$490,000
Updated 3 years ago
Sold

The Cambridge Club

56 Pine Street, 9-F

Financial District, Manhattan | Pearl Street & William Street

3 Rooms1 Bed1 Bath601 Square FeetCondo

$490,000
Common Charges$1,396
RE Taxes$978
Price Per SF
$815

This property was sold for $490,000 on 12/29/23.

Listing Features

  • Corner Apartment
  • Entry Foyer
  • High Ceilings [9']
  • Home Office
  • Wet Bar
  • Flr-to-Clg Windows
  • Dishwasher

Outdoor space and views

  • East Exposure
  • 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 for 56 Pine Street, 9-F

Introducing 56 Pine Street, #9F, The Cambridge Club. The Financial District's Best Priced 1 Bedroom!! You'll Want To See This!!

For the first time since the building turned condo in 2005 is an opportunity to purchase apartment #9F. It has soaring 9 ft ceilings, a wall of closets. 5 large windows with showers of light and exposure. This sun-kissed gem is a corner unit, both quiet and sunny. Upgrades include a brand-new GE stainless steel refrigerator in the kitchen and a beautiful, brand-new vanity in the bathroom. It has polished, hardwood floors. There's a dishwasher, ample cabinet space. The bedroom is enormous with plenty of size for a Queen, a nightstand and an office nook. It's move-in ready!

Relax with a spacious living/dining area to watch your favorite streaming shows after a long day's work.

There's a full-time doorman, laundry room on every floor, a billiard room, multiple lounges, a gym with floor to ceiling windows and a nice view, a bar and a movie screening room. Located across the street from the express 2/3 train, by Pace University, just a few blocks from the NY Stock Exchange, Cipriani Wall Street, The Wall Street Grille, Chef Jean Georges' new Tin building, Pier 17 concert space, Industry City restaurant. I'm sure you've heard of the new half a billion dollars Perelman Performing Arts center that just opened nearby.

Once the tallest office building in Manhattan, the building formerly known as "The Wallace" was named after developer James Wallace in the 19th century, designed by Oscar Wirz in the Romanesque Revival. The facade has a mixture of brick, stone, terra cotta. This landmarked building is also part of the Wall Street Historic District

There is an assessment of $409.31/month in effect until December 31st, 2023.

At only $830/sq foot at current asking price, 56 Pine #9F offers one of the best investment opportunities in NYC today, and in a neighborhood that is continuing to thrive. Contact me asap to schedule a tour before it's too late! We may never see this price for a 1 bedroom in the Financial District ever again.

Listing History for 56 Pine Street, 9-F

Now
12/29/2023
$490,000
Sold and Closed by Michael Chadwick
Corcoran
11/15/2023
Contract Signed by Michael Chadwick
Corcoran

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 Agent

Contact Agent

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: 725928