118 Suffolk Corp

118 Suffolk Corp is a Co-op located 118 Suffolk Street, in Lower East Side, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1988. The lot that the building was built on is 24 feet wide and 75 feet long. The official lot area is listed as 1,800 square feet. The building itself is 24 feet wide and 59 feet long. In total, 118 Suffolk Street has a total floor area of 7,200 square feet. Of that, 7,200 square feet are used for residential purposes. There are a total of 13 units. Of those, 13 are residential units. 118 Suffolk Street has a total of 5 floors.

Interested in learning more about the building? 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. There are 27 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 184 days The transaction that took the longest to complete was unit 1A, listed on Mar 05, 2014 for $675,000. This particular unit ultimately sold 254 days later for $642,500. The most recent transaction was for unit 4AB, which was first advertised on Feb 10, 2021, sold for $1,150,000 on Jun 09, 2021. Fun fact, the oldest transaction we have on record took place on Jan 05, 1968. See the full transaction history for 118 Suffolk Corp below.

Lower East Side, where 118 Suffolk Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $717,000. For interested buyers, that means the building's median asking price is around 0.40% 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 $749,000. It is a 750 sqft 1-bedroom and 1-bathroom unit.