38 Nine

38 Nine is a condo located 502 9th Avenue, in Garment District, New York. The building was first built in 2005 and is 19 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 4,950 square feet. The building itself is 49 feet wide and 70 feet long. In total, 502 9th Avenue has a total floor area of 28,007 square feet. Of that, 26,211 square feet are used for residential purposes. About 1,796 square feet of the building are used for commercial purposes. There are a total of 37 units. Of those, 36 are residential units. There are 1 commercial units. 502 9th Avenue has a total of 11 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. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Residents who own pets will be happy to hear that the building is pet-friendly. There are 72 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 97 days Meaning, listings tend to sell at a median of $1,361 price per square foot. The transaction that took the longest to complete was unit 2B, listed on May 01, 2016 for $1,150,000. This particular unit ultimately sold 201 days later for $1,120,000. The most recent transaction was for unit 1A, which was first advertised on Feb 08, 2023, sold for $950,000 on May 12, 2023. Fun fact, the oldest transaction we have on record took place on Feb 13, 1969. See the full transaction history for 38 Nine below.

Garment District, where 502 9th Avenue is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,137,500. For interested buyers, that means the building's median asking price is around 0.43% 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.

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 $1,150,000. It is a 918 sqft 2-bedroom and 2-bathroom unit.