509 W 122nd Street

509 W 122nd Street is a Co-op located 509 West 122nd Street, in Morningside Heights, New York. The building was first built in 1907 and is 117 years old. It was first renovated and altered in 1987. The lot that the building was built on is 75 feet wide and 91 feet long. The official lot area is listed as 6,819 square feet. The building itself is 75 feet wide and 76 feet long. In total, 509 West 122nd Street has a total floor area of 28,860 square feet. Of that, 28,860 square feet are used for residential purposes. There are a total of 30 units. Of those, 30 are residential units. 509 West 122nd 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. 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 39 closings on record, of which we have matching data for 16 listings. In the past 3 years, a listing in this building will typically remain on the market for about 138 days and tend to sell below the original asking price of $635,000 by 6.52%. Meaning, listings tend to sell at a median of $722 price per square foot. The transaction that took the longest to complete was unit 5, listed on Jun 07, 2016 for $460,000. This particular unit ultimately sold 308 days later for $430,000. The most recent transaction was for unit 22, which was first advertised on Sep 08, 2023, sold for $855,000 on Dec 29, 2023. Fun fact, the oldest transaction we have on record took place on Oct 24, 1967. See the full transaction history for 509 W 122nd Street below.

Morningside Heights, where 509 West 122nd 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 $635,000. For interested buyers, that means the building's median asking price is around 0.33% 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 $629,000. It is a 650 sqft 2-bedroom and 1-bathroom unit.