311 E.25th Owners Corp.

311 E.25th Owners Corp. is a Co-op located 311 East 25th Street, in Kips Bay, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1986. The lot that the building was built on is 50 feet wide and 99 feet long. The official lot area is listed as 4,375 square feet. The building itself is 50 feet wide and 88 feet long. In total, 311 East 25th Street has a total floor area of 22,812 square feet. Of that, 22,812 square feet are used for residential purposes. There are a total of 42 units. Of those, 42 are residential units. 311 East 25th Street has a total of 6 floors. Thankfully, the building is equipped with elevator service.

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. Both dogs and cats are allowed in the building! There are 35 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 124 days Meaning, listings tend to sell at a median of $851 price per square foot. The transaction that took the longest to complete was unit 4G, listed on Jul 12, 2023 for $425,000. This particular unit ultimately sold 201 days later for $405,000. The most recent transaction was for unit 4G, which was first advertised on Jul 12, 2023, sold for $405,000 on Jan 29, 2024. Fun fact, the oldest transaction we have on record took place on Jun 03, 1976. See the full transaction history for 311 E.25th Owners Corp. below.

Kips Bay, where 311 East 25th 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 $302,100. For interested buyers, that means the building's median asking price is around 0.60% 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.