The Switch Building

The Switch Building is a condo located 109 Norfolk Street, in Lower East Side, New York. The building was first built in 2005 and is 19 years old. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,510 square feet. In total, 109 Norfolk Street has a total floor area of 12,307 square feet. Of that, 9,698 square feet are used for residential purposes. About 2,609 square feet of the building are used for commercial purposes. There are a total of 6 units. Of those, 5 are residential units. There are 1 commercial units. Thankfully, the building is equipped with elevator service.

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. Better yet, washer and dryers are allowed in each unit. 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 18 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days Meaning, listings tend to sell at a median of $1,556 price per square foot. The transaction that took the longest to complete was unit 3, listed on Jun 07, 2018 for $1,995,000. This particular unit ultimately sold 316 days later for $1,800,000. The most recent transaction was for unit 6, sold for $0 on Jul 27, 2023. Fun fact, the oldest transaction we have on record took place on Oct 16, 1973. See the full transaction history for The Switch Building below.

Lower East Side, where 109 Norfolk Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,250,000. For interested buyers, that means the building's median asking price is around 0.88% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.