510 East 5th Street

510 East 5th Street is a Co-op located in Alphabet City, New York. The building was first built in 1900 and is 124 years old. It was first renovated and altered in 1989. The lot that the building was built on is 25 feet wide and 96 feet long. The official lot area is listed as 2,404 square feet. The building itself is 25 feet wide and 54 feet long. In total, 510 East 5th Street has a total floor area of 6,875 square feet. Of that, 6,875 square feet are used for residential purposes. There are a total of 18 units. Of those, 18 are residential units. 510 East 5th Street has a total of 5 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 12 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 82 days The transaction that took the longest to complete was unit 12, listed on Feb 14, 2014 for $295,000. This particular unit ultimately sold 82 days later for $275,000. The most recent transaction was for unit 12, which was first advertised on Feb 14, 2014, sold for $275,000 on May 07, 2014. Fun fact, the oldest transaction we have on record took place on Aug 06, 1973. See the full transaction history for 510 East 5th Street below.

Alphabet City, where 510 East 5th Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $295,000. For interested buyers, that means the building's median asking price is around 0.75% 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 $450,000. It is a studio-bedroom and 1-bathroom unit.