Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $16,350,000

· Closed January 27, 2022

53 STONE Street #TOWNHOUSE
Closed For Sale Condo

$16,350,000

53 STONE Street #TOWNHOUSE

Financial District, Manhattan

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MLS® #RLS10771531

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1913
Ownership Condo
Neighborhood Financial District
Floor 2 of 4

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1913)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 4
Pets Yes
Cross Street COENTIES ALLEY and MILL LANE
Year Built 1913
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Sep 22, 2021 $20,750,000 -
Currently May 9, 2026 $16,350,000 -21.2%

Description

The Stone Street portfolio is comprised of three mixed used buildings centrally located on historic Stone Street in Manhattan's famed Financial district. These 3 elevator buildings (22,852 SF blended) offer a total of 10 free-market 2 & 3 bedroom loft rental residences and 3 operating restaurants. The two buildings collectively generate an NOI based on leases in place approximately $923,400.

Stone Street is a long favored destination for downtown and Wall Street professionals, local residents and global tourists seeking the New Amsterdam inspired Manhattan of yore.

The offering presents an excellent opportunity to acquire a prize investment portfolio, or an ideal headquarters for an owner-operator.

Building Information

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

257

Median Asking Price

$1.32M

Median $/Sqft

$1,257

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

22

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/9/26, 3:54 PM EST

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Location

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53 STONE Street #TOWNHOUSE, Financial District, New York County • Near COENTIES ALLEY and MILL LANE

Building Information

Official NYC property records for this building

1838
Year Built
188 years old
5
Floors
4
Residential Units
C5-5
Zoning District
Primarily Residential Mixed Use Historic District: Stone Street Historic District

Tax & Assessment

Assessed Value: $2,399,400
Land Value: $616,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,738 SF
Building Area: 8,690 SF
Built FAR: 5
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1913, making it approximately 113 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10771531
First Listed: 9/22/2021
Price Changed: 9/22/2021
Closed: 1/27/2022
Contract Date: 9/6/2021

Listing Courtesy of Douglas Elliman Real Estate - Marc Palermo

Listing Contact: (646) 285-6015

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 7:54 PM UTC

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