SOLD FOR $3,745,000
· Closed October 19, 2021
48 CANAL Street #PH
MLS® #RLS10827312
Listing by Douglas Elliman Real Estate
3
Bedrooms
2
Baths
N/A
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,South,West facing
- Outdoor Space: Terrace
- Style: Prewar architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 9, 2021 | $3,500,000 | - |
| Currently | May 18, 2026 | $3,745,000 | +7.0% |
Description
Welcome to the Penthouse at 48 Canal Street. Situated in the heart of the Lower East Side, between Orchard and Ludlow, this duplex with spectacular outdoor space offers panoramic city views of both the Brooklyn and Manhattan Bridge. A total of three private outdoor spaces totaling over 1,400 square feet gives this apartment the ultimate indoor/outdoor entertaining feel.
This three bedroom, two bathroom penthouse measures approximately 2,200 square feet interior. The private keyed elevator opens directly into the expansive living/dining room, flooded with light and prewar charm. Painted white exposed brick walls, industrial stainless-steel kitchen, hardwood floors, and a charming fireplace are some of the first features you'll see when you enter this home.
The Primary Suite is situated on the upper level with two private terraces, facing both north and south. This floor also features a separate dressing room with incredible closet space. One floor above the primary bedroom is your own private roof deck with the most amazing unobstructed city views!
Additional features include central air-conditioning, washer/dryer, and basement storage. 48 Canal Street is a pre-war condominium building in downtown Manhattan's Lower East Side. This elevator building has 7 stories, with just one apartment per floor. One block from the F train and surrounded by tons of eclectic restaurants, you'll realize you found the best combination of location, space, and character in the Lower East Side.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Chinatown
View All Chinatown ListingsChinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongside newer condominium developments and the 44-story Confucius Plaza residential tower. Columbus Park, one of the city's earliest public parks, and the 7.8-acre Sara D. Roosevelt Park provide open green space along the neighborhood's edges.
Chinatown Live Market Data
View NeighborhoodActive Listings
21
Median Asking Price
$2.19M
Median $/Sqft
$1,928
Avg Days on Market
N/A
New This Week
1
Price Reduced
62%
Sold (30 Days)
0
Median Sale Price
$413K
Live data from RLS at REBNY • Updated 5/17/26, 9:47 PM EST
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Location
48 CANAL Street #PH, Chinatown, New York County • Near LUDLOW STREET and ORCHARD STREET
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,713 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $40,980, or roughly $3,415 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 2 full bathrooms.
According to MLS records, the building was constructed in 1910, making it approximately 116 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.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Ben Jacobs
Listing Contact: (917) 887-3922
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 Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 1:47 AM UTC