Empire Condominium

Empire Condominium is a condo located 259 Elizabeth Street, in NoLita, New York. The building was first built in 1987 and is 37 years old. The lot that the building was built on is 48 feet wide and 67 feet long. The official lot area is listed as 4,172 square feet. In total, 259 Elizabeth Street has a total floor area of 18,030 square feet. Of that, 13,235 square feet are used for residential purposes. About 4,795 square feet of the building are used for commercial purposes. There are a total of 32 units. Of those, 26 are residential units. There are 6 commercial units. 259 Elizabeth 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 73 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 168 days Meaning, listings tend to sell at a median of $1,427 price per square foot. The transaction that took the longest to complete was unit 2C, listed on Sep 07, 2018 for $988,888. This particular unit ultimately sold 173 days later for $950,000. The most recent transaction was for unit 6C, sold for $1,020,000 on Nov 01, 2021. Fun fact, the oldest transaction we have on record took place on Mar 30, 1988. See the full transaction history for Empire Condominium below.

NoLita, where 259 Elizabeth Street is located, has a median asking price of $2,109,500 for condo buildings. Meanwhile, the building itself has a median asking price of $999,000. For interested buyers, that means the building's median asking price is around 0.53% 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.