Updated 15 days ago
Little Italy, Manhattan | Spring Street & Kenmare Street
2,688 Square FeetMixed Use

$6,500,000
floors / apts4 / 4
Lot Size18'8"x49'8"
Built Size19'x36'
ZoneC6-2
Building TypeLow-Rise
RE Taxes$13,819
Price Per SF
$2,418

Building Amenities

  • Voice Intercom

Property Description

172 Elizabeth is a newly renovated 4-story mixed-use building located on the east side of Elizabeth Street between Spring and Kenmare Streets in NoLita. The building is comprised of 4 free market residential units over a restaurant. The building is classified as tax class 2A which limits the increase in taxes. The property is centrally located near the JZ, 6, BDFM, NQRW and ACE subway stops.

Listing History

Now
05/24/2022
$6,500,000
Initial Price by Maurice Suede
Cushman & Wakefield
Launch

Building Details

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Bowery
0.06 miles
Spring St
0.16 miles
Grand St
0.2 miles
Prince St
0.28 miles
2 Av
0.3 miles

Contact Agents

Contact Agents

Maurice Suede
Cushman & Wakefield
Bobby Carrozzo
Cushman & Wakefield
Daniel Soyak
Cushman & Wakefield
View this property on the company's website

Little Italy | Manhattan

Quick Profile

It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told. 

Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street. 

One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine. 

Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 85978TH