249 W. 29 Owner Corp

249 W. 29 Owner Corp is a Co-op located 249 West 29th Street, in Chelsea, New York. The building was first built in 1927 and is 97 years old. It was first renovated and altered in 1980. The lot that the building was built on is 50 feet wide and 99 feet long. The official lot area is listed as 4,937 square feet. The building itself is 50 feet wide and 99 feet long. In total, 249 West 29th Street has a total floor area of 60,610 square feet. Of that, 52,610 square feet are used for residential purposes. About 8,000 square feet of the building are used for commercial purposes. There are a total of 26 units. Of those, 24 are residential units. There are two commercial units. 249 West 29th Street has a total of 15 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 31 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 173 days and tend to sell below the original asking price of $1,100,000 by 13.64%. Meaning, listings tend to sell at a median of $1,202 price per square foot. The transaction that took the longest to complete was unit 4N, listed on Feb 08, 2023 for $1,349,000. This particular unit ultimately sold 238 days later for $1,080,000. The most recent transaction was for unit 4N, which was first advertised on Feb 08, 2023, sold for $1,080,000 on Oct 04, 2023. Fun fact, the oldest transaction we have on record took place on Nov 08, 1978. See the full transaction history for 249 W. 29 Owner Corp below.

Chelsea, where 249 West 29th 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 $1,100,000. For interested buyers, that means the building's median asking price is around 0.47% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit 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 $2,295,000. It is a 2,391 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $2,100,000. It is a 2 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 two-bedroom, units for sale! The median price of all the active units for sale in the building is $2,197,500. Collectively, the median square footage of these active units for sale is 1,196 sqft. Active units for sale at 249 West 29th Street are mostly 2-bedroom apartments Active units for sale at 249 West 29th Street have a median count of 2 bedrooms and have a median count of 1.5 bathrooms.