92-53 51st Avenue

92-53 51st Avenue is a condo located in Elmhurst, Elmhurst. The building was first built in 1988 and is 36 years old. The official lot area is listed as 4,000 square feet. In total, 92-53 51st Avenue has a total floor area of 8,157 square feet. Of that, 7,447 square feet are used for residential purposes. About 710 square feet of the building are used for commercial purposes. Additionally, the building has a 318 square feet garage. There are a total of 13 units. Of those, 9 are residential units. There are 4 commercial units. 92-53 51st Avenue has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 31 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 80 days and tend to sell below the original asking price of $492,500 by 2.99%. Meaning, listings tend to sell at a median of $514 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Jan 17, 2022 for $550,000. This particular unit ultimately sold 116 days later for $510,000. The most recent transaction was for unit 4A, sold for $0 on Aug 03, 2023. Fun fact, the oldest transaction we have on record took place on Dec 12, 1988. See the full transaction history for 92-53 51st Avenue below.

Elmhurst, where 92-53 51st Avenue is located, has a median asking price of $749,000 for condo buildings. Meanwhile, the building itself has a median asking price of $492,500. For interested buyers, that means the building's median asking price is around 0.34% 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.