Spencer Apartments Inc.

Spencer Apartments Inc. is a Co-op located 523 West 121st Street, in Morningside Heights, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1987. The lot that the building was built on is 67 feet wide and 101 feet long. The official lot area is listed as 6,728 square feet. The building itself is 67 feet wide and 86 feet long. In total, 523 West 121st Street has a total floor area of 28,668 square feet. Of that, 28,668 square feet are used for residential purposes. There are a total of 24 units. Of those, 24 are residential units. 523 West 121st 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. 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 21 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 128 days Meaning, listings tend to sell at a median of $854 price per square foot. The transaction that took the longest to complete was unit 52, listed on Aug 11, 2016 for $830,000. This particular unit ultimately sold 175 days later for $830,000. The most recent transaction was for unit 31, sold for $0 on Jan 16, 2024. Fun fact, the oldest transaction we have on record took place on Mar 23, 2005. See the full transaction history for Spencer Apartments Inc. below.

Morningside Heights, where 523 West 121st Street is located, has a median asking price of $941,250 for co-op buildings. Meanwhile, the building itself has a median asking price of $853,750. For interested buyers, that means the building's median asking price is around 0.09% 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 $1,080,000. It is a 2-bedroom and 2-bathroom unit.