1511 Lexington Avenue

1511 Lexington Avenue is a Co-op located in East Harlem, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 2002. The lot that the building was built on is 25 feet wide and 95 feet long. The official lot area is listed as 2,375 square feet. The building itself is 25 feet wide and 75 feet long. In total, 1511 Lexington Avenue has a total floor area of 8,765 square feet. Of that, 7,363 square feet are used for residential purposes. About 1,402 square feet of the building are used for commercial purposes. There are a total of 10 units. Of those, 8 are residential units. There are two commercial units. 1511 Lexington Avenue 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. There are 11 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 247 days Meaning, listings tend to sell at a median of $787 price per square foot. The transaction that took the longest to complete was unit 4, listed on Mar 08, 2021 for $590,000. This particular unit ultimately sold 247 days later for $590,000. The most recent transaction was for unit 8, sold for $565,000 on Jun 10, 2022. Fun fact, the oldest transaction we have on record took place on May 11, 1970. See the full transaction history for 1511 Lexington Avenue below.

East Harlem, where 1511 Lexington Avenue is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $590,000. For interested buyers, that means the building's median asking price is around 0.37% 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.