Tesoro 317 East 111th Street, New York, NY 10029

Tesoro is a condo located 317 East 111th Street, in East Harlem, New York. The building was first built in 2008 and is 15 years old. It was first renovated and altered in 2008. The lot that the building was built on is 50 feet wide and 101 feet long. The official lot area is listed as 5,046 square feet. In total, 317 East 111th Street has a total floor area of 17,600 square feet. Of that, 17,600 square feet are used for residential purposes. There are a total of 21 units. Of those, 21 are residential units. There are no commercial units in this building. 317 East 111th Street has a total of 7.00000000000 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! Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Alternatively, take a stroll around the building's courtyard. Both dogs and cats are allowed in the building! There are 31 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 116 days and tend to sell below the original asking price of $659,500 by 0.39%. Meaning, listings tend to sell at a median of $686 price per square foot. The transaction that took the longest to complete was unit 5B, listed on May 12, 2021 for $625,000. This particular unit ultimately sold 134 days later for $620,000. The most recent transaction was for unit 5B, which was first advertised on May 12, 2021, sold for $620,000 on Sep 23, 2021. Fun fact, the oldest transaction we have on record took place on Jun 26, 1969. See the full transaction history for Tesoro below.

East Harlem, where 317 East 111th Street is located, has a median asking price of $1,695,000 for condo buildings. Meanwhile, the building itself has a median asking price of $659,500. For interested buyers, that means the building's median asking price is around 0.61% 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.

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 $699,000. It is a 920 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $429,000. It is a 490 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $564,000. Collectively, the median square footage of these active units for sale is 705 sqft. Active units for sale at 317 East 111th Street have a median count of 0.5 bedrooms and have a median count of 1 bathroom.