This Week’s Price Chop – 54 Pine Street, 3
This latest edition of Price Chop showcases a full-floor loft in the heart of the Financial District.
Apartment 3 at 54 Pine Street is a fully renovated two bedroom, two bath condo with turn-of-the-century architectural details. The current ask of $1.75 million represents an 14% drop from the original price of $1.995 million. At 1,658 square feet, the price per square foot is $1,055. The property has been on the market since mid-April.
54 Pine Street is an intimate five-story elevatored building with four floor-through residential units. Built in 1886, the property was converted to condominium ownership in 2005. According to public records, the last unit to sell here was in 2013.
With no shortage of personality and character, this full-floor loft style residence offers striking 13-foot barrel vaulted ceilings, warm hardwood floors and exposed brick throughout. The architectural detail is perfectly balanced with a contemporary living concept which includes an open living/dining area and an adjoining kitchen. The kitchen sparkles with granite countertops, custom cabinetry and a suite of high-end stainless steel appliances.
The two bedrooms are at the back of the loft and possess the same character elements as the common spaces. Both bedrooms enjoy good light, brick walls and the sublime barrel ceilings that mirror the front of the apartment. The primary bedroom (18’x12’), provide a large walk-in-closet as well as an en suite bath with a luxurious stall shower. If you’re in need of a third bedroom, the floor plan offers a home office which can easily be converted into a child’s bedroom.
54 Pine Street offers a virtual doorman as well as keyed elevator access to each residence. The building has four loft apartments across five floors.