East Harlem NY Real Estate Guide

Jason Sheftell: This is Jason Sheftell at El Barrio or East Harlem, one of the city’s most vibrant Latino neighborhoods. Historically, this neighborhood has attracted Dominicans, Mexicans, Ecuadorians with its incredible street rows, great graffiti and wonderful vibrant street life.

Behind me, you’ll see new developments. They are causing some controversy here as the neighborhood develops very quickly. But as you see, there is use here. There has been some people and a few protests as well.

The old-school Latino isn’t exactly happy with the way the new developments have treated the neighborhood. They’re not exactly taking place in the retail and the schools that happened here. Today, we’re going to talk people about what’s happening in the city’s most quickly changing neighborhood.

Bineta Diot: It’s more like Spanish-Puerto Ricans over here, so you have a melting pot of the cultures. You have Africans, Americans and Puerto Ricans. It’s like a lot of different cultures you can have in one spot, and I like that about it.

Shawn Mangar: I’ve noticed a lot more folks moving into the neighborhood, a lot more middle class folks moving in, a little harder to find parking, lots of new construction in the neighborhood as well.

Chino Rivera: Well, as you see now, they’re building more buildings, a lot of the White people taking over the neighborhood, rundown tenements and rundown townhouses. And at that time, you could get a townhouse very cheap. Now, if you’ve got a million dollars, you cannot get it.

Jason Sheftell: Behind me, a typical Spanish Harlem rental building. Rents probably go for $1100.00 $1200.00 to $1300.00 for one-bedrooms, $2000.00 for two-bedrooms. You could cut that in half about four or five years ago, brownstones, $1.3 million, $1.4 million completely redone, about $800,000.00 dollars in terrible shape. This neighborhood has drastically changed.