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Empire Condominium

259 Elizabeth Street, New York, NY 10012
Condo in NoLita
32 Units
1 Units For Sale
Unit for sale at 259 ELIZABETH Street, Manhattan, NY 10012

$1,695,000

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
259 ELIZABETH Street #1B, Manhattan, NY 10012 Listing by Margaret Chong, Lauren Jones

Empire Condominium is a condo located 259 Elizabeth Street, in NoLita, New York. The building was first built in 1987 and is 37 years old. The lot that the building was built on is 48 feet wide and 67 feet long. The official lot area is listed as 4,172 square feet. In total, 259 Elizabeth Street has a total floor area of 18,030 square feet. Of that, 13,235 square feet are used for residential purposes. About 4,795 square feet of the building are used for commercial purposes. There are a total of 32 units. Of those, 26 are residential units. There are 6 commercial units. 259 Elizabeth Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 74 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days Meaning, listings tend to sell at a median of $1,427 price per square foot. The transaction that took the longest to complete was unit 2C, listed on Sep 07, 2018 for $988,888. This particular unit ultimately sold 173 days later for $950,000. The most recent transaction was for unit 4A, sold for $0 on Dec 15, 2023. Fun fact, the oldest transaction we have on record took place on Mar 30, 1988. See the full transaction history for Empire Condominium below.

NoLita, where 259 Elizabeth Street is located, has a median asking price of $2,135,000 for condo buildings. Meanwhile, the building itself has a median asking price of $999,000. For interested buyers, that means the building's median asking price is around 0.53% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,695,000. It is a 1,200 sqft 2-bedroom and 1-bathroom unit.

Building Features

Laundry

Washer / Dryer Allowed

Services

Part-Time Doorman
Doorman

Accessibility

Elevators

Pet Policy

Dogs Allowed / Cats Allowed

Outdoor Space

Garden

Condition

New Construction

Ownership & Occupancy

Sublets Allowed

Facilities

Laundry Room
This property description is generated based on publicly available data.

9 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221117 Unit 1B
11/17/2022
1B
2 Bed
1 Bath
-
$1,795,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
Maggie Chong
Serhant
20220824 Unit 5D
08/24/2022
5D
1 Bed
1 Bath
-
$999,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Donald Oula
Charles Rutenberg, LLC
20210223 Unit 3B
02/23/2021
3B
1 Bed
1 Bath
700 ft²
$999,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
$920,000 -7.91%
08/10/2021
Ryan Dichter
Compass
20190708 Unit GRDNB
07/08/2019
1 Bed
1 Bath
650 ft²
$1,100,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
650 ft²
$1,100,000
12/04/2019
-
Lauren Jones
Serhant
20180907 Unit 2C
09/07/2018
2C
1 Bed
1 Bath
-
$988,888
bedrooms
1 Bed
bathrooms
1 Bath
$950,000 -3.93%
02/27/2019
Jack Heard
Compass
20180625 Unit 1B
06/25/2018
1B
2 Bed
1 Bath
-
$1,545,000
bedrooms
2 Bed
bathrooms
1 Bath
$1,510,000 -2.27%
09/12/2018
Lauren Jones
Compass
20160502 Unit 1B
05/02/2016
1B
2 Bed
1 Bath
1200 ft²
$1,525,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1200 ft²
-
-
-
Anat Ofer
The Corcoran Group
20150416 Unit 5A
04/16/2015
5A
1 Bed
1 Bath
-
$1,100,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Allen Davoudpour
The Corcoran Group
20120808 Unit GRDNB
08/08/2012
Studio
1 Bath
200 ft²
$350,000
bedrooms
Studio
bathrooms
1 Bath
square feet
200 ft²
-
-
-
Wendy Lee
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1987
  • Building Count: 1
  • Floor Count: 7
  • Total Unit Count: 32
  • Residential Unit Count: 26
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 4,172
  • Lot Size Depth Feet: 67
  • Lot Size Frontage Feet: 48
  • Gross Building Area: 18,030

    Building Floor Area

  • Residential Building Floor Area: 13,235
  • Commercial Building Floor Area: 4,795
  • Office Building Floor Area: 1,351
  • Retail Building Floor Area: 3,444

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 6
  • Commercial Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 102
  • City Council District: 1
  • Police Precinct: 5
  • Fire Company: L020
  • Health Area: 6800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1G
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C6-2
  • Special Purpose District 1: LI

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 508
  • Lot: 7501
  • Borough Block Lot: 1005087501

    Address

  • Full Address: 259 Elizabeth Street
  • Condominium Number: 527
  • Zip Code: 10012

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,366,103
  • Assessed Land Value: $445,503

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Downtown Manhattan



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Frequently Asked Questions

What neighborhood is 259 Elizabeth Street located in?
The 259 Elizabeth Street is a condo located in the neighborhood of NoLita in Downtown Manhattan, New York.
How many listings are currently for sale in 259 Elizabeth Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 259 Elizabeth Street?
The average sales price for units in 259 Elizabeth Street is $999,000 , or $1,427/sqft. currently.

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