Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,745,000

· Closed October 19, 2021

48 CANAL Street #PH
Looking for something similar?
Closed For Sale Condo

$3,745,000

48 CANAL Street #PH

Chinatown, Manhattan

null

MLS® #RLS10827312

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1910
Ownership Condo
HOA/Common Charges $1,713/mo
Property Taxes $40,980/yr
Neighborhood Chinatown
Floor 7 of 7

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 2 Full
Floor 7 of 7
Exposure East,North,South,West
Pets Yes
Cross Street LUDLOW STREET and ORCHARD STREET
Year Built 1910
Architectural Style Prewar

Description

Welcome to the Penthouse at 48 Canal Street. Situated in the heart of the Lower East Side, between Orchard and Ludlow, this duplex with spectacular outdoor space offers panoramic city views of both the Brooklyn and Manhattan Bridge. A total of three private outdoor spaces totaling over 1,400 square feet gives this apartment the ultimate indoor/outdoor entertaining feel.

This three bedroom, two bathroom penthouse measures approximately 2,200 square feet interior. The private keyed elevator opens directly into the expansive living/dining room, flooded with light and prewar charm. Painted white exposed brick walls, industrial stainless-steel kitchen, hardwood floors, and a charming fireplace are some of the first features you'll see when you enter this home.

The Primary Suite is situated on the upper level with two private terraces, facing both north and south. This floor also features a separate dressing room with incredible closet space. One floor above the primary bedroom is your own private roof deck with the most amazing unobstructed city views!

Additional features include central air-conditioning, washer/dryer, and basement storage. 48 Canal Street is a pre-war condominium building in downtown Manhattan's Lower East Side. This elevator building has 7 stories, with just one apartment per floor. One block from the F train and surrounded by tons of eclectic restaurants, you'll realize you found the best combination of location, space, and character in the Lower East Side.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building null
Total Units 8
Stories 7
Style Prewar

Financial Details

Common Charges $1,713/mo
RE Taxes $40,980/yr ($3,415/mo)
Original Price $3,500,000
Sale Price $3,745,000
Previous Price $3,500,000

Chinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongside newer condominium developments and the 44-story Confucius Plaza residential tower. Columbus Park, one of the city's earliest public parks, and the 7.8-acre Sara D. Roosevelt Park provide open green space along the neighborhood's edges.

Chinatown Live Market Data

View Neighborhood

Active Listings

19

Median Asking Price

$2.27M

Median $/Sqft

$2,033

Avg Days on Market

N/A

New This Week

0

Price Reduced

79%

Sold (30 Days)

1

Median Sale Price

$513K

Live data from RLS at REBNY • Updated 3/25/26, 6:10 AM EST

Similar Listings in Chinatown

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Location

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48 CANAL Street #PH, Chinatown, New York County • Near LUDLOW STREET and ORCHARD STREET

Floor Plans

Floor Plan
MLS® ID: RLS10827312
First Listed: 9/9/2021
Price Changed: 10/21/2021
Closed: 10/19/2021
Contract Date: 5/1/2021

Listing Courtesy of Douglas Elliman Real Estate - Ben Jacobs

Listing Contact: (917) 887-3922

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 3/25/2026 at 10:10 AM UTC

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