111 Payson Ave

111 Payson Ave is a Co-op located 115 Payson Avenue, in Inwood, New York. The building was first built in 1937 and is 87 years old. It was first renovated and altered in 1987. The lot that the building was built on is 76 feet wide and 93 feet long. The official lot area is listed as 7,087 square feet. The building itself is 76 feet wide and 88 feet long. In total, 115 Payson Avenue has a total floor area of 31,140 square feet. Of that, 31,140 square feet are used for residential purposes. There are a total of 37 units. Of those, 37 are residential units. 115 Payson Avenue has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. 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 44 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 132 days Meaning, listings tend to sell at a median of $548 price per square foot. The transaction that took the longest to complete was unit 3B, listed on May 24, 2021 for $247,500. This particular unit ultimately sold 259 days later for $232,000. The most recent transaction was for unit 5C, which was first advertised on Aug 10, 2023, sold for $410,000 on Dec 18, 2023. Fun fact, the oldest transaction we have on record took place on Dec 01, 1982. See the full transaction history for 111 Payson Ave below.

Inwood, where 115 Payson Avenue is located, has a median asking price of $935,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $414,000. For interested buyers, that means the building's median asking price is around 0.56% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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 $600,000. It is a 2-bedroom and 1-bathroom unit.