162 9th Avenue

162 9th Avenue is a Co-op located in Chelsea, New York. The building was first built in 1920 and is 104 years old. The lot that the building was built on is 49 feet wide and 100 feet long. The official lot area is listed as 5,757 square feet. The building itself is 26 feet wide and 55 feet long. In total, 162 9th Avenue has a total floor area of 21,304 square feet. Of that, 20,522 square feet are used for residential purposes. About 782 square feet of the building are used for commercial purposes. There are a total of 36 units. Of those, 35 are residential units. There is one commercial unit. 162 9th Avenue has a total of 4 floors.

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. 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 33 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 99 days The transaction that took the longest to complete was unit A, listed on Sep 13, 2017 for $739,000. This particular unit ultimately sold 121 days later for $735,000. The most recent transaction was for unit 4FR, sold for $1,460,000 on Feb 06, 2024. Fun fact, the oldest transaction we have on record took place on Mar 02, 1978. See the full transaction history for 162 9th Avenue below.

Chelsea, where 162 9th Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $604,000. 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 $725,000. It is a 1-bedroom and 1-bathroom unit.