89-20 55th Avenue

89-20 55th Avenue is a Co-op located in Elmhurst, Elmhurst. The building was first built in 1957 and is 67 years old. The lot that the building was built on is 251 feet wide and 181 feet long. The official lot area is listed as 26,500 square feet. The building itself is 218 feet wide and 163 feet long. In total, 89-20 55th Avenue has a total floor area of 109,796 square feet. Of that, 109,796 square feet are used for residential purposes. There are a total of 120 units. Of those, 120 are residential units. 89-20 55th Avenue has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 39 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 208 days and tend to sell below the original asking price of $347,000 by 3.31%. Meaning, listings tend to sell at a median of $434 price per square foot. The transaction that took the longest to complete was unit 4L, listed on May 02, 2023 for $358,000. This particular unit ultimately sold 224 days later for $315,000. The most recent transaction was for unit 4L, which was first advertised on May 02, 2023, sold for $315,000 on Dec 12, 2023. Fun fact, the oldest transaction we have on record took place on Sep 01, 1966. See the full transaction history for 89-20 55th Avenue below.

Elmhurst, where 89-20 55th Avenue is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $347,000. For interested buyers, that means the building's median asking price is around 0.01% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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 $259,000. It is a 1-bedroom and 1-bathroom unit.