Gorham

Gorham is a Co-op located 889 Broadway, in Flatiron District, New York. The building was first built in 1884 and is 140 years old. It was first renovated and altered in 1984. But was most recently renovated and altered in 1989. The building is currently considered a landmark so make sure to check it out when you're in the area. The lot that the building was built on is 55 feet wide and 109 feet long. The official lot area is listed as 5,275 square feet. The building itself is 55 feet wide and 107 feet long. In total, 889 Broadway has a total floor area of 44,140 square feet. Of that, 38,809 square feet are used for residential purposes. About 5,331 square feet of the building are used for commercial purposes. There are a total of 18 units. Of those, 17 are residential units. There is one commercial unit. 889 Broadway has a total of 9 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. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. There are 19 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 126 days Meaning, listings tend to sell at a median of $1,570 price per square foot. The transaction that took the longest to complete was unit 2C, listed on Jan 04, 2018 for $2,995,000. This particular unit ultimately sold 194 days later for $1,897,350. The most recent transaction was for unit 4B, which was first advertised on Jan 21, 2021, sold for $3,150,000 on Jun 03, 2021. Fun fact, the oldest transaction we have on record took place on Apr 24, 1974. See the full transaction history for Gorham below.

Flatiron District, where 889 Broadway is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $2,372,500. For interested buyers, that means the building's median asking price is around 2.16% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op 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.