment; check the latest plan for the building you're buying in. New to offering plans? Start with what a condo offering plan is.
Related: The Williamsburg Condo Market · The Bushwick Condo Market