One Museum Mile 1280 5th Avenue, New York, NY 10029

One Museum Mile is a condo located 1280 5th Avenue, in East Harlem, New York. The building was first built in 2008 and is 15 years old. The lot that the building was built on is 203 feet wide and 173 feet long. The official lot area is listed as 24,825 square feet. The building itself is 201 feet wide and 172 feet long. In total, 1280 5th Avenue has a total floor area of 239,456 square feet. Of that, 169,231 square feet are used for residential purposes. About 70,225 square feet of the building are used for commercial purposes. Additionally, the building has a 4,320 square feet garage. There are a total of 135 units. Of those, 112 are residential units. There are 23 commerical units. 1280 5th Avenue has a total of 19.00000000000 floors. 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. 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! Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! 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. Both dogs and cats are allowed in the building! There are 139 closings on record, of which we have matching data for 36 listings. In the past 3 years, a listing in this building will typically remain on the market for about 198 days and tend to sell below the original asking price of $1,895,000 by 0.11%. Meaning, listings tend to sell at a median of $1,342 price per square foot. The transaction that took the longest to complete was unit 19A, listed on Apr 20, 2021 for $2,898,000. This particular unit ultimately sold 356 days later for $2,600,000. The most recent transaction was for unit 5C, which was first advertised on Mar 23, 2022, sold for $2,050,000 on Sep 01, 2022. Fun fact, the oldest transaction we have on record took place on Apr 02, 1970. See the full transaction history for One Museum Mile below.

East Harlem, where 1280 5th Avenue is located, has a median asking price of $1,695,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,895,000. For interested buyers, that means the building's median asking price is around 1.05% 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 are currently 10 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 $15,500,000. It is a 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,550,000. It is a 1,490 sqft 3 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 3 two-bedroom, 6 three-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $2,722,500. Collectively, the median square footage of these active units for sale is 1,465 sqft. Active units for sale at 1280 5th Avenue are mostly 3-bedroom apartments Active units for sale at 1280 5th Avenue have a median count of 3 bedrooms and have a median count of 2.5 bathrooms.