$589,000 $609,000
Updated 10 hours ago
The Cambridge Club
Financial District, Manhattan | Pearl Street & William Street
Studio 1 Bath775 Square FeetCondo

$589,000 $609,000
Common Charges$1,525
RE Taxes$941
Price Per SF
$760

Listing Features

  • Entry Foyer
  • Exposed Brick
  • Oversized Windows
  • Convection Oven
  • Dishwasher
  • Separate Kitchen

Outdoor space and views

  • North Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Billiards Room
  • Business Center
  • Elevator
  • Fitness Facility
  • Laundry Per Floor
  • Resident Lounge
  • Screening Room
  • WiFi

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description

Big Apartment - Small Price! Sunny and spacious, #11G at 56 Pine Street is a unique open layout of 775 total square feet with a separate kitchen and three extra large windows facing north. Perched high on the 11th floor, amongst the historic architectural details of the Financial District, the open floorplan is delineated by a handsome curved glass brick wall, allowing light to pass thru, while maintaining privacy and also creating a proper entry foyer. Ample closet space, solid hardwood floors, and a clean tile bath finish this impressive value package. The building is very special place to call home. Registered as a NYC Landmark, 56 Pine Street is lovely inside and out with its iconic terracotta and intricately carved stone facade. Inside, all the features you'd insist upon for a full service condo; an attentive 24 hour staff, state of the art fitness center, cinema room, resident lounge, and party room with wet bar for entertaining and events. Located in the heart of the Financial District, just across the street from the subway, Whole Foods just a block away, and the dynamic texture of new restaurants, cafes and nightlife that have opened recently. Give this neighborhood another look if you haven't already! Truly a unique find, and an extraordinary value for the savvy downtown buyer. $446.94 special monthly assessment for Local Law 11 applies.

Listing History

Now
02/08/2023
$589,000 [-$20,000] [3.3%]
Price Drop by Eric Fleming
Corcoran
01/24/2023
$609,000
Initial Price by Eric Fleming
Corcoran

Building Details

OwnershipCondo
Building TypeMid-Rise
Service LevelConcierge
AgePre-War
AccessElevator
Year Built1894
Financing Allowed90%
Floors/Apts16/90
Learn More About the Building

Transit and Citi Bike

Subway

Wall St
0.04 miles
Broad St
0.14 miles
Wall St
0.19 miles
Fulton St
0.21 miles
Rector St
0.26 miles

Ferry

Wall St/Pier 11
0.28 miles

Contact Agent

Contact Agent

1 Open House

Sunday, March 26, 2023
12:30 PM - 2:00 PM
View this property on the company's website

Building Availability

APPSF
Median
Average
$953
$650,000
$662,667
$905
$599,000
$599,000
Last 12 months
$837
-
-
Last 12 months
$60
-
-

Studio in Financial District

APPSF
Median
Average
$1,469
$675,000
$816,498
$1,737
$1,160,000
$1,094,905

Financial District | Manhattan

Quick Profile

The Financial District (FiDi) today is a bit of a hybrid neighborhood, as the residential component continues to grow in an area that has been historically dominated by the financial and insurance industries. The residential experiment, which began more than two decades ago, continues to evolve in an area with a large concentration of older, large office buildings. Developers have taken to these aged buildings and have re-positioned them as residential properties. In turn, the public spaces, services and retail establishments needed for a thriving residential neighborhood have followed making this an important destination for city residents.

Since 2000, the residential population of the Financial District has nearly tripled in size from about 23,000 residents to more than 60,000 inhabitants. Many of the residential pioneers to FiDi were people attracted to the lower rents in the neighborhood, particularly the post-collegiate crowd. While the millennials still maintain a large footprint here, there are plenty of families that now consider the Wall Street area home. 

Many of those that live in the Financial District walk to work. If you reside here and need to commute elsewhere, the transportation from here is about as good as it gets. Express trains can take you to Midtown, either east or west, in twenty minutes. Brooklyn is but a single subway stop away. There are also ferries across to Brooklyn, Queens and Staten Island.

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: 1930197