La Residence Associ

La Residence Associ is a condo located 1080 Madison Avenue, in Upper East Side, New York. The building was first built in 1981 and is 43 years old. The lot that the building was built on is 51 feet wide and 95 feet long. The official lot area is listed as 4,893 square feet. In total, 1080 Madison Avenue has a total floor area of 38,550 square feet. Of that, 35,809 square feet are used for residential purposes. About 2,741 square feet of the building are used for commercial purposes. There are a total of 30 units. Of those, 29 are residential units. There are 1 commercial units. 1080 Madison Avenue has a total of 15 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 1080 Madison Avenue.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 143 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 157 days Meaning, listings tend to sell at a median of $1,800 price per square foot. The transaction that took the longest to complete was unit 6B, listed on May 29, 2014 for $2,779,000. This particular unit ultimately sold 221 days later for $2,779,000. The most recent transaction was for unit 3A, which was first advertised on Sep 08, 2022, sold for $1,999,950 on Feb 21, 2023. Fun fact, the oldest transaction we have on record took place on Mar 24, 1982. See the full transaction history for La Residence Associ below.

Upper East Side, where 1080 Madison Avenue is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,899,975. For interested buyers, that means the building's median asking price is around 1.02% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,000,000. It is a 1,350 sqft 2-bedroom and 2-bathroom unit.