The Palm Beach

The Palm Beach is a Co-op located 139 Norfolk Street, in Lower East Side, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1986. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 25 feet wide and 80 feet long. In total, 139 Norfolk Street has a total floor area of 10,255 square feet. Of that, 9,355 square feet are used for residential purposes. About 900 square feet of the building are used for commercial purposes. There are a total of 20 units. Of those, 18 are residential units. There are two commercial units. 139 Norfolk 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. 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! 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 25 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 194 days The transaction that took the longest to complete was unit 4AB, listed on Aug 02, 2020 for $1,069,000. This particular unit ultimately sold 297 days later for $935,000. The most recent transaction was for unit S, sold for $558,000 on Aug 31, 2023. Fun fact, the oldest transaction we have on record took place on Oct 14, 1969. See the full transaction history for The Palm Beach below.

Lower East Side, where 139 Norfolk 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 $589,000. For interested buyers, that means the building's median asking price is around 0.51% 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.

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.