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Cambridge Club Condominium, 56 Pine Street, #8F

$500,000 ($832 per ft2) | 1 bed, 1 bath | Approx. 601 ft2
Building Profile  | 
56 days on Market

Key Details

  • Listed: Oct 31, 2024
    Days on Market: 56
    Building Type: Condominium
    Neighborhood: Financial District (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,370
Monthly Real Estate Taxes: $979
Total Taxes & Fees: $2,349 ($3.91/ft2)
Est. Monthly Mortgage: $2,675
Total Est. Monthly Carrying Cost: $5,024 ($8.36/ft2)
Note: the above is based on a down payment of 20% ($100,000), which is the minimum amount permitted by the building.

Description

This spacious 1-bedroom condo, featuring a king-size bedroom and ample closet space, presents an excellent opportunity for first-time buyers and investors alike.
The building offers 24/7 doorman service, laundry on every floor, and a full floor of amenities which includes fitness room, billiard room and residents’ lounge.
Located within short walking distance of the historic South Street Seaport and Pier 17, residents can enjoy a plethora of dining, shopping, and entertainment options.
Major subway stations are just a few minutes’ walk away.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About Cambridge Club Condominium, 56 Pine Street

74

Cambridge Club Condominium, 56 Pine Street has received a CityRealty Rating of 74, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

23
Out of 44
+
30
Out of 36
+
13
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
Distinctive 2 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2005
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Central AC
  • Washer/Dryer in building
  • Elevator
  • Event Room
  • Lounge
  • Fitness Center
  • Laundry Room
  • Bike Room
  • Game Room
  • Landmarked
  • Library
  • Live-In Superintendent
  • Screening Room

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Pros
  • Romanesque Revival landmark
  • Laundries on each floor
  • Individual controlled heating and air-conditioning
  • Concierge
  • Doorman
  • Bicycle storage
  • High ceilings
  • Billiards room
  • Fitness center
  • Wired conference room
  • Not far from the South Street Seaport
  • Good public transportation
  • Heart of the Financial District
  • Close to Subway
Cons
  • Many apartments per floor
  • No sidewalk landscaping
  • No balconies
  • No roof deck
  • No garage
  • Not too many views
  • Considerable traffic
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Subways

  1. 2
  2. 3
at William and Cedar 0.04 miles
  1. J
  2. Z
at Nassau and Cedar 0.14 miles
  1. 4
  2. 5
at Broadway and Rector 0.19 miles
  1. A
  2. C
at William 0.20 miles
  1. R
at Trinity Pl 0.26 miles
  1. 1
at Greenwich 0.29 miles
  1. E
at Church and Park Pl 0.40 miles
  1. 6
at Centre and Reade 0.48 miles

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