Houston Place Condo

Houston Place Condo is a condo located 240 East Houston Street, in Alphabet City, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1988. The lot that the building was built on is 81 feet wide and 95 feet long. The official lot area is listed as 7,714 square feet. In total, 240 East Houston Street has a total floor area of 29,536 square feet. Of that, 22,196 square feet are used for residential purposes. About 7,340 square feet of the building are used for commercial purposes. There are a total of 19 units. Of those, 18 are residential units. There are 1 commercial units. 240 East Houston Street has a total of 5 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. Better yet, washer and dryers are allowed in each unit. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. On weekends, residents can enjoy the building's deck. Both dogs and cats are allowed in the building! There are 84 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 129 days Meaning, listings tend to sell at a median of $1,601 price per square foot. The transaction that took the longest to complete was unit 2B, listed on Sep 01, 2016 for $1,995,000. This particular unit ultimately sold 129 days later for $2,085,000. The most recent transaction was for unit 5E, sold for $1,470,000 on Nov 15, 2022. Fun fact, the oldest transaction we have on record took place on Mar 30, 1989. See the full transaction history for Houston Place Condo below.

Alphabet City, where 240 East Houston 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 $2,085,000. For interested buyers, that means the building's median asking price is around 0.01% 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.