Roosevelt Lane

Roosevelt Lane is a condo located 227 East 111th Street, in East Harlem, New York. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 50 feet wide and 101 feet long. The official lot area is listed as 5,046 square feet. The building itself is 50 feet wide and 65 feet long. In total, 227 East 111th Street has a total floor area of 19,738 square feet. Of that, 19,738 square feet are used for residential purposes. There are a total of 22 units. Of those, 22 are residential units. There are no commercial units in this building. 227 East 111th Street has a total of 7 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 56 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 153 days Meaning, listings tend to sell at a median of $769 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Jan 13, 2019 for $625,000. This particular unit ultimately sold 200 days later for $665,000. The most recent transaction was for unit MULTIPLE, sold for $960,000 on Sep 22, 2023. Fun fact, the oldest transaction we have on record took place on Dec 10, 1968. See the full transaction history for Roosevelt Lane below.

East Harlem, where 227 East 111th Street is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $525,000. For interested buyers, that means the building's median asking price is around 0.68% 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.

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.