The Bindery

The Bindery is a condo located 324 Pearl Street, in Financial District, New York. The building was first built in 1882 and is 142 years old. The lot that the building was built on is 75 feet wide and 130 feet long. The official lot area is listed as 7,700 square feet. In total, 324 Pearl Street has a total floor area of 37,646 square feet. Of that, 37,646 square feet are used for residential purposes. There are a total of 48 units. Of those, 48 are residential units. There are no commercial units in this building. 324 Pearl Street has a total of 5 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. Both dogs and cats are allowed in the building! There are 115 closings on record, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 121 days Meaning, listings tend to sell at a median of $1,065 price per square foot. The transaction that took the longest to complete was unit 1K, listed on Jul 09, 2020 for $1,995,000. This particular unit ultimately sold 322 days later for $1,522,500. The most recent transaction was for unit 1F, sold for $0 on Nov 02, 2023. Fun fact, the oldest transaction we have on record took place on Sep 25, 1969. See the full transaction history for The Bindery below.

Financial District, where 324 Pearl Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $599,500. For interested buyers, that means the building's median asking price is around 0.71% 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.