1c-53 Elizabeth St, New York, NY 10013

This is a vacant, fully finished ground-floor commercial condominium with additional cellar space. The unit offers approximately 1,199 SF on the ground floor plus approximately 1,111 SF in the cellar, for a total of approximately 2,310 SF of usable space. The ground floor is suitable for either retail or office use, while the cellar can support storage or additional office space. A key operational feature is the unit’s own central HVAC system for heating and air conditioning, supporting immediate occupancy. An elevator provides keyed entrances on both the ground floor and the cellar floor, making back-of-house movement more convenient.

The property is positioned in the Chinatown / Little Italy corridor in Manhattan, with access to multiple subway lines including B, D, J, N, Q, R, Z, 6, and W trains. The surrounding area is described as heavily trafficked and well served by restaurants, cafés, shopping, and neighborhood services, supporting day-to-day customer and employee access.

With a finished interior and dedicated climate control, the space can work for an owner-user looking for a versatile ground-floor presence supported by supplemental cellar space. The seller also notes opportunities for additional brand visibility, including advertising on the side wall next to the interior entrance and signage on the top space of the building’s main entrance. The remarks further highlight low real estate taxes, adding to the overall tenant or investor practicality.