342 West 56th Street

342 West 56th Street is a Co-op located in Hell's Kitchen, New York. The building was first built in 1930 and is 94 years old. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 88 feet long. In total, 342 West 56th Street has a total floor area of 28,034 square feet. Of that, 28,034 square feet are used for residential purposes. There are a total of 42 units. Of those, 42 are residential units. 342 West 56th Street has a total of 7 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. 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! 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 53 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 173 days and tend to sell below the original asking price of $555,000 by 2.14%. Meaning, listings tend to sell at a median of $1,243 price per square foot. The transaction that took the longest to complete was unit 2F, listed on Jun 14, 2018 for $625,000. This particular unit ultimately sold 306 days later for $585,000. The most recent transaction was for unit 2C, sold for $455,000 on May 02, 2023. Fun fact, the oldest transaction we have on record took place on Jan 17, 1969. See the full transaction history for 342 West 56th Street below.

Hell's Kitchen, where 342 West 56th 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 $555,000. For interested buyers, that means the building's median asking price is around 0.26% 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.