48 Canal Street

48 Canal Street is a condo located in Chinatown, New York. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 25 feet wide and 85 feet long. The official lot area is listed as 1,787 square feet. In total, 48 Canal Street has a total floor area of 10,450 square feet. Of that, 10,450 square feet are used for residential purposes. There are a total of 7 units. Of those, 7 are residential units. There are no commercial units in this building. 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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 23 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 121 days Meaning, listings tend to sell at a median of $1,496 price per square foot. The transaction that took the longest to complete was unit PH, listed on May 01, 2021 for $3,500,000. This particular unit ultimately sold 171 days later for $3,745,000. The most recent transaction was for unit PH, sold for $0 on Jan 13, 2022. Fun fact, the oldest transaction we have on record took place on Oct 13, 1966. See the full transaction history for 48 Canal Street below.

Chinatown, where 48 Canal Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,890,000. For interested buyers, that means the building's median asking price is around 1.42% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.