315 West 55th Street

315 West 55th Street is a Co-op located 315 West 55th Street, in Hell's Kitchen, New York. The building was first built in 1945 and is 79 years old. It was first renovated and altered in 1972. The lot that the building was built on is 57 feet wide and 100 feet long. The official lot area is listed as 5,725 square feet. The building itself is 57 feet wide and 71 feet long. In total, 315 West 55th Street has a total floor area of 26,959 square feet. Of that, 25,959 square feet are used for residential purposes. About 1,000 square feet of the building are used for commercial purposes. There are a total of 44 units. Of those, 42 are residential units. There are two commercial units. 315 West 55th Street has a total of 7 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. For your convenience, laundry is located in the building. There are 45 closings on record, of which we have matching data for 21 listings. In the past 3 years, a listing in this building will typically remain on the market for about 159 days Meaning, listings tend to sell at a median of $888 price per square foot. The transaction that took the longest to complete was unit 2G, listed on Jul 06, 2020 for $710,000. This particular unit ultimately sold 322 days later for $595,000. The most recent transaction was for unit 1D, which was first advertised on Feb 26, 2023, sold for $335,000 on Jul 20, 2023. Fun fact, the oldest transaction we have on record took place on Jan 27, 1969. See the full transaction history for 315 West 55th Street below.

Hell's Kitchen, where 315 West 55th 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 $405,000. For interested buyers, that means the building's median asking price is around 0.46% 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.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $625,000. It is a 1 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $350,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, units for sale! The median price of all the active units for sale in the building is $487,500. Active units for sale at 315 West 55th Street have a median count of 0.5 bedrooms and have a median count of 1.5 bathrooms.