Equitable Building

Equitable Building is a Co-op located 502 West 141st Street, in Hamilton Heights, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1987. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,478 square feet. The building itself is 24 feet wide and 88 feet long. In total, 502 West 141st Street has a total floor area of 12,270 square feet. Of that, 12,270 square feet are used for residential purposes. There are a total of 12 units. Of those, 12 are residential units. 502 West 141st Street has a total of 6 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. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Only cats are allowed in the building. There are 23 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 187 days Meaning, listings tend to sell at a median of $558 price per square foot. The transaction that took the longest to complete was unit 3B, listed on Jan 08, 2018 for $315,000. This particular unit ultimately sold 367 days later for $368,000. The most recent transaction was for unit 2B, which was first advertised on Nov 17, 2021, sold for $415,000 on May 16, 2022. Fun fact, the oldest transaction we have on record took place on Nov 15, 1966. See the full transaction history for Equitable Building below.

Hamilton Heights, where 502 West 141st Street is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $389,000. For interested buyers, that means the building's median asking price is around 0.59% 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 $425,000. It is a 2-bedroom and 1-bathroom unit.