Wednesday, December 20, 2017

TOP TEN HARLEM NEIGHBORHOODS 2017

Our popular HB series that ranks the top uptown neighborhoods is back for the end of the year count in 2017.  Harlem is a large part of Manhattan that changes block by block so we have put together a list of the best micro-nabes based on location, architecture, transportation, local amenities along with record closing prices when applicable. This is our own opinion based on reporting on the neighborhood for a few years and a new post will be made each day until the number one spot has been revealed.

Number 10: Lower East Harlem, starting 96th Street and up to 110 Street, from Park Avenue to the side blocks along 3rd Avenue.  East Harlem makes the list for the first time this year because of a record brownstone sale based on an asking of $3.95 million that would never have happened in the past.  This is probably an outlier because extravagant renovations have never previously guaranteed a higher closing but some brokers have been trying to pitch the neighborhood as an extension of the Upper East Side.  In general, brownstones tend to be around the $2 million mark in this part of town and are probably comparable to the former Number 10 position from last year: LINK

East Harlem has often been a difficult sale because of the high density of public housing projects but market price condos have been selling closer to the Central Park North border at 110th Street. Public transportation is also a bit lacking since the Lexington line is the only option for most.  With that said, Central Park is relatively close by and the neighborhood has a younger vibe because of the more affordable rents that can still be found on the east side.

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