16 East 98th Owners, Inc.

16 East 98th Owners, Inc. is a Co-op located 16 East 98th Street, in East Harlem, New York. The building was first built in 1925 and is 99 years old. The lot that the building was built on is 75 feet wide and 101 feet long. The official lot area is listed as 7,569 square feet. The building itself is 75 feet wide and 86 feet long. In total, 16 East 98th Street has a total floor area of 52,000 square feet. Of that, 52,000 square feet are used for residential purposes. There are a total of 53 units. Of those, 53 are residential units. 16 East 98th Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Alternatively, take a stroll around the building's courtyard. 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 67 closings on record, of which we have matching data for 22 listings. In the past 3 years, a listing in this building will typically remain on the market for about 170 days Meaning, listings tend to sell at a median of $992 price per square foot. The transaction that took the longest to complete was unit 1F, listed on Nov 12, 2020 for $850,000. This particular unit ultimately sold 365 days later for $760,000. The most recent transaction was for unit 5D, which was first advertised on Jun 03, 2022, sold for $410,000 on Aug 31, 2022. Fun fact, the oldest transaction we have on record took place on Sep 26, 1974. See the full transaction history for 16 East 98th Owners, Inc. below.

East Harlem, where 16 East 98th Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $760,000. For interested buyers, that means the building's median asking price is around 0.19% 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 $959,999. It is a 2-bedroom and 2-bathroom unit.