Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $486,901

Listed at $475,000 · Sold 2.5% above asking · Closed June 10, 2019

56 PINE Street #7E
Closed For Sale Condo

$475,000

$1,105 per sq ft

56 PINE Street #7E

Financial District, Manhattan

Cambridge Club, The

MLS® #RLS10529792

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

430

Sq. Ft.

1893

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 430 sq ft
Year Built 1893
Ownership Condo
HOA/Common Charges $736/mo
Property Taxes $4,944/yr
Neighborhood Financial District
Floor 7 of 16

Property Highlights

  • Style: Prewar architecture
  • Climate Control: Other
  • Character: Pre-war building (1893)

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 7 of 16
Cooling Other
Pets Yes
Cross Street Pearl Street & William Street
Year Built 1893
Living Area 430 sq ft
Architectural Style Prewar
Parcel # 0041-1232

Listing History

Event Date Price Change
Listed Jan 20, 2019 $475,000 -
Currently May 14, 2026 $475,000 -

Description

56 Pine Street, The Cambridge Club, Financial District

This is a tremendous opportunity to purchase a well-proportioned studio apartment, conveniently located in prime FiDi. With 10-foot ceilings and a wide open floorplan this quiet apartment has a loft-like feel. It features hardwood floors throughout, four (4) large windows, a chic custom kitchen with dishwasher and more than ample closet space for all of your belongings.

A/C and heat are controlled through your own HVAC unit, and there is laundry room on every floor. Low common charges and monthly taxes make this apartment perfect for primary residence or investment.

The Cambridge Club (56 Pine) is a land-marked Romanesque-revival building built in 1894. It was converted into a luxury condominium in 2004. It is located one block north of Wall Street in the heart of the city's Financial District. This full-service, three (3) elevator, building consists of 16 floors, 80 units and is pet friendly.

Building amenities include a bike storage, fitness room, laundry on every floor, lounge, billiards room, entertainment room, business center and cinema room. 56 Pine is well positioned within the heart of the Financial District - close to multiple subways, excellent shopping and exciting nightlife.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Common Charges $736/mo
RE Taxes $4,944/yr ($412/mo)
Sale Price $486,901

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

261

Median Asking Price

$1.35M

Median $/Sqft

$1,256

Avg Days on Market

N/A

New This Week

15

Price Reduced

28%

Sold (30 Days)

21

Median Sale Price

$1.43M

Live data from RLS at REBNY • Updated 5/13/26, 11:04 PM EST

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Location

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56 PINE Street #7E, Financial District, New York County • Near Pearl Street & William Street

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 $736 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,944, or roughly $412 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 430 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1893, making it approximately 133 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 $475,000 for 430 sq ft, the asking price per square foot is approximately $1,105. 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: RLS10529792
First Listed: 1/20/2019
Closed: 6/10/2019
Contract Date: 1/20/2019

Listing Courtesy of The Corcoran Group - Jeff Nolan

Listing Contact: (212) 260-0562

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 5/14/2026 at 3:04 AM UTC

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