The Iris Condominium

The Iris Condominium is a condo located 78 West 85th Street, in Upper West Side, New York. The building was first built in 1920 and is 104 years old. The lot that the building was built on is 80 feet wide and 102 feet long. The official lot area is listed as 8,174 square feet. The building itself is 80 feet wide and 98 feet long. In total, 78 West 85th Street has a total floor area of 28,599 square feet. Of that, 18,741 square feet are used for residential purposes. About 9,858 square feet of the building are used for commercial purposes. There are a total of 59 units. Of those, 51 are residential units. There are 8 commercial units. 78 West 85th Street has a total of 8 floors. Thankfully, the building is equipped with elevator service.

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. 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. Both dogs and cats are allowed in the building! There are 74 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 213 days and tend to sell below the original asking price of $599,888 by 16.65%. Meaning, listings tend to sell at a median of $1,279 price per square foot. The transaction that took the longest to complete was unit 6B, listed on May 13, 2021 for $775,000. This particular unit ultimately sold 294 days later for $790,000. The most recent transaction was for unit 5C, which was first advertised on Aug 29, 2023, sold for $560,000 on Dec 18, 2023. Fun fact, the oldest transaction we have on record took place on Jan 30, 1968. See the full transaction history for The Iris Condominium below.

Upper West Side, where 78 West 85th 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 $599,888. For interested buyers, that means the building's median asking price is around 0.64% 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.

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.