216 East 7 St Owner

216 East 7 St Owner is a Co-op located 216 East 7th Street, in Alphabet City, New York. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 1985. The lot that the building was built on is 25 feet wide and 91 feet long. The official lot area is listed as 2,272 square feet. The building itself is 25 feet wide and 56 feet long. In total, 216 East 7th Street has a total floor area of 6,985 square feet. Of that, 6,985 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. 216 East 7th Street has a total of 5 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. There are 13 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 146 days Meaning, listings tend to sell at a median of $1,165 price per square foot. The transaction that took the longest to complete was unit 7, listed on May 14, 2019 for $745,000. This particular unit ultimately sold 192 days later for $730,000. The most recent transaction was for unit 8, sold for $770,000 on Nov 19, 2022. Fun fact, the oldest transaction we have on record took place on May 01, 1974. See the full transaction history for 216 East 7 St Owner below.

Alphabet City, where 216 East 7th Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $699,000. For interested buyers, that means the building's median asking price is around 0.42% 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.