1507 Metropolitan Avenue

1507 Metropolitan Avenue is a condo located in Parkchester, Bronx. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 640 feet wide and 513 feet long. The official lot area is listed as 1,500,000 square feet. In total, 1507 Metropolitan Avenue has a total floor area of 2,812,639 square feet. Of that, 2,812,639 square feet are used for residential purposes. There are a total of 3,857 units. Of those, 3,857 are residential units. There are no commercial units in this building. 1507 Metropolitan Avenue has a total of 13 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 4,000 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 212 days and tend to sell below the original asking price of $289,000 by 8.51%. Meaning, listings tend to sell at a median of $333 price per square foot. The transaction that took the longest to complete was unit TH, listed on Aug 17, 2019 for $275,000. This particular unit ultimately sold 338 days later for $270,000. The most recent transaction was for unit 2A, sold for $303,000 on Jan 19, 2024. Fun fact, the oldest transaction we have on record took place on Feb 17, 1999. See the full transaction history for 1507 Metropolitan Avenue below.

Parkchester, where 1507 Metropolitan Avenue is located, has a median asking price of $269,000 for condo buildings. Meanwhile, the building itself has a median asking price of $289,000. For interested buyers, that means the building's median asking price is around 0.61% 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 2 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 $289,999. It is a 3 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $190,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, no two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $240,000. Active units for sale at 1507 Metropolitan Avenue are mostly 2-bedroom apartments Active units for sale at 1507 Metropolitan Avenue have a median count of 2 bedrooms and have a median count of 1 bathroom.