Rent Office 41 Elizabeth Street

History of 41 Elizabeth St, Manhattan, NYC

41 Elizabeth Street is a notable commercial building located in the heart of Chinatown, Manhattan. Constructed in 1920, this seven-story structure embodies the architectural style and commercial vitality characteristic of the era.

The building has a total height of 7 stories and encompasses approximately 45,700 square feet. It was built during a time of significant development in New York City when the Chinatown neighborhood was rapidly evolving. 41 Elizabeth Street has remained a significant fixture in the community, serving various commercial purposes over the years.

In 2008, the property was purchased for $1,650,000, reflecting its ongoing value in a historically rich area of Manhattan. The building's ownership has been linked to the same family for over 70 years, highlighting its long-standing presence in the area and its adaptations to the changing commercial landscape.

Recent alterations and renovations, last updated in 2003, demonstrate the property’s resilience and capacity for modernization while maintaining its historical significance. The building continues to be an integral part of the vibrant life in Chinatown, melding history with contemporary commercial use.

As of the latest data, the property has an estimated market value of $8,505,000, with property taxes assessed at approximately $402,568 for the 2024-2025 tax year. This reflects not only the continued demand for real estate in the area but also the importance of maintaining and preserving historical structures like 41 Elizabeth Street.

41 Elizabeth Street, Manhattan, NYC is a 7-story office and retail building located in the heart of Chinatown, Lower Manhattan. It features:

• Year Built: 1920
• Total Area: Approximately 56,000 square feet
• Occupancy Rate: 70% to 85%
• Ownership: Has been under 70+ years of private family ownership
• Location: Surrounded by vibrant neighborhoods including Chinatown, Little Italy, SoHo, TriBeCa, and the Lower East Side
• Key Features: 7,200 square feet floor plates, offering potential for renovation and lease-up
• Address Alternates: 41-47 Elizabeth Street

This building provides a rare opportunity for investment and conversion, with its prime location and significant upside potential.

• 24 Hour Access
• Walker's Paradise with a Walk Score of 100
• Rider's Paradise with a Transit Score of 100
• Biker's Paradise with a Bike Score of 94

41 Elizabeth St, Manhattan, NYC, is a 56,000 RSF office and retail building located in the heart of Chinatown. Notable tenants include Quest Diagnostics and The Church of Jesus Christ of Latter-day Saints, among 43 identified tenants. The building offers a mix of office and retail spaces with 24/7 access. It features seven stories with typical floor sizes of about 7,200 RSF, although the specific leased spaces vary.

Internet providers available at 41 Elizabeth Street in Manhattan, NYC, include:

Verizon Fios: Known for high-speed fiber-optic service reaching up to 2.3 Gbps, offering reliable connections and bundled plans with phone, mobile, and TV.

Spectrum: Offers cable internet with speeds up to 1 Gbps and options to bundle with TV and phone services.

Astound Broadband Powered by RCN: Provides both cable and fiber services with unlimited data usage.

T-Mobile 5G Home Internet: Offers an alternative with 5G technology, providing easy setup and competitive pricing.

41 Elizabeth Street in Manhattan, NYC, offers convenient access to various transportation options.

Nearest Subway Stations:

• Spring Street: 10-minute walk
• Grand Street: 7-minute walk
• Prince Street: 11-minute walk
• Bowery: 11-minute walk

Nearest Bus Stops:

• Allen Street / Grand Street: 4-minute walk
• Bowery / Hester Street: 4-minute walk
• Allen Street / Delancey Street: 4-minute walk
• Centre Street / Grand Street: 4-minute walk

Cross Streets:

• Canal Street
• Bowery
• Lafayette Street

Public Transportation Options:

• Subway Lines: B, D, J, Z, 6, 6X
• Bus Routes: M1, M103, M15-SBS
• Train: PATH (Journal Square)