SOLD FOR $524,900
· Closed January 19, 2024
56 Pine Street #16-B
MLS® #RLS10927968
Listing by Weichert Properties
Studio
1
Bath
526
Sq. Ft.
1894
Year Built
Quick Summary
Property Highlights
- Exposure: East,South facing
- Style: Prewar architecture
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 19, 2023 | $574,900 | - |
| Currently | May 6, 2026 | $524,900 | -8.7% |
Description
Corner high floor unit, cozy studio is divided with dry wall for bedroom privacy. Very bright! It also features a kitchen with granite countertops. Designed by Oscar Wirz in the Romanesque-revival style, 56 Pine St. was completed in 1894 and was converted into apartments in 2005. Originally called the Wallace Building after its developer, James Wallace, the building was named a city landmark in 1997. The building is most notable for its iconic facade of stone, brick, and terra cotta and with inset, arching windows. With 90 units on 16 stories, 56 Pine St. was one of the tallest buildings in lower Manhattan when it was first built and was one of the city’s first skyscrapers. Public transport is a short distance from the building, and its central Financial District location marks it close to eateries, retailers, banks as well as local parks and South St market is a couple blocks away. All utilities are included in the maintenance.
Features & Amenities
Interior Features
Building Information
Financial Details
About Financial District
View All Financial District ListingsThe 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 NeighborhoodActive Listings
255
Median Asking Price
$1.30M
Median $/Sqft
$1,255
Avg Days on Market
N/A
New This Week
7
Price Reduced
29%
Sold (30 Days)
21
Median Sale Price
$1.49M
Live data from RLS at REBNY • Updated 5/5/26, 10:25 PM EST
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Location
56 Pine Street #16-B, Financial District, New York County • Near Pearl Street/William 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 $1,266 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $10,368, or roughly $864 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 526 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 $524,900 for 526 sq ft, the asking price per square foot is approximately $998. 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) 416-7433Listing Courtesy of Weichert Properties - Geubert Oliveira
Listing Contact: (917) 553-6262
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 5/6/2026 at 2:25 AM UTC