The Foundry

The Foundry is a condo located 312 East 23rd Street, in Gramercy Park, New York. The building was first built in 1901 and is 123 years old. It was first renovated and altered in 1984. The lot that the building was built on is 125 feet wide and 99 feet long. The official lot area is listed as 12,344 square feet. In total, 312 East 23rd Street has a total floor area of 117,566 square feet. Of that, 106,587 square feet are used for residential purposes. About 10,979 square feet of the building are used for commercial purposes. There are a total of 140 units. Of those, 134 are residential units. There are 6 commercial units. 312 East 23rd Street has a total of 12 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. For your convenience, laundry is located in the building. On weekends, residents can enjoy the building's deck. 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 180 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 137 days Meaning, listings tend to sell at a median of $1,157 price per square foot. The transaction that took the longest to complete was unit 7A, listed on Dec 10, 2021 for $1,095,000. This particular unit ultimately sold 355 days later for $0. The most recent transaction was for unit 3B, sold for $495,000 on Jan 31, 2024. Fun fact, the oldest transaction we have on record took place on Sep 09, 1988. See the full transaction history for The Foundry below.

Gramercy Park, where 312 East 23rd 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 $1,163,750. For interested buyers, that means the building's median asking price is around 0.42% 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.

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.