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

56 Pine Street, #10C

$450,000 ($1,039 per ft2) -9.8% | Studio, 1 bath | Approx. 433 ft2

Key Details

  • Listed Feb 13, 2020
    Last Price Change -9.8% ($49,000) on Jul 13
    Building Type Condominium
    Neighborhood Financial District
  • Monthly Common Charges $844
    Monthly Real Estate Taxes $620
    Doorman FT Doorman

Description

Apartment 10C is a wonderfully spacious, loft-like studio, with soaring 10-foot ceilings, and beautiful, over-sized windows. Located in the historic 56 Pine Condominium, it makes a perfect first home or investor unit. The expansive living area easily accommodates a king-sized bed and a full set of living room furniture and is perfect for entertaining or quiet evenings at home.

The kitchen features granite counter-tops, custom cabinetry and stainless steel appliances, while the beautifully renovated bathroom is replete with rich honey onyx walls, honed travertine floors, a coffered ceiling and a glass-enclosed shower and tub. Pin-drop quiet ambiance, gorgeous bamboo floors throughout and custom Elfa closets offering elegant and space saving storage, complete this stunning home. The 56 Pine Condominium was built in 1893-94 in the Romanesque Revival style in the heart of the Financial District renaissance, just one block from Wall Street.

This fully renovated doorman building, formerly known as The Wallace Building, was designated as a NYC Landmark in 1997 and added to the National Register of Historic Places in 2003. Residents enjoy a 24-hour doorman and concierge, a full club floor with a media lounge, library with free Wi-Fi, billiards room, fully equipped gym and event facilities with a wet bar for your next private gathering. Laundry is located on each floor of the building and all pets are welcome at 56 Pine! This grand building is located across from the 2/3 Wall Street station, and two blocks to the A, C, E, J, Z, R, W, and 4 & 5 subway lines.

There's easy access to run, walk or cycle the 18 miles of continuous riverfront green-way that stretches from 14th street, south under the Williamsburg, Manhattan and Brooklyn bridges, through the lush Battery and Hudson River Parks, and up the Hudson all the way to the GWB. For foodies, get ready to enjoy local restaurants such as Crown Shy, Cipriani's, Felice 15, Fino Wall St, Giardino D'Oro, the Trading Post NYC and the Woolworth Tower Kitchen, just to name a few. Nightlife is just around the corner including Stone Street, the brand-new Pier 17 (featuring live performances on the roof-top stage), the revitalized, historic Seaport and countless smaller establishments to explore.

The new FiDi has become a destination and is truly the ideal, downtown location. * There is a current assessment of $101.93

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Apartment Amenities

  • Northern Exposures

Pricing History

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Estimated Monthly Cost

About 56 Pine Street

74

56 Pine Street has received a CityRealty Rating of 74, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

23
Out of 44
+
30
Out of 36
+
13
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
Distinctive 2 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Condo
  • Built in 1894
  • 90 Apartments
  • 12 Floors

Building Amenities

  • Conversion Year: 2005
  • 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

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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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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
About this Building

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Listing provided courtesy of Warburg Realty Partnership
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