The Peregrine

The Peregrine is a condo located 303 East 49th Street, in Turtle Bay, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1961. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 25 feet wide and 95 feet long. In total, 303 East 49th Street has a total floor area of 14,971 square feet. Of that, 12,971 square feet are used for residential purposes. About 2,000 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 2 commercial units. 303 East 49th Street has a total of 7 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 303 East 49th Street.

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. 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! Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 109 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 155 days Meaning, listings tend to sell at a median of $1,099 price per square foot. The transaction that took the longest to complete was unit 12, listed on May 28, 2014 for $1,350,000. This particular unit ultimately sold 155 days later for $1,370,000. The most recent transaction was for unit 5, sold for $1,395,000 on Nov 07, 2023. Fun fact, the oldest transaction we have on record took place on Sep 28, 1981. See the full transaction history for The Peregrine below.

Turtle Bay, where 303 East 49th 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 $1,350,000. For interested buyers, that means the building's median asking price is around 0.33% 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 $1,195,000. It is a 1,229 sqft 2-bedroom and 2-bathroom unit.