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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
  • Unit Unit 1C
  • 2,310 SF
  • Office/Medical
  • $1,312,211 CAD ($568.06 CAD/SF)
  • -
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.
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
-

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
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
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
  • Listing ID: 40494937

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 53 ELIZABETH St, New York, NY 10013

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