Why New Yorkers Are Moving to East Harlem
Gorgeous new homes are making East Harlem a neighborhood worthy of NYC house hunters.
As new developments go up and retail rents rise, East Harlem is poised to become the city’s next neighborhood-to-watch. Though it may not be a destination neighborhood yet — New Yorkers aren’t exactly trekking up there for the food or shopping scene — it’s the affordable home prices and rents that make living above 96th Street appealing. Plus, it’s only a short walk or subway ride from all that the Upper East Side has to offer, and depending on which avenue you’re on, Central Park and Museum Mile are just a stroll away. It’s no wonder developers are scooping up sites all over the neighborhood, according to the New York Times.
So what sort of homes have been hitting the market in East Harlem? In recent news, a three-bedroom apartment in the new condo building One Museum Mile sold for $3.6 million. That’s more than quadruple the median price for 3-bedroom units in East Harlem, according to Streeteasy — which means people are willing to pay bigger bucks to live north of 96th Street. While One Museum Mile offers some enviable park views, we’re partial to this beautiful home on East 111th Street for $1,695,000. The 2,400-square-foot house was previously owned and designed by an architect, and it boasts a sprawling master suite, guest room, office, library and lots of storage space. The impeccable residence, formerly a church chapel, also features a dramatic living room with 20-foot-high ceilings.