Milan

Milan is a condo located 300 East 55th Street, in Sutton Place, New York. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 100 feet wide and 146 feet long. The official lot area is listed as 11,666 square feet. The building itself is 100 feet wide and 100 feet long. In total, 300 East 55th Street has a total floor area of 199,371 square feet. Of that, 182,817 square feet are used for residential purposes. About 16,554 square feet of the building are used for commercial purposes. Additionally, the building has a 10,773 square feet garage. There are a total of 153 units. Of those, 117 are residential units. There are 36 commercial units. 300 East 55th Street has a total of 31 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. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. 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. Both dogs and cats are allowed in the building! There are 314 closings on record, of which we have matching data for 56 listings. In the past 3 years, a listing in this building will typically remain on the market for about 161 days and tend to sell below the original asking price of $2,162,500 by 1.96%. Meaning, listings tend to sell at a median of $1,613 price per square foot. The transaction that took the longest to complete was unit 17C, listed on Apr 24, 2017 for $2,100,000. This particular unit ultimately sold 367 days later for $1,900,000. The most recent transaction was for unit 4A, which was first advertised on Jul 02, 2023, sold for $1,800,000 on Feb 20, 2024. Fun fact, the oldest transaction we have on record took place on Jan 10, 1986. See the full transaction history for Milan below.

Sutton Place, where 300 East 55th 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 $2,162,500. For interested buyers, that means the building's median asking price is around 1.88% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 5 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 $5,100,000. It is a 2,515 sqft 3 bedroom and 4 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,475,000. It is a 1,121 sqft 1 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 2 two-bedroom, 2 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $2,495,000. Collectively, the median square footage of these active units for sale is 1,619 sqft. Active units for sale at 300 East 55th Street are mostly 2-bedroom apartments Active units for sale at 300 East 55th Street have a median count of 2 bedrooms and have a median count of 3 bathrooms.