54 East 1st Street

54 East 1st Street is a Co-op located in Bowery, New York. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 21 feet wide and 100 feet long. The official lot area is listed as 2,357 square feet. The building itself is 21 feet wide and 88 feet long. In total, 54 East 1st Street has a total floor area of 10,083 square feet. Of that, 9,583 square feet are used for residential purposes. About 500 square feet of the building are used for commercial purposes. There are a total of 25 units. Of those, 24 are residential units. There is one commercial unit. 54 East 1st 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. There are 24 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 161 days and tend to sell below the original asking price of $522,000 by 3.13%. Meaning, listings tend to sell at a median of $1,021 price per square foot. The transaction that took the longest to complete was unit 4B5B, listed on May 04, 2017 for $995,000. This particular unit ultimately sold 279 days later for $975,000. The most recent transaction was for unit 1C, which was first advertised on Sep 05, 2023, sold for $650,000 on Dec 18, 2023. Fun fact, the oldest transaction we have on record took place on May 07, 1979. See the full transaction history for 54 East 1st Street below.

Bowery, where 54 East 1st 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 $522,000. For interested buyers, that means the building's median asking price is around 0.56% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.