Harlem New York Real Estate - Harlem New York Homes For Sale | Zillow (2024)

FAQs

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

If you want to be a real New Yorker about it, Hamilton Heights is bounded by 135th Street to the south, Riverside Drive to the west, 155th Street to the north, and Edgecombe Avenue to the east. Manhattanville is to the south and Washington Heights lies due north.

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.

Even amidst turmoil and uncertainty, Harlem real estate remains a good buy. New York's real estate market entered 2020 on a promising note. In 2017, increased tax burdens, among other concerns, slowed down the nearly decade-long recovery from the Great Recession.

Census records show the neighborhood, once considered the Capital of Black America, is no longer majority Black, and hasn't been for years. As of 2021, about 56,000 African Americans live in Central Harlem, amounting to 44% of the population according to city data. The white population steadily rising to nearly 18%.

Central Harlem is safe for tourists and also has the most sites of interest which is why we offer our walking tours of the area. Central Harlem runs east to west from 5th Avenue to St. Nicholas Avenue and from 110th Street to 155th Street.

Not enough housing, not enough income

While there is still a considerable concentration of regulated and subsidized units in East Harlem, this cache is shrinking as units age out of rent regulation and landlords evict or coerce tenants into vacating stabilized apartments in order to raise rents.

Harlem is also one of the poorest communities in New York City. Low-income and minority residents in Harlem have a critical need for a medical home.

The average rent in Harlem is currently $3,000 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Harlem, New York, NY is Westport, CT.

The months from March to June are the best time to buy a house in New York. This is due to the higher inventory, increased competition among sellers, and potentially lower asking prices.

Where to buy in NYC in 2024? ›

Tribeca. 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.

Recent Trends in NYC's Home Purchase Market

Based on data from StreetEasy, the median sales price for homes that sold in 2023 was $764K, down about 2% from a record high of $782K in 2022 but back up to $785K in early 2024.

Best neighborhoods in New York

Greenwich Village, Manhattan. Harlem, Manhattan. Williamsburg, Brooklyn. Astoria, Queens.

West Harlem, consisting of Manhattanville and Hamilton Heights, is predominately Hispanic / Latino, while African Americans make up about a quarter of the West Harlem population. In 2010, the population of East Harlem was 120,000. East Harlem originally formed as a predominantly Italian American neighborhood.

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.

Harlem is known internationally as the Black Mecca of the world, but Harlem has been home to many races and ethnic groups including the Dutch, Irish, German, Italian, and Jewish. Harlem was originally settled by the Dutch in 1658, but was largely farmland and undeveloped territory for approximately 200 years.