55 PRINCE Street #PHF, New York City, NY 10012
Listing Courtesy of Douglas Elliman Real Estate
$3,995,000
Potential Rebate: $59,925
Overview
<p> Set along iconic Prince Street in a boutique, key-locked elevator building, this penthouse three-bedroom, two-bath loft with a private office and in-unit washer/dryer captures the essence of downtown living, where historic character meets modern ease. Refinished hardwood floors and new hardware refresh the home's prewar bones, while oversized windows flood the interiors with natural light throughout the day. </p> <p>The layout is thoughtfully composed for both comfort and flow. The open south-facing living and dining areas invite relaxed gatherings, while the windowed kitchen offers full-size appliances and generous storage. The private office provides an inspiring space for focused work or creative projects. Three serene bedrooms and two baths complete the home's refined composition.</p> <p>Set within a classic loft building , the building reflects the architectural heritage that defines this storied stretch of SoHo. Step outside to discover cafés on Elizabeth Street, design boutiques on Crosby, and acclaimed dining along Mulberry all just moments from your door. With multiple subway lines nearby, the entire city unfolds effortlessly from this quintessential SoHo address.</p> <p>A timeless downtown home that balances light, craftsmanship, and the unmistakable rhythm of life on Prince Street.</p> <p> </p>
Home Features
- •Central Air
- •Washer Hookup
- •In Unit
- •City
Estimated Monthly Payment
$22,529 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$59,925
Monthly savings impact
$166/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listing Courtesy of Nest Seekers LLC
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20056298
Price Analysis
Compare average listing prices and value metrics for 55 PRINCE Street against the surrounding Nolita market.
Average List Price
Price Per SqFt
35.68% Lower
than the Nolita price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Nolita
Overview of Nolita
Nolita (North of Little Italy) is a charming, boutique-filled neighborhood known for its European village vibe. It is small, intimate, and impossibly stylish. For buyers seeking Nolita Manhattan real estate, the draw is the scale: low-rise buildings, tree-lined streets, and a cozy atmosphere that is hard to find in New York.
Living in Nolita, Manhattan feels like living in a curated movie set. The cafes spill onto the sidewalks, and the shops are independent and unique. As a trendy Manhattan NYC neighborhood, it attracts fashion insiders, models, and those who love the energy of downtown but want a quieter, prettier block to call home.
Real Estate & Housing Market
The market for homes for sale in Nolita is primarily composed of pre-war walk-up tenements that have been combined or luxuriously renovated. Elevator buildings are rare. Condos like 75 Kenmare are introducing modern luxury to the mix, but the charm is in the old brick buildings.
Inventory is tight because the neighborhood is geographically tiny (only 4 blocks wide). Prices are high, driven by the immense desirability of the location and the "cool factor" of the address.
Lifestyle & Community
The lifestyle in Nolita is cafe-centric. Residents start their day at Cafe Gitane or Ruby's. The shopping is world-class, focusing on independent designers and jewelry makers rather than big chains.
Community feels intimate. Because the buildings are smaller, neighbors know each other. The vibe is young, international, and fashion-forward. St. Patrick's Old Cathedral adds a historic, serene anchor to the area.
Transportation & Accessibility
Nolita relies on the subway lines of its neighbors. The 6 train at Spring Street and the J/Z at Bowery are the closest options. The B/D/F/M at Broadway-Lafayette is a short walk away.
It is a walking neighborhood. Residents rarely drive; everything is accessible on foot, from the nightlife of the Lower East Side to the shopping of SoHo.
Parks, Schools & Amenities
DeSalvio Playground creates a community gathering spot. The Elizabeth Street Garden is a beloved, quirky green space filled with statues—a true urban oasis that residents fight fiercely to protect.
Amenities are all about lifestyle: incredible restaurants, pilate studios, and high-end grooming. It is not a place for big grocery runs (though Whole Foods is nearby on Houston); it is a place for artisanal cheese and wine.
Who This Neighborhood Is Best For
Nolita is best for singles, couples, and fashion-conscious buyers who don't mind a walk-up building in exchange for living in the city's most charming and photogenic district.
