Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

RENTED AT $6,995/mo

· Leased January 25, 2021

Closed For Rent Co-op

$6,995/mo

$5 per sq ft

55 Prince Street #2-R

Little Italy, Manhattan

MLS® #RLS10642444

RLS at REBNY

Listing by Compass

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

1

Bedroom

1

Bath

1,544

Sq. Ft.

1864

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,544 sq ft
Year Built 1864
Ownership Co-op
Neighborhood Little Italy
Floor 2 of 5

Property Highlights

  • Views: City
  • Exposure: East,North,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 5
View City
Exposure East,North,West
Cooling Window Units
Pets Yes
Cross Street Lafayette Street/Mulberry Street
Year Built 1864
Living Area 1,544 sq ft
Architectural Style Prewar
Block/Lot 510/28

Listing History

Event Date Price Change
Listed Jun 27, 2020 $6,995 -
Currently May 1, 2026 $6,995 -

Description

Usually rent for $8,000. Amazing deal for a very high end oversized Loft in Soho, Furnished with a contemporary high end design. The apartment is over 1500 sq/ft, and features an open layout, cast iron columns, wood beams, maple hardwood floors, and an original six feet wide industrial door. A free-flowing floor-plan comprises living and dining areas, Kitchen, and den surrounded by the original windows and soaring, white-washed brick walls. A cozy bedroom, a finely tiled bathroom, and an enormous walk in closet complete the apartment. Additional features include keyed elevator, A/C window unit, dishwasher, and the option to mount a washer dryer. The high-end design furniture and art on the walls make this apartment perfect for receiving guest in an informal, yet tasteful atmosphere. Near the intersection of Prince Street and Lafayette Avenue, the brick warehouse building at 53-55 Prince Street is the last surviving portion of the historic Prince Street Works, which housed the silver department of Tiffany & Co. and was later known as the Tiffany Foundry building. Immediately available. Pets are case by case.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Rental Details

Available

12/2/2020

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$6,995

Security Deposit

$6,995

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$583
Est. nightly rate
65%
Avg. occupancy
$11,369
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

Little Italy Live Market Data

View Neighborhood

Active Listings

8

Median Asking Price

$2.54M

Median $/Sqft

$2,013

Avg Days on Market

N/A

New This Week

0

Price Reduced

13%

Sold (30 Days)

0

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 5/1/26, 1:00 AM EST

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Location

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55 Prince Street #2-R, Little Italy, New York County • Near Lafayette Street/Mulberry Street

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
5
Floors
9
Residential Units
M1-5/R7X
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,188,500
Land Value: $628,650
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,655 SF
Building Area: 20,435 SF
Built FAR: 4.39
Allowed FAR: 5

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

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,544 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1864, making it approximately 162 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $6,995 for 1,544 sq ft, the asking price per square foot is approximately $5. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or [email protected].

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10642444
First Listed: 6/27/2020
Price Changed: 2/5/2021
Closed: 1/25/2021
Contract Date: 12/2/2020

Listing Courtesy of Compass - Miky Bonazzoli

Listing Contact: (917) 294-0661

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 5:00 AM UTC

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