517 West 48th Street

517 West 48th Street is a Co-op located in Hell's Kitchen, New York. The building was first built in 1901 and is 123 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 2,510 square feet. The building itself is 25 feet wide and 79 feet long. In total, 517 West 48th Street has a total floor area of 9,730 square feet. Of that, 9,730 square feet are used for residential purposes. There are a total of 18 units. Of those, 18 are residential units. 517 West 48th 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. Only cats are allowed in the building. There are 13 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 201 days The transaction that took the longest to complete was unit 5F, listed on May 25, 2021 for $645,000. This particular unit ultimately sold 232 days later for $645,000. The most recent transaction was for unit 5F, which was first advertised on May 25, 2021, sold for $645,000 on Jan 12, 2022. Fun fact, the oldest transaction we have on record took place on Mar 04, 1968. See the full transaction history for 517 West 48th Street below.

Hell's Kitchen, where 517 West 48th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $535,000. For interested buyers, that means the building's median asking price is around 0.29% 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 $350,000. It is a studio-bedroom and 1-bathroom unit.