223 East 50th Street

223 East 50th Street is a Co-op located in Turtle Bay, New York. The building was first built in 1928 and is 96 years old. The lot that the building was built on is 40 feet wide and 107 feet long. The official lot area is listed as 3,825 square feet. The building itself is 40 feet wide and 80 feet long. In total, 223 East 50th Street has a total floor area of 14,852 square feet. Of that, 14,000 square feet are used for residential purposes. About 852 square feet of the building are used for commercial purposes. There are a total of 25 units. Of those, 24 are residential units. There is one commercial unit. 223 East 50th Street has a total of 6 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. There are 40 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 167 days Meaning, listings tend to sell at a median of $863 price per square foot. The transaction that took the longest to complete was unit 5B, listed on Jul 23, 2020 for $495,000. This particular unit ultimately sold 337 days later for $452,500. The most recent transaction was for unit 3B, sold for $463,000 on Jun 26, 2023. Fun fact, the oldest transaction we have on record took place on Dec 27, 1973. See the full transaction history for 223 East 50th Street below.

Turtle Bay, where 223 East 50th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $485,000. For interested buyers, that means the building's median asking price is around 0.35% 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 are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $565,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $500,000. It is a 500 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $532,500. Collectively, the median square footage of these active units for sale is 250 sqft. Active units for sale at 223 East 50th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.