307 East 8th Street

307 East 8th Street is a Co-op located in Alphabet City, New York. The building was first built in 1900 and is 124 years old. It was first renovated and altered in 1987. The lot that the building was built on is 25 feet wide and 94 feet long. The official lot area is listed as 2,325 square feet. The building itself is 25 feet wide and 78 feet long. In total, 307 East 8th Street has a total floor area of 9,984 square feet. Of that, 9,984 square feet are used for residential purposes. There are a total of 12 units. Of those, 12 are residential units. 307 East 8th Street has a total of 6 floors.

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. On weekends, residents can enjoy the building's deck. Both dogs and cats are allowed in the building! There are 18 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 132 days Meaning, listings tend to sell at a median of $1,063 price per square foot. The transaction that took the longest to complete was unit 5A, listed on Mar 05, 2019 for $850,000. This particular unit ultimately sold 132 days later for $810,000. The most recent transaction was for unit 5C5D, sold for $1,650,000 on Feb 16, 2021. Fun fact, the oldest transaction we have on record took place on Jan 09, 1980. See the full transaction history for 307 East 8th Street below.

Alphabet City, where 307 East 8th Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $850,000. For interested buyers, that means the building's median asking price is around 0.29% 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.

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.