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A blog from CityRealty (Links below will take you to the 6sqft site)

56 Pine Street

Between Pearl Street & William Street

Key Details

  • Year Built 1894
    Converted Year 2005
    Building Type Condominium
    Neighborhood Financial District
  • Total Apartments 90
    Total Floors 12
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
$66
Avg. Price / ft2
Avg. Price / ft2

Description

56 Pine Street, a 12-story condominium, was built in 1894 as an office building, designed by architect Oswald Wirz in a delightful style, decked out in orange brick and stone wrought into floral patterns, ornate arches, and twisting columns. 56 Pine Street, one of the city’s oldest high-rise buildings, bears an individual landmark designation and lists on the National Register of Historic Places. The exceedingly narrow Pine Street, which dates back to the city’s earliest Colonial days, feels like a medieval alley, hemmed in by stately stone trimmed buildings on all sides and channeling quintessential Downtown spirit.

 

Apartments feature ten-foot ceilings, and many offer windowed kitchens and bathrooms. The building, pet-friendly and serviced by a full-time doorman, offers laundry facilities on every floor, a fitness center, full club floor with a media lounge, library with free Wi-Fi, billiards room, and event space with a wet bar.

 

56 Pine Street stands across the street from the Wall Street station of the 2 and 3 trains, located within the spacious public atrium at 60 Wall Street, and is within a short walk to around a dozen various subway lines, the PATH train, and the Wall Street ferry that offers access to the Brooklyn Bridge Park across the river, Midtown, Long Island City, and as far as the Rockaways. The nearby East River greenway connects to the park belt along the harbor and the Hudson River, allowing for an uninterrupted bike ride all the way to the George Washington Bridge and beyond. The shopping and dining at Pier 17 is situated within a few blocks, as are numerous local restaurants such as Crown Shy, Cipriani's, Felice 15, Fino Wall St, Giardino D'Oro, the Trading Post NYC, the Woolworth Tower Kitchen, the outdoor venues at Stone Street, and more. The Whole Foods store on Broadway is a short walk away.

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Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Central AC
  • Washer/Dryer in building
  • Elevator
  • Event Room
  • Lounge
  • Fitness Center
  • Laundry Room
  • Bike Room
  • Game Room
  • Landmarked
  • Library
  • Live-In Superintendent
  • Screening Room

Apartments for Sale at 56 Pine Street (8)

8
Available Apts
$480K - $1.2M
Price Range
$1,036
Avg. Price / ft2
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Apartments for Rent at 56 Pine Street (7)

7
Available Apts
$2,475
Prices Start At
$66
Avg. Price / ft2
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No Listings Found. Please update the search criteria.
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Rating

23
Out of 44

Architecture Rating: 23 / 44

+
30
Out of 36

Location Rating: 30 / 36

+
13
Out of 39

Features Rating: 13 / 39

+
8
=
74

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #38 Rated condo - FIDI - BPC
  • #25 Rated condo - Financial District
 
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Carter Horsley's Review

Carter Horsley's Building Review
"This very handsome building was designed by Oswald Wirz and erected in 1894 by James G. Wallace in the Romanesque Revival style. It was designated an official city landmark in 1997 and was converted to 90 condominium apartments in 2005.

The 15-story building has a warm orange-yellow brick, stone and terra cotta façade and a four-story rusticated base with arched windows on the first and top floors." Read Carter's Full Review
Pros
  • Romanesque Revival landmark
  • Laundries on each floor
  • Individual controlled heating and air-conditioning
  • Concierge
  • Doorman
  • Bicycle storage
  • High ceilings
  • Billiards room
  • Fitness center
  • Wired conference room
  • Not far from the South Street Seaport
  • Good public transportation
  • Heart of the Financial District
  • Close to Subway
Cons
  • Many apartments per floor
  • No sidewalk landscaping
  • No balconies
  • No roof deck
  • No garage
  • Not too many views
  • Considerable traffic
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More Neighborhood Info

Subways

  1. 2
  2. 3
at William and Cedar 0.04 miles
  1. J
  2. Z
at Nassau and Cedar 0.14 miles
  1. 4
  2. 5
at Broadway and Rector 0.19 miles
  1. A
  2. C
at William 0.20 miles
  1. R
at Trinity Pl 0.26 miles
  1. 1
at Greenwich 0.29 miles
  1. E
at Church and Park Pl 0.40 miles
  1. 6
at Centre and Reade 0.48 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$772
Avg. Price / ft2
Based on 1 Sales
 

Closing History - Last 10 sales

10
Units Sold
$486.9K - $975K
Price Range
$965
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 379 Available for Sale
  • $1,636 Avg. Price / Ft2
  • $2,095,940 Avg. Price
  • $1,600,000 Median Price
  1. Most Expensive 25 Park Row Apt PH45A | $25,000,000
    Price / ft2 $4,197
  2. Least Expensive 3 Hanover Square Apt 8A | $465,000
Not enough data available to generate chart.
  • 278 Available for Rent
  • $64 Avg. Price / Ft2
  • $5,089 Avg. Price
  • $4,088 Median Price
  1. Most Expensive 50 West Apt PH60B | $30,000
    Price / ft2 $100
  2. Least Expensive 3 Hanover Square Apt 6A | $2,200
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 163 Total Sales
  • $1,131 Avg. Price / Ft2
  • $1,173,879 Avg. Price
  • $977,000 Median Price
  1. Most Expensive The Beekman Residences Apt 49A | $3,350,000
    Price / ft2 $2,063
  2. Least Expensive Downtown Club Apt 35F | $406,614
    Price / ft2 $1,064

Alternate Addresses

  • 26 Cedar Street
  • 28 Cedar Street
  • The Wallace Building

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