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56 E 1st St
New York, NY 10003
Retail Property For Sale
Investment Highlights
- Steps away are also eight major subway lines, providing easy access to anywhere in the City.
Executive Summary
56 East 1st Street is a spectacular, 22-wide, 3-unit, industrial chic downtown property. This 5-story, approximately 6,090 sq. ft. building contains a community facility on the ground floor, a duplex apartment with outdoor space and a sprawling triplex with 20' ceilings, terrace, and roof deck. There is additional FAR that could be realized by building up or utilizing some of the unused internal cubic feet. It could be converted to a grand single-family home or used for institutions. Located at the center of Nolita, NoHo, the East Village and the Lower East Side, the property is minutes away from some of the best restaurants and shopping options in Manhattan.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,090 SF
Building Class
C
Year Built
2002
Price
$13,812,332 CAD
Price Per SF
$2,268.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.94
Lot Size
0.05 AC
Zoning
R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements.
Frontage
21’ on 1St St
Property Taxes
| Parcel Number | 0443-0049 | Improvements Assessment | $109,243 CAD |
| Land Assessment | $141,994 CAD | Total Assessment | $251,237 CAD |
Property Taxes
Parcel Number
0443-0049
Land Assessment
$141,994 CAD
Improvements Assessment
$109,243 CAD
Total Assessment
$251,237 CAD
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