87-10 51st Avenue

87-10 51st Avenue is a Co-op located in Elmhurst, Elmhurst. The building was first built in 1962 and is 62 years old. It was first renovated and altered in 2014. But was most recently renovated and altered in 2018. The lot that the building was built on is 207 feet wide and 309 feet long. The official lot area is listed as 52,434 square feet. The building itself is 140 feet wide and 280 feet long. In total, 87-10 51st Avenue has a total floor area of 141,954 square feet. Of that, 141,954 square feet are used for residential purposes. There are a total of 152 units. Of those, 152 are residential units. 87-10 51st 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 176 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 194 days and tend to sell below the original asking price of $537,500 by 7.03%. Meaning, listings tend to sell at a median of $600 price per square foot. The transaction that took the longest to complete was unit 6X, listed on Feb 08, 2019 for $309,000. This particular unit ultimately sold 360 days later for $220,000. The most recent transaction was for unit 3D, which was first advertised on Oct 07, 2022, sold for $450,000 on Jul 11, 2023. Fun fact, the oldest transaction we have on record took place on Jul 09, 1973. See the full transaction history for 87-10 51st Avenue below.

Elmhurst, where 87-10 51st 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 $537,500. For interested buyers, that means the building's median asking price is around 0.54% 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 are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $378,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $250,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, units for sale! The median price of all the active units for sale in the building is $314,000. Active units for sale at 87-10 51st Avenue have a median count of 0.5 bedrooms and have a median count of 1 bathroom.