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Investment Highlights
- Flexible ground-floor use suitable for retail or office.
- ground-floor commercial condo with 1,199 SF street-level space plus 1,111 SF cellar storage.
- Direct lobby access in a renovated cast-iron building with doorman, elevators, and shared terrace.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Ground-floor commercial condominium with full cellar space located at 53 Elizabeth Street, between Canal and Hester Street in Manhattan’s Chinatown. This vacant, fully finished unit offers approximately 1,199 SF on the ground floor plus approximately 1,111 SF of cellar storage space with 9-foot ceiling height, totaling approximately 2,310 SF.
The ground floor may be used for retail business or office use, while the cellar provides valuable storage space. The unit is located directly off the building lobby and features an interior stair connecting to the cellar level, which is also accessible by elevator. Additional features include a private bathroom, dedicated central HVAC for heating and air conditioning, and signage above the building entrance.
Set within a recently renovated 7-story SoHo-style cast-iron building, the property features an Italian marble lobby, doorman service, two large passenger elevators, and access to an approximately 800 SF shared terrace on the 5th floor. Ideally positioned in a high-traffic Downtown Manhattan corridor surrounded by restaurants, shops, offices, and major subway access, this space offers a strong opportunity for retail or office users seeking visibility, flexibility, and low real estate taxes.
The ground floor may be used for retail business or office use, while the cellar provides valuable storage space. The unit is located directly off the building lobby and features an interior stair connecting to the cellar level, which is also accessible by elevator. Additional features include a private bathroom, dedicated central HVAC for heating and air conditioning, and signage above the building entrance.
Set within a recently renovated 7-story SoHo-style cast-iron building, the property features an Italian marble lobby, doorman service, two large passenger elevators, and access to an approximately 800 SF shared terrace on the 5th floor. Ideally positioned in a high-traffic Downtown Manhattan corridor surrounded by restaurants, shops, offices, and major subway access, this space offers a strong opportunity for retail or office users seeking visibility, flexibility, and low real estate taxes.
Sale Notes
This vacant and fully finished unit offers approximately 1,199 SF on the ground floor plus an approximately 1,111 SF cellar with 9-foot ceiling height, totaling approximately 2,310 SF of usable space.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 1C | 2,310 SF | Office/Medical | $1,312,211 CAD ($568.06 CAD/SF) | - |
Unit Unit 1C
| Unit Size |
| 2,310 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,312,211 CAD ($568.06 CAD/SF) |
| NOI |
| - |
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Unit Unit 1C
| Unit Size | 2,310 SF |
| Condo Use | Office/Medical |
| Price | $1,312,211 CAD ($568.06 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Ground-floor commercial condominium with full cellar space located at 53 Elizabeth Street, between Canal and Hester Street in Manhattan’s Chinatown. This vacant, fully finished unit offers approximately 1,199 SF on the ground floor plus approximately 1,111 SF of cellar storage space with 9-foot ceiling height, totaling approximately 2,310 SF.<br> <br> The ground floor may be used for retail business or office use, while the cellar provides valuable storage space. The unit is located directly off the building lobby and features an interior stair connecting to the cellar level, which is also accessible by elevator. Additional features include a private bathroom, dedicated central HVAC for heating and air conditioning, and signage above the building entrance.<br> <br> Set within a recently renovated 7-story SoHo-style cast-iron building, the property features an Italian marble lobby, doorman service, two large passenger elevators, and access to an approximately 800 SF shared terrace on the 5th floor. Ideally positioned in a high-traffic Downtown Manhattan corridor surrounded by restaurants, shops, offices, and major subway access, this space offers a strong opportunity for retail or office users seeking visibility, flexibility, and low real estate taxes.</li></ul> | |
| Sale Notes | |
| This vacant and fully finished unit offers approximately 1,199 SF on the ground floor plus an approximately 1,111 SF cellar with 9-foot ceiling height, totaling approximately 2,310 SF of usable space.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 26,600 SF | Floors | 7 |
| Property Type | Office (Condo) | Typical Floor Size | 171 SF |
| Property Subtype | Office/Residential | Year Built | 1915 |
| Building Class | B | Lot Size | 0.11 AC |
| Zoning | C6-2G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Total Building Size | 26,600 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 7 |
| Typical Floor Size | 171 SF |
| Year Built | 1915 |
| Lot Size | 0.11 AC |
| Zoning | C6-2G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Amenities
- 24 Hour Access
- Bus Line
- Metro/Subway
- Signage
- Air Conditioning
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Dr. Emily L. Chan, MD, Colon & Rectal Surgeon |
-
|
Jan 0000
|
| LOBO |
-
|
Jan 0000
|
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53 ELIZABETH St
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