The Ashfield

The Ashfield is a Co-op located 305 West 55th Street, in Hell's Kitchen, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1980. The lot that the building was built on is 40 feet wide and 87 feet long. The official lot area is listed as 3,300 square feet. The building itself is 40 feet wide and 87 feet long. In total, 305 West 55th Street has a total floor area of 14,235 square feet. Of that, 14,235 square feet are used for residential purposes. There are a total of 20 units. Of those, 20 are residential units. 305 West 55th Street has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 25 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 133 days Meaning, listings tend to sell at a median of $960 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Aug 02, 2015 for $685,000. This particular unit ultimately sold 194 days later for $685,000. The most recent transaction was for unit 4D, which was first advertised on Aug 05, 2023, sold for $925,000 on Jan 25, 2024. Fun fact, the oldest transaction we have on record took place on Nov 15, 1966. See the full transaction history for The Ashfield below.

Hell's Kitchen, where 305 West 55th 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 $685,000. For interested buyers, that means the building's median asking price is around 0.09% 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 $545,000. It is a 1-bedroom and 1-bathroom unit.