The Stuyvesant Park Condo

The Stuyvesant Park Condo is a condo located 242 East 15th Street, in Gramercy Park, New York. The building was first built in 1920 and is 104 years old. The lot that the building was built on is 26 feet wide and 103 feet long. The official lot area is listed as 5,346 square feet. The building itself is 26 feet wide and 88 feet long. In total, 242 East 15th Street has a total floor area of 17,300 square feet. Of that, 17,300 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. There are no commercial units in this building. 242 East 15th Street has a total of 4 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. Better yet, washer and dryers are allowed in each unit. On weekends, residents can enjoy the building's patio. There are 24 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 218 days Meaning, listings tend to sell at a median of $1,275 price per square foot. The transaction that took the longest to complete was unit 1, listed on Jun 26, 2020 for $2,495,000. This particular unit ultimately sold 355 days later for $2,075,000. The most recent transaction was for unit 6, which was first advertised on Sep 09, 2022, sold for $875,000 on Nov 29, 2022. Fun fact, the oldest transaction we have on record took place on Jul 07, 1966. See the full transaction history for The Stuyvesant Park Condo below.

Gramercy Park, where 242 East 15th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,475,000. For interested buyers, that means the building's median asking price is around 0.26% 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 $2,600,000. It is a 1,729 sqft 3-bedroom and 3-bathroom unit.