The Contempora

The Contempora is a condo located 111 3rd Avenue, in East Village, New York. The building was first built in 1964 and is 60 years old. It was first renovated and altered in 1987. The lot that the building was built on is 121 feet wide and 100 feet long. The official lot area is listed as 10,512 square feet. In total, 111 3rd Avenue has a total floor area of 125,097 square feet. Of that, 113,930 square feet are used for residential purposes. About 11,167 square feet of the building are used for commercial purposes. There are a total of 157 units. Of those, 155 are residential units. There are 2 commercial units. 111 3rd Avenue has a total of 17 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 111 3rd Avenue.

Interested in learning more about the building? 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 132 closings on record, of which we have matching data for 53 listings. In the past 3 years, a listing in this building will typically remain on the market for about 131 days and tend to sell below the original asking price of $699,000 by 16.52%. Meaning, listings tend to sell at a median of $1,269 price per square foot. The transaction that took the longest to complete was unit 15F, listed on Aug 25, 2020 for $550,000. This particular unit ultimately sold 321 days later for $510,000. The most recent transaction was for unit 123CO, sold for $1,400,000 on Dec 31, 2023. Fun fact, the oldest transaction we have on record took place on Nov 24, 1987. See the full transaction history for The Contempora below.

East Village, where 111 3rd Avenue is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $699,000. For interested buyers, that means the building's median asking price is around 0.67% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $899,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $685,000. It is a 636 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 4 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $717,500. Active units for sale at 111 3rd Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.