Herald Square Loft

Herald Square Loft is a Co-op located 31 West 31st Street, in Koreatown, New York. The building was first built in 1905 and is 119 years old. It was first renovated and altered in 1987. The lot that the building was built on is 33 feet wide and 99 feet long. The official lot area is listed as 3,240 square feet. The building itself is 33 feet wide and 99 feet long. In total, 31 West 31st Street has a total floor area of 32,032 square feet. Of that, 28,832 square feet are used for residential purposes. About 3,200 square feet of the building are used for commercial purposes. There are a total of 11 units. Of those, 10 are residential units. There is one commercial unit. 31 West 31st Street has a total of 11 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 31 West 31st Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. 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 12 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 221 days Meaning, listings tend to sell at a median of $1,038 price per square foot. The transaction that took the longest to complete was unit 8FL, listed on Jul 27, 2016 for $2,449,999. This particular unit ultimately sold 279 days later for $2,300,000. The most recent transaction was for unit 5, sold for $2,403,130 on Oct 26, 2021. Fun fact, the oldest transaction we have on record took place on Aug 04, 1969. See the full transaction history for Herald Square Loft below.

Koreatown, where 31 West 31st 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 $1,722,500. For interested buyers, that means the building's median asking price is around 1.30% 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.

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.