51 Canal Street

51 Canal Street is a condo located in Chinatown, New York. The building was first built in 1941 and is 83 years old. It was first renovated and altered in 1987. The lot that the building was built on is 45 feet wide and 100 feet long. The official lot area is listed as 6,769 square feet. In total, 51 Canal Street has a total floor area of 25,132 square feet. Of that, 20,591 square feet are used for residential purposes. About 4,541 square feet of the building are used for commercial purposes. There are a total of 47 units. Of those, 41 are residential units. There are 6 commercial units. 51 Canal Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 116 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 119 days and tend to sell below the original asking price of $500,000 by 10.00%. Meaning, listings tend to sell at a median of $1,309 price per square foot. The transaction that took the longest to complete was unit 4E, listed on Mar 09, 2020 for $500,000. This particular unit ultimately sold 119 days later for $450,000. The most recent transaction was for unit 6F, sold for $0 on Jan 16, 2024. Fun fact, the oldest transaction we have on record took place on Sep 29, 1988. See the full transaction history for 51 Canal Street below.

Chinatown, where 51 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 $500,000. For interested buyers, that means the building's median asking price is around 0.76% 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.

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.