56 East First Street

56 East 1st Street is an exceptional 22-foot-wide, 3-unit industrial-chic property in downtown Manhattan. This five-story building offers approximately 6,090 square feet of space, including a ground-floor commercial area with a spacious cellar that could be converted to residential use, a duplex apartment with outdoor space, and a sprawling triplex featuring 20-foot ceilings, a terrace, and a roof deck. Additional FAR may be available by building up or utilizing unused internal cubic footage, providing further upside potential. In its current configuration, the property is ideal for a live-with-income setup, an investment, or conversion into a grand single-family home or institutional use.

Centrally located at the intersection of Nolita, NoHo, the East Village, and the Lower East Side, the property is surrounded by some of Manhattan’s finest dining and shopping, with eight major subway lines just steps away for easy access throughout the city.