501 West 156th Street

501 West 156th Street is a Co-op located in Washington Heights, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1987. The lot that the building was built on is 53 feet wide and 125 feet long. The official lot area is listed as 6,615 square feet. The building itself is 52 feet wide and 114 feet long. In total, 501 West 156th Street has a total floor area of 30,134 square feet. Of that, 25,634 square feet are used for residential purposes. About 4,500 square feet of the building are used for commercial purposes. There are a total of 35 units. Of those, 32 are residential units. There are three commercial units. 501 West 156th Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. There are 24 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 167 days The transaction that took the longest to complete was unit 41, listed on Oct 25, 2018 for $300,000. This particular unit ultimately sold 356 days later for $310,000. The most recent transaction was for unit 46, sold for $249,000 on Jul 18, 2023. Fun fact, the oldest transaction we have on record took place on Jul 19, 1973. See the full transaction history for 501 West 156th Street below.

Washington Heights, where 501 West 156th Street is located, has a median asking price of $930,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $252,000. For interested buyers, that means the building's median asking price is around 0.73% 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 are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $320,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $230,000. It is a 360 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $315,000. Active units for sale at 501 West 156th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.