38 East 85th Street

38 East 85th Street is a Co-op located 38 East 85th Street, in Upper East Side, New York. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 1986. The lot that the building was built on is 102 feet wide and 100 feet long. The official lot area is listed as 10,217 square feet. The building itself is 98 feet wide and 90 feet long. In total, 38 East 85th Street has a total floor area of 107,547 square feet. Of that, 101,947 square feet are used for residential purposes. About 5,600 square feet of the building are used for commercial purposes. There are a total of 66 units. Of those, 60 are residential units. There are six commercial units. 38 East 85th Street has a total of 12 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 40 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 190 days and tend to sell below the original asking price of $1,838,825 by 14.29%. Meaning, listings tend to sell at a median of $1,853 price per square foot. The transaction that took the longest to complete was unit 5A, listed on Feb 17, 2017 for $3,150,000. This particular unit ultimately sold 355 days later for $2,700,000. The most recent transaction was for unit 7E, which was first advertised on Jul 12, 2023, sold for $1,600,000 on Nov 13, 2023. Fun fact, the oldest transaction we have on record took place on Apr 16, 1970. See the full transaction history for 38 East 85th Street below.

Upper East Side, where 38 East 85th Street is located, has a median asking price of $945,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,838,825. For interested buyers, that means the building's median asking price is around 0.95% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit 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 $890,000. It is a 800 sqft 1-bedroom and 1-bathroom unit.