Preston Apartments

Preston Apartments is a Co-op located 321 East 71st Street, in Upper East Side, New York. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 50 feet wide and 102 feet long. The official lot area is listed as 5,110 square feet. The building itself is 50 feet wide and 86 feet long. In total, 321 East 71st Street has a total floor area of 19,040 square feet. Of that, 19,040 square feet are used for residential purposes. There are a total of 39 units. Of those, 39 are residential units. 321 East 71st Street has a total of 5 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. 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 35 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 123 days Meaning, listings tend to sell at a median of $757 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Nov 08, 2019 for $270,000. This particular unit ultimately sold 255 days later for $270,000. The most recent transaction was for unit 4E, which was first advertised on Aug 10, 2023, sold for $334,000 on Nov 15, 2023. Fun fact, the oldest transaction we have on record took place on Mar 13, 1973. See the full transaction history for Preston Apartments below.

Upper East Side, where 321 East 71st Street is located, has a median asking price of $943,250 for co-op buildings. Meanwhile, the building itself has a median asking price of $335,000. For interested buyers, that means the building's median asking price is around 0.64% 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.