17 Orchard Street

17 Orchard Street is a condo located in Chinatown, New York. The building was first built in 1900 and is 124 years old. The lot that the building was built on is 22 feet wide and 79 feet long. The official lot area is listed as 1,725 square feet. The building itself is 22 feet wide and 79 feet long. In total, 17 Orchard Street has a total floor area of 10,448 square feet. Of that, 7,892 square feet are used for residential purposes. About 2,556 square feet of the building are used for commercial purposes. There are a total of 8 units. Of those, 7 are residential units. There are 1 commercial units. 17 Orchard Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

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. For your convenience, laundry is located in the building. On weekends, residents can enjoy the building's deck. 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 22 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 72 days Meaning, listings tend to sell at a median of $1,330 price per square foot. The transaction that took the longest to complete was unit 3, listed on Jul 07, 2015 for $1,800,000. This particular unit ultimately sold 83 days later for $1,800,000. The most recent transaction was for unit 4, which was first advertised on Feb 07, 2022, sold for $1,723,320 on Apr 26, 2022. Fun fact, the oldest transaction we have on record took place on Jul 11, 1973. See the full transaction history for 17 Orchard Street below.

Chinatown, where 17 Orchard Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,775,000. For interested buyers, that means the building's median asking price is around 0.15% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo 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 $995,000. It is a 713 sqft studio-bedroom and 1-bathroom unit.