Manhattan Multi-Family Homes for Sale

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Map of Multi-Family Homes for Sale in Manhattan, NY

For Sale

Manhattan Housing Market Trends

What is the housing market like in Manhattan today? In August 2025, Manhattan’s housing market demonstrated steady growth and resilience. Home prices rose 16.1% year-over-year, bringing the median sale price to $1.3 million. This consistent appreciation reinforces Manhattan’s reputation as one of the most desirable and stable real estate markets in the world. Homes are spending an average of 69 days on the market, compared to 65 days last year. While properties are taking slightly longer to sell, this reflects a more balanced pace, creating room for more thoughtful transactions without dampening overall demand. Sales volume was lower, with 791 homes sold in August compared to 881 last year, yet the strong increase in pricing shows that demand for Manhattan properties remains high despite fewer total transactions.

$1,315,000

Median Sale Price

791

Number of Homes Sold

69

Median Days on Market

Life in Manhattan

A Guide to

Life in Manhattan

Multi-Family Living

Living in Manhattan means being at the center of culture, commerce, and convenience. From the energy of bustling neighborhoods to the tranquility of tree-lined streets, Manhattan offers a lifestyle that blends fast-paced opportunity with timeless charm.

For those considering Manhattan Multi-Family Homes for Sale, the appeal goes beyond just a place to live. These properties provide flexibility—whether it’s creating multi-generational living arrangements, generating rental income, or simply enjoying the added space and privacy that multi-family residences offer.

With access to world-class dining, shopping, entertainment, and an unmatched transportation system, owning a home in Manhattan connects you to everything the city has to offer.

Manhattan Multi-Family Homes Real Estate FAQs

Manhattan multi-family homes for sale are attractive because they provide steady rental income, long-term appreciation, and the flexibility to live in one unit while renting out others. With Manhattan’s consistent demand for housing, these properties offer strong investment potential.

Buyers can find a range of Manhattan multi-family homes for sale, including brownstones, townhouses, and small apartment buildings. Many feature historic charm, modern renovations, or opportunities for redevelopment depending on the neighborhood.

Yes. Manhattan multi-family homes for sale have historically performed well due to limited supply, strong rental demand, and the city’s global appeal. They provide both immediate rental income and long-term equity growth, making them a solid addition to an investment portfolio.

Prices vary depending on size, location, and condition. Smaller townhouses may start around $2 million, while larger brownstones or properties in prime neighborhoods like the Upper West Side, Greenwich Village, or Tribeca can reach $10 million or more.

Top neighborhoods include Harlem for historic brownstones with strong rental potential, the Upper West Side for classic townhouses, East Village for younger renters, and Greenwich Village for high-demand, high-value properties.

Buyers should carefully evaluate rental regulations, building condition, financing requirements, and neighborhood demand. Working with a local real estate expert is crucial to navigating zoning laws, tenant rights, and investment potential in Manhattan.

Yes. With high demand from professionals, students, and international renters, Manhattan multi-family homes for sale often command premium rental rates. Many buyers rely on these properties for stable cash flow while benefiting from long-term property value growth.

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