Back to all insights The Bronx real estate market posted a strong start to 2025, signaling growing investor interest and accelerating development momentum. In Q1 2025, transaction volume in the borough increased by 79% year-over-year, totaling 43 deals, while the total dollar volume jumped 63% to $151.1 million. Although the number of units sold declined slightly by 18%, the volume of buildable square footage traded surged by an impressive 853%, reaching nearly 689,000 buildable SF, a clear indicator of rising developer activity and long-term investment confidence.
Multifamily assets led the quarter with $64.81 million in sales across 22 transactions, while development sites accounted for $69.78 million across 13 deals, showing sharp interest in future construction opportunities. Mixed-use properties contributed $16.51 million from 8 transactions, with neighborhoods like Fordham, Mott Haven, and Norwood seeing a concentration of activity.
The Bronx’s performance reflects a broader trend of outer borough growth and highlights its emerging role as a high-potential alternative to Manhattan. With competitive price points, increasing infrastructure investment, and scalable development opportunities, the Bronx continues to gain traction among investors seeking value and long-term upside in New YorkCity real estate.
Multifamily, Mixed-Use and Development transactions between $1,000,000 – $50,000,000 from January 1, 2025 – March 31, 2025
Zip Codes: 10454,10451,10455,10474,10459,10456,10452,10453,10457,10460,10468,10458,10467,10463,10471,10470,10466, 10469,10475,10461,10462,10465,10472,10473,10464
Neighborhoods: Allerton, Baychester, Bedford Park, Belmont, Bronxdale, Castle Hill, City Island, Claremont, Claremont Village, Clason Point, Concourse, Concourse Village, Co-OP City, Eastchester, Edenwald, Fairmont – Claremont Village, Fieldston, Fordham, Foxhurst, High Bridge, Hunts Point, Kingsbridge, Kingsbridge Heights – Jerome Park, Laconia, Longwood, Melrose, Morrisania, Morris Heights, Morris Park, Mott Haven, Mount Eden, Mount Hope, North Riverdale, Norwood, Olinville, Parkchester, Park Versailles – Bronx River, Pelham Bay, Pelham Bay Park, Pelham Gardens, Port Morris, Riverdale, Soundview, Spencer Estates – Country Club, Spuyten Duyvil, Throggs Neck, Tremont, Unionport, University Heights, Van Nest, Wakefield, Westchester Village, West Farms, Williamsbridge, Woodlawn, Woodstock
Contact us for more information.