246 E. 51 Street

246 E. 51 Street is a Co-op located 246 East 51st Street, in Turtle Bay, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1988. The lot that the building was built on is 40 feet wide and 100 feet long. The official lot area is listed as 4,017 square feet. The building itself is 40 feet wide and 86 feet long. In total, 246 East 51st Street has a total floor area of 15,210 square feet. Of that, 11,760 square feet are used for residential purposes. About 3,450 square feet of the building are used for commercial purposes. There are a total of 25 units. Of those, 21 are residential units. There are four commercial units. 246 East 51st Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 28 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 106 days Meaning, listings tend to sell at a median of $983 price per square foot. The transaction that took the longest to complete was unit 11, listed on May 30, 2015 for $590,000. This particular unit ultimately sold 149 days later for $565,000. The most recent transaction was for unit 21, which was first advertised on Jul 18, 2023, sold for $399,000 on Nov 01, 2023. Fun fact, the oldest transaction we have on record took place on Jun 19, 1969. See the full transaction history for 246 E. 51 Street below.

Turtle Bay, where 246 East 51st 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 $537,500. For interested buyers, that means the building's median asking price is around 0.28% 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 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 $389,000. It is a 1-bedroom and 1-bathroom unit.