Element Condominium

Element Condominium is a condo located 555 West 59th Street, in Lincoln Square, New York. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 178 feet wide and 201 feet long. The official lot area is listed as 43,072 square feet. The building itself is 155 feet wide and 200 feet long. In total, 555 West 59th Street has a total floor area of 294,332 square feet. Of that, 230,250 square feet are used for residential purposes. About 64,082 square feet of the building are used for commercial purposes. Additionally, the building has a 28,214 square feet garage. There are a total of 191 units. Of those, 186 are residential units. There are 5 commercial units. 555 West 59th Street has a total of 33 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 3 elevators in 555 West 59th Street.

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. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Both dogs and cats are allowed in the building! There are 416 closings on record, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 217 days Meaning, listings tend to sell at a median of $1,737 price per square foot. The transaction that took the longest to complete was unit 22F, listed on Apr 11, 2019 for $2,270,000. This particular unit ultimately sold 341 days later for $2,087,000. The most recent transaction was for unit 29C, sold for $2,300,000 on Jan 18, 2024. Fun fact, the oldest transaction we have on record took place on Jan 30, 2008. See the full transaction history for Element Condominium below.

Lincoln Square, where 555 West 59th Street is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,172,500. For interested buyers, that means the building's median asking price is around 1.30% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit 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 $2,495,000. It is a 1,689 sqft 3-bedroom and 3-bathroom unit.