55 Hester Street

55 Hester Street is a condo located in Chinatown, New York. The building was first built in 1940 and is 84 years old. It was first renovated and altered in 2008. But was most recently renovated and altered in 2008. The lot that the building was built on is 46 feet wide and 88 feet long. The official lot area is listed as 3,735 square feet. The building itself is 46 feet wide and 88 feet long. In total, 55 Hester Street has a total floor area of 21,794 square feet. Of that, 18,230 square feet are used for residential purposes. About 3,564 square feet of the building are used for commercial purposes. There are a total of 29 units. Of those, 27 are residential units. There are 2 commercial units. 55 Hester Street has a total of 12 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 15 closings on record. The most recent transaction was for unit 8A, sold for $930,000 on Aug 16, 2019. Fun fact, the oldest transaction we have on record took place on Nov 15, 2010. See the full transaction history for 55 Hester Street below.

Chinatown, where 55 Hester Street is located, has a median asking price of $2,109,500 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% 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 $799,000. It is a 1-bedroom and 1-bathroom unit.