Harlem, Manhattan Condos for Sale | realtor.com® (2024)

FAQs

Where is the best place to live in Harlem NY? ›

Central Harlem is one of the most popular neighborhoods for people living in Harlem, New York. It is the birthplace of the Harlem Renaissance (you can still visit Langston Hughes' house today), and it has been an artistic and cultural destination since the 1920s.

32 Mt Morris Park West | $6,350,000 (4/6/2022) | Central Harlem South. Introducing the extraordinary townhouse at 32 Mount Morris Park West, now in the hands of lucky owners. This magnificent residence boasts impressive space and a rich history, spanning 7,000 square feet.

The vast majority of city-wide investments, including prior commitments from big tech, are still moving ahead, undeterred. As it stood at the beginning of 2020, even as the year took a decidedly different turn than everyone expected, Harlem real estate remains an excellent investment.

Enjoy Affordable NYC Living

It's no secret that New York City is an expensive place to call home. But since Harlem's cost of living is 25% lower than the city as a whole, living in Harlem allows you to enjoy a fun, exciting Manhattan lifestyle without a hefty price tag.

West Harlem tends to be the safest. Morningside Heights, the neighborhood between 110th and 125th Street on the West Side, is a nice area full of beautiful brownstones that is home to Columbia University. Its total crime rate is only 20% higher than the national average.

This definition of Upper Manhattan takes in the neighborhoods of Marble Hill, Inwood, Washington Heights (including Fort George, Sherman Creek and Hudson Heights), Harlem (including Sugar Hill and Hamilton Heights), and parts of the Upper West Side (Morningside Heights and Manhattan Valley).

Sugar Hill got its name in the 1920s when the neighborhood became a popular place for wealthy African Americans to live during the Harlem Renaissance. Reflective of the "sweet life" there, Sugar Hill featured rowhouses in which lived such prominent African Americans as W. E. B.

The most expensive areas of New York are NoHo, Hudson Yards, Tribeca, Central Park South, and Nolita. The average sales price in these areas exceeds $3 million. As you might expect, most wealthy New Yorkers live in Manhattan.

Located on the southwestern corner of Manhattan, Tribeca (“Triangle Below Canal Street”) consistently ranks as the most expensive neighborhood in NYC, according to several sources. Best known for its stylish industrial lofts and charming cobblestone streets, residents here enjoy a hip and upscale neighborhood.

Manhattan condo median price

During the downturn period of 2017-2019, median price declined to $1.588 million. Median price in 2022 was $1.746 million, a new record surpassing even the 2017 level. In Q1'2024, median price dropped to $1.632 million because of increased mortgage rates.

Is now a good time to buy a condo in NYC? ›

-Mortgage rates have decreased, making it a good time for long-term buyers (5-7 years). -Housing prices in Manhattan hit an 8-year low in Q4 2023, with the median price dropping 9%.

Housing prices on the open market have soared 247 percent in the past 10 years. Typical prices for an apartment in Harlem now approximate $458 per square foot. And while rent stabilized apartments can range from $500 to $800, an unregulated market-rate apartment can reach up to $4.000 per month.

Home to 125th Street, the cultural hub of the Harlem area, West Harlem is a great place to live and explore. Here you'll find the popular Apollo Theater alongside incredible nightlife and amazing eateries. West Harlem is also home to Columbia University and the world-famous Cotton Club.

In 2021, this precinct saw 2,869 crimes, which comes to an average of 139 crimes per 1,000 residents per year. By comparison, the 25th precinct, which covers east Harlem and includes the aforementioned Metro North station, saw a total of 1,226 crimes, an average of only 26 crimes per 1,000 residents per year.

The average rent in Harlem is currently $3,550 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,997, is the most affordable city nearby. In contrast, the most expensive city near Harlem, New York, NY is Westport, CT.

Contrary to Harlem's outdated reputation, West Harlem is one of the most picturesque neighborhoods in New York City. This iconic area has experienced many changes due to gentrification in recent years, yet retains its character with quiet, tree lined streets and magnificent turn-of-the-century rowhouses.

Harlem as a neighbourhood has no fixed boundaries; it may generally be said to lie between 155th Street on the north, the East and Harlem rivers on the east, 96th Street (east of Central Park) and 110th Street and Cathedral Parkway (north and west of Central Park) on the south, and Amsterdam Avenue on the west.