Gershwin House

Gershwin House is a Co-op located 316 West 103rd Street, in Upper West Side, New York. The building was first built in 1899 and is 125 years old. The lot that the building was built on is 25 feet wide and 101 feet long. The official lot area is listed as 2,523 square feet. The building itself is 25 feet wide and 58 feet long. In total, 316 West 103rd Street has a total floor area of 7,250 square feet. Of that, 7,250 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. 316 West 103rd Street has a total of 3 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! 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 124 days Meaning, listings tend to sell at a median of $1,136 price per square foot. The transaction that took the longest to complete was unit 4R, listed on Sep 03, 2021 for $725,000. This particular unit ultimately sold 229 days later for $600,000. The most recent transaction was for unit 4R, which was first advertised on Sep 03, 2021, sold for $600,000 on Apr 20, 2022. Fun fact, the oldest transaction we have on record took place on Jan 04, 1980. See the full transaction history for Gershwin House below.

Upper West Side, where 316 West 103rd Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $625,000. For interested buyers, that means the building's median asking price is around 0.34% 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 is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $700,000. It is a 1-bedroom and 1-bathroom unit.