Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $420,000

· Closed January 25, 2021

Closed For Sale Condo

$420,000

$970 per sq ft

56 PINE Street #10C

Financial District, Manhattan

MLS® #RLS10851641

RLS at REBNY

Listing by Coldwell Banker Warburg

Studio

1

Bath

433

Sq. Ft.

1894

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 433 sq ft
Lot Size 6,488 sq ft
Year Built 1894
Ownership Condo
HOA/Common Charges $844/mo
Property Taxes $7,440/yr
Neighborhood Financial District
Floor 10 of 16

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 10 of 16
Exposure North
Cooling Central Air
Pets Yes
Year Built 1894
Living Area 433 sq ft
Architectural Style Prewar
Lot Size 6,488 sq ft
Parcel # 0041-1251

Listing History

Event Date Price Change
Listed Feb 11, 2020 $499,000 -
Currently May 10, 2026 $420,000 -15.8%

Description

Apartment 10C is a wonderfully spacious, loft-like studio, with soaring 10-foot ceilings, and beautiful, over-sized windows. Located in the historic 56 Pine Condominium, it makes a perfect first home or investor unit. The expansive living area easily accommodates a king-sized bed and a full set of living room furniture and is perfect for entertaining or quiet evenings at home. The kitchen features granite counter-tops, custom cabinetry and stainless steel appliances, while the beautifully renovated bathroom is replete with rich honey onyx walls, honed travertine floors, a coffered ceiling and a glass-enclosed shower and tub. Pin-drop quiet ambiance, gorgeous bamboo floors throughout and custom Elfa closets offering elegant and space saving storage, complete this stunning home. The 56 Pine Condominium was built in 1893-94 in the Romanesque Revival style in the heart of the Financial District renaissance, just one block from Wall Street. This fully renovated doorman building, formerly known as The Wallace Building, was designated as a NYC Landmark in 1997 and added to the National Register of Historic Places in 2003. Residents enjoy a 24-hour doorman and concierge, a full club floor with a media lounge, library with free Wi-Fi, billiards room, fully equipped gym and event facilities with a wet bar for your next private gathering. Laundry is located on each floor of the building and all pets are welcome at 56 Pine! This grand building is located across from the 2/3 Wall Street station, and two blocks to the A, C, E, J, Z, R, W, and 4 & 5 subway lines. There's easy access to run, walk or cycle the 18 miles of continuous riverfront green-way that stretches from 14th street, south under the Williamsburg, Manhattan and Brooklyn bridges, through the lush Battery and Hudson River Parks, and up the Hudson all the way to the GWB. For foodies, get ready to enjoy local restaurants such as Crown Shy, Cipriani's, Felice 15, Fino Wall St, Giardino D'Oro, the Trading Post NYC and the Woolworth Tower Kitchen, just to name a few. Nightlife is just around the corner including Stone Street, the brand-new Pier 17 (featuring live performances on the roof-top stage), the revitalized, historic Seaport and countless smaller establishments to explore. The new FiDi has become a destination and is truly the ideal, downtown location. * There is a current assessment of $101.93

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building Data View Compliance & Permits
Total Units 90
Stories 16
Style Prewar

Financial Details

Common Charges $844/mo
RE Taxes $7,440/yr ($620/mo)
Original Price $499,000
Sale Price $420,000

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)

21

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/10/26, 8:12 AM EST

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Location

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56 PINE Street #10C, Financial District, New York County

Virtual Tour

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1894
Year Built
132 years old
16
Floors
90
Residential Units
C5-5
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $11,482,193
Land Value: $1,354,484
Exemptions: $998,735

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

Lot Area: 6,488 SF
Building Area: 66,470 SF
Built FAR: 10.25
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 $844 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,440, or roughly $620 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 433 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1894, making it approximately 132 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.

At the current list price of $420,000 for 433 sq ft, the asking price per square foot is approximately $970. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10851641
First Listed: 2/11/2020
Price Changed: 1/25/2021
Closed: 1/25/2021
Contract Date: 2/13/2020

Listing Courtesy of Coldwell Banker Warburg - Samantha Rose Frith

Listing Contact: (646) 706-3794

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 5/10/2026 at 12:12 PM UTC

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