Fairmont Manor

Fairmont Manor is a Co-op located 401 East 86th Street, in Yorkville, New York. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 101 feet wide and 181 feet long. The official lot area is listed as 17,375 square feet. The building itself is 97 feet wide and 150 feet long. In total, 401 East 86th Street has a total floor area of 184,745 square feet. Of that, 166,745 square feet are used for residential purposes. About 18,000 square feet of the building are used for commercial purposes. Additionally, the building has a 10,000 square feet garage. There are a total of 232 units. Of those, 229 are residential units. There are three commercial units. 401 East 86th Street has a total of 19 floors. Thankfully, the building is equipped with elevator service. Residents can access the three elevators in 401 East 86th Street.

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! For your convenience, laundry is located in the building. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! 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 115 closings on record, of which we have matching data for 36 listings. In the past 3 years, a listing in this building will typically remain on the market for about 157 days Meaning, listings tend to sell at a median of $975 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Jan 17, 2018 for $640,000. This particular unit ultimately sold 330 days later for $600,000. The most recent transaction was for unit 10C, which was first advertised on May 19, 2023, sold for $1,460,000 on Nov 06, 2023. Fun fact, the oldest transaction we have on record took place on Sep 13, 1971. See the full transaction history for Fairmont Manor below.

Yorkville, where 401 East 86th 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 $899,000. For interested buyers, that means the building's median asking price is around 0.05% 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.

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 $695,000. It is a 1-bedroom and 1-bathroom unit.