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56 E 1ST Street

$9,935,000

MLS# RLS10945107 · East Village

Price reduced$13,250,000 to $9,935,000$3,315,000 (25%) off

Originally listed at $13,250,000. Price last reduced on February 13, 2025.

Listed October 25, 2018 · 2941 days on the market

7 Beds 6 Baths 6,090 Sq.Ft.

About This Property

56 East 1st Street is a spectacular, 22-wide, 3-unit, industrial chic downtown property. This 5-story, approximately 6,090 sq. ft. building contains a community facility on the ground floor, a duplex apartment with outdoor space and a sprawling triplex with 20' ceilings, terrace, and roof deck. There is additional FAR that could be realized by building up or utilizing some of the unused internal cubic feet. It could be converted to a grand single-family home or used for institutions. Located at the center of Nolita, NoHo, the East Village and the Lower East Side, the property is minutes away from some of the best restaurants and shopping options in Manhattan. Steps away are also eight major subway lines, providing easy access to anywhere in the City.

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Leslie J Garfield & Co Inc.

The triplex has 20-foot ceilings, and that's the first thing I'd look at in this 6,090 square foot property at 56 East 1st Street. Ceilings that tall give rooms real volume and leave more room for furniture choices, though height alone doesn't tell you how a floor plan will work day to day. The listing also places a terrace and roof deck with the triplex, so you can judge that space across several levels.

The property has three units alongside a community facility on the ground floor. One is a duplex with outdoor space, and the other is the triplex. The listing also notes that the building could become a single family home or be used for institutions, which gives it more than one way to be used.

The listing mentions additional FAR and unused internal cubic feet that could be used by building up or reworking interior space. Those are zoning and approval questions, so confirm them with your broker or an attorney before you rely on them.

The 2 Av station on the F is about 1 minute on foot, and Bleecker Street is about 8 minutes away. Sara D. Roosevelt Park is about 2 minutes away, and Whole Foods Market is about 4 minutes. Katz's Delicatessen is about 4 minutes on foot, so the neighborhood's restaurants are close by when you want them.

Quick answers+

Does the property have a washer and dryer in the unit?

Yes, the property includes a washer and dryer in the unit.

Is there private outdoor space?

Yes. The duplex apartment has outdoor space, and the triplex includes a terrace and a roof deck.

How many bedrooms and bathrooms does the property have?

The property has 7 bedrooms and 6 bathrooms across 6,090 square feet.

Property Features

Policies

  • Pets allowed
  • Smoke-free

Home features

  • Washer/dryer in unit

Building amenities

Services and facilities

  • Green building

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$53,246 / month

  • Principal and interest$50,237
  • Property taxes$3,009

Due at closing

  • Down payment (20%)$1,987,000
  • NYS “mansion tax” (2.25%)$223,538
  • Mortgage recording tax (1.925%)$152,999

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

56 E 1ST Street is a 7-story condominium in East Village, completed in 2002 and home to 10 residential units.

The closest subway is 2 Av (F), about a 1-minute walk. Sara D. Roosevelt Park is roughly 2 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
2002
Stories
7
Units
10
Building Type
Condominium

View 56 E 1ST Street building profile and all listings →

Location & Nearby

Map

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56 E 1ST Street

Subway

  • F2 AvAbout 1 min walk
  • 6BDFMBleecker StAbout 8 min walk · Accessible
  • JZBoweryAbout 9 min walk
  • FJMZDelancey St-Essex StAbout 9 min walk

Parks

  • Sara D. Roosevelt ParkAbout 2 min walk
  • Tompkins Square ParkAbout 9 min walk
  • Hamilton Fish ParkAbout 13 min walk

Public schools · Elementary schools

  • The Star Academy - P.S.63About 5 min walk
  • Neighborhood SchoolAbout 5 min walk
  • P.S. 20 Anna SilverAbout 6 min walk

Middle schools

  • School for Global LeadersAbout 8 min walk
  • Tompkins Square Middle SchoolAbout 11 min walk

High schools

  • Cascades High SchoolAbout 3 min walk
  • Forsyth Satellite AcademyAbout 3 min walk

Colleges & universities

  • The Cooper UnionAbout 8 min walk
  • Hebrew Union CollegeAbout 11 min walk
  • St. John's University (Manhattan)About 12 min walk
  • New York UniversityAbout 13 min walk

Museums

  • New MuseumAbout 5 min walk
  • New Museum of Contemporary ArtAbout 5 min walk
  • The Ukrainian MuseumAbout 7 min walk
  • Ukrainian MuseumAbout 7 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About East Village

A culturally rich neighborhood where creative heritage meets thoughtfully designed luxury residences.

Walkability

10/10

Public transit

9/10

Schools

6/10

Dining

10/10

Groceries & parks

7/10

Explore East Village

Listing Courtesy of Leslie J Garfield & Co Inc

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RLS: Real Estate Board of New York Residential Listing Service

This 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.