242 Apartment Corp.

242 Apartment Corp. is a Co-op located 242 East 19th Street, in Gramercy Park, New York. The building was first built in 1929 and is 95 years old. The lot that the building was built on is 80 feet wide and 140 feet long. The official lot area is listed as 11,360 square feet. The building itself is 114 feet wide and 126 feet long. In total, 242 East 19th Street has a total floor area of 138,470 square feet. Of that, 132,970 square feet are used for residential purposes. About 5,500 square feet of the building are used for commercial purposes. Additionally, the building has a 1,500 square feet garage. There are a total of 109 units. Of those, 105 are residential units. There are four commercial units. 242 East 19th Street has a total of 16 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! 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 83 closings on record, of which we have matching data for 36 listings. In the past 3 years, a listing in this building will typically remain on the market for about 117 days Meaning, listings tend to sell at a median of $1,199 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Jun 22, 2018 for $1,775,000. This particular unit ultimately sold 368 days later for $1,650,000. The most recent transaction was for unit 14D, which was first advertised on Sep 26, 2022, sold for $1,300,000 on Mar 31, 2023. Fun fact, the oldest transaction we have on record took place on Jan 07, 2004. See the full transaction history for 242 Apartment Corp. below.

Gramercy Park, where 242 East 19th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,227,000. For interested buyers, that means the building's median asking price is around 0.64% 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.

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 $1,199,000. It is a 1-bedroom and 1-bathroom unit.