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The Cambridge Club
56 Pine Street, 3-D
Financial District, Manhattan | Pearl Street & William Street
5 Rooms2 Beds2 Baths1,040 Square FeetCondo
$750,000
$750,000
Updated 3 years ago
Sold

The Cambridge Club

56 Pine Street, 3-D

Financial District, Manhattan | Pearl Street & William Street

5 Rooms2 Beds2 Baths1,040 Square FeetCondo

$750,000
Common Charges$2,086
RE Taxes$1,467
Price Per SF
$721

This property was sold for $750,000 on 09/21/23.

Listing Features

  • Abundant Closets
  • Custom Closets
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings [11']
  • Recessed Lighting
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Wet Bar
  • Thermopane Windows
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • Pass Thru Kitchen
  • Windowed Kitchen
  • En Suite Bathroom

Outdoor space and views

  • North Exposure
  • South 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 for 56 Pine Street, 3-D

Enjoy modern living in the heart of historic Lower Manhattan! This tastefully-designed 2 bedroom (or 1 bedroom with home office) 2 bathroom home at the handsome 56 Pine rests in an architecturally-rich, sought-after living destination, The Financial District. *Please note the images are virtually staged and there is a tenant currently in place but will be delivered vacant* Lowest price per square foot (and rare larger unit) available in the building. The apartment is spacious and features a gracious entry foyer, huge north-facing Thermopane insulated windows, airy 11-foot ceilings, hardwood floors, recessed lighting, and refined finishes throughout. Relax and entertain in the large living room with open dining, served by an adjoining pass-through kitchen styled with custom cabinetry, black granite counters and breakfast bar. The generous primary bedroom suite is a perfect place to unwind with lots of room for a king-size bed, an enormous custom-outfitted walk-in closet by California Closets, and an upscale private tiled bathroom. The secondary bedroom with ample closets is cheerful and well suited as sleeping quarters or a home office. Nearby is a convenient second full bath off of the living area. Other highlights include central heat and AC, and laundry on every floor! Note there is a capital assessment of $611.61/month in place until December 2023 Built in 1894 as an office building and converted to a condominium in 2005, 56 Pine Street is a landmark Romanesque Revival-style building designed by Oscar Wirz. The amenitized prewar building offers 24-hour doorman/concierge and porter service, a health club, laundry facilities on each floor, a resident lounge with billiard table, wet bar, media room, and bike storage. The prime location is just a block from Wall Street, right across from the 2/3 subway station, moments to other major lines like the A, C, 4, 5, J, M, Z, W and R. Numerous shops, restaurants, cafes parks and food markets are also close by!

Listing History for 56 Pine Street, 3-D

Now
09/21/2023
$750,000
Sold and Closed by Stephen Ferrara
Compass
07/20/2023
Contract Signed by Stephen Ferrara
Compass
Load More

Building Details for 56 Pine Street

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

Citi Bike

William St & Pine St
0.04 miles
Maiden Ln & Pearl St
0.06 miles

Ferry

Wall St/Pier 11
0.27 miles

Contact Agents

Contact Agents

Stephen Ferrara
Compass
Clayton Orrigo
Compass
Eva Alt
Compass

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.

More

Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 184527
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