Eastwood Condo

Eastwood Condo is a condo located 753 East 5th Street, in Alphabet City, New York. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 27 feet wide and 82 feet long. The official lot area is listed as 2,201 square feet. In total, 753 East 5th Street has a total floor area of 8,301 square feet. Of that, 6,374 square feet are used for residential purposes. About 1,927 square feet of the building are used for commercial purposes. There are a total of 10 units. Of those, 8 are residential units. There are 2 commercial units.

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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 27 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 177 days Meaning, listings tend to sell at a median of $1,108 price per square foot. The transaction that took the longest to complete was unit 2A, listed on May 20, 2016 for $810,000. This particular unit ultimately sold 178 days later for $810,000. The most recent transaction was for unit 4A, sold for $950,000 on Sep 02, 2021. Fun fact, the oldest transaction we have on record took place on Aug 05, 1968. See the full transaction history for Eastwood Condo below.

Alphabet City, where 753 East 5th Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $810,000. For interested buyers, that means the building's median asking price is around 0.61% 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 $1,245,000. It is a 900 sqft 2-bedroom and 2-bathroom unit.