517 East 11th Street

517 East 11th Street is a condo located in Alphabet City, New York. The building was first built in 1900 and is 124 years old. The lot that the building was built on is 25 feet wide and 103 feet long. The official lot area is listed as 2,575 square feet. In total, 517 East 11th Street has a total floor area of 7,369 square feet. Of that, 7,369 square feet are used for residential purposes. There are a total of 6 units. Of those, 6 are residential units. There are no commercial units in this building.

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 18 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 192 days Meaning, listings tend to sell at a median of $1,264 price per square foot. The transaction that took the longest to complete was unit 1, listed on Aug 08, 2018 for $2,250,000. This particular unit ultimately sold 203 days later for $1,500,000. The most recent transaction was for unit 3, sold for $1,075,000 on Aug 25, 2020. Fun fact, the oldest transaction we have on record took place on Apr 08, 1966. See the full transaction history for 517 East 11th Street below.

Alphabet City, where 517 East 11th Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,895,000. For interested buyers, that means the building's median asking price is around 0.10% 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 $1,695,000. It is a 1,650 sqft 1-bedroom and 1-bathroom unit.