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.

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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 419 closings on record, of which we have matching data for 122 listings. In the past 3 years, a listing in this building will typically remain on the market for about 114 days Meaning, listings tend to sell at a median of $1,661 price per square foot. The transaction that took the longest to complete was unit 24D, listed on Apr 26, 2021 for $6,500,000. This particular unit ultimately sold 367 days later for $5,500,000. The most recent transaction was for unit 29C, which was first advertised on Oct 02, 2023, sold for $2,300,000 on Jan 18, 2024. Fun fact, the oldest transaction we have on record took place on Jun 03, 1977. 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 $1,562,500. For interested buyers, that means the building's median asking price is around 0.05% 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 are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $5,250,000. It is a 2,441 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $2,299,000. It is a 1,384 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 3 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $2,622,500. Collectively, the median square footage of these active units for sale is 1,382 sqft. Active units for sale at 555 West 59th Street are mostly 2-bedroom apartments Active units for sale at 555 West 59th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.