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$958,000 Just Listed
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Property Description
Ground-floor commercial condominium with additional cellar space in the heart of Chinatown /Little Italy corridor. This vacant and fully finished unit offers approximately 1,199 SF on the ground floor plus an approximately 1,111 SF cellar with 9-foot ceiling height, totaling approximately 2,310 SF of usable space. The ground floor is suitable for retail or office use, providing strong flexibility for a variety of business types, while the cellar offers valuable storage or extra office space. The unit is equipped with its own central HVAC system for heating and air conditioning and features a finished interior ready for immediate occupancy. Another plus is that the new owner could advertise on the side wall next to the interior entrance, and also place its signage on the top space of the building main entrance for extra exposure. The elevator provides keyed entrances on its ground floor, as well as the cellar floor, very convenient! Located in one of Manhattan's most vibrant and heavily trafficked neighborhoods, the property benefits from exceptional accessibility and strong surrounding retail and office presence. Surrounded by restaurants, cafés, shopping, and neighborhood services, with convenient access to multiple subway lines including B, D, J, N, Q, R, Z, 6, and W trains. The area also offers outstanding walkability and transit connectivity. A compelling opportunity for owner-users or investors seeking a versatile commercial space with low real estate taxes in a prime Downtown Manhattan location.
Full Property Details
Full Property Details for 53 Elizabeth St #1C
General
- Price: $958,000
- Taxes: $18,190
- Status: Active
- Type: Office
- Source: Long_Island
- MLS ID: 997823
- Updated: 5/14/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Professional/Office, Retail
Rental Information
- Complex Features: Bathrooms, Storage
Location
- County: New York (Manhattan)
- Cross Streets: Hester St
- Driving Directions: Google Maps
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Storage Space
- Entry Floor Number: 1
- Building Size: 2310
- Square Feet: 2,310
- Year Built: 2013
Lot Features
- Lot Size (Acres): 0.1093
- Lot Size (Sq. Ft.): 4,763
Financial Considerations
- Tax Amount: $18,190.6
Disclosures and Reports
- Special Conditions: None
- Property ID: 0204-1103
Listed by B Square Realty
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Schools
Schools serving 53 Elizabeth St #1C
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 130 Hernando De Soto 143 Baxter Street, New York, NY 10013 | K-5 | 0.1 mi |
Ms 131 100 Hester Street, New York, NY 10002 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 Elizabeth St #1C
Date
Details
Price
Change
Source
5/14/2026
Price Increased
$958,000
0.84%
MLS
5/12/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 53 Elizabeth St #1C
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,191
—
$177,558
5%
2025
$18,191
—
$169,026
-1%
2024
$18,143
-1%
$171,285
-1%
2023
$18,271
7%
$172,495
7%
2022
$17,142
10%
$161,014
11%
2021
$15,569
28%
$145,588
-26%
2020
$12,202
18%
$195,704
5%
2019
$10,313
-42%
$186,431
10%
2018
$17,793
-5%
$169,233
-5%
2017
$18,747
—
$178,304
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 53 Elizabeth St #1C
53 Elizabeth Street #1C, New York, NY 10013 (MLS# 997823) is a Office property. 53 Elizabeth Street #1C is currently listed for $958,000 and was received on May 12, 2026. Want to learn more about 53 Elizabeth Street #1C? Do you have questions about finding other Office real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

