In the heart of Dimes Square lies one of the most unique and bespoke houses in New York City. Spanning almost 4,000 square feet across four floors plus a studio level, 45 Canal Street offers an elevated, understated Downtown oasis. The result of a multi-year renovation by Trimble Architecture, with evident inspiration from venerable architect Luis Barragan, this single-family home soars with high ceilings, floor-to-ceiling casement windows on every floor, and multiple outdoor spaces. Skylights, oblique corners, and hidden cutaways create an immersive dialogue between shadows and light. Each room interpolates its own conversation with these elements, from the top-floor atelier that bathes in the open exposures, to the ground floor studio, where a more diffuse light saunters in from the patio. This interplay - of work and leisure, of light and shadow, of the aesthetic and the vernacular - results in 45 Canal Street being both a home and inspiring creative space.
Entering through the cast iron doors, the foyer opens below to the double-height studio and office space. The over-15-foot ceilings and white brick and stucco walls create an open and collaborative environment. The more intimate office, with custom shelving by FAD woodwork, leads to a private patio, the first of three private outdoor spaces in the house. Laundry, a wet bar, and a powder room complete the floor.
Up the stairs you’ll first notice the ecru stucco texture by Hoon Kim, which lines the walls of the upper three floors of the house. The open living room and kitchen bathes in natural light through floor-to-ceiling casement windows on the south, and includes a custom built-in bookshelf and kitchen woodwork by FAD Woodwork. A wood-burning fireplace, oversized pantry, and windowed kitchen further elevate the serene charm. Discreet pocket doors separating the kitchen from the dining area add sophistication and privacy.
Skylights illuminate the stairway leading to the principal bedroom suite. Occupying the full floor, the principal suite is a singular retreat. Floor-to-ceiling casement windows gleam with soft southern light all day; two rows of custom closets, with wood drawers, glass doors, and separate compartments for clothing, shoes and accessories, provide ample space and organization for all of your belongings; a wood-burning fireplace creates a cozy hearth; skylights in the bathroom shine over the dual vanities with custom glass medicine cabinets and the freestanding soaking tub.
The top floor serves either as a guest suite, home office, or entertaining salon. Two terraces, one flanking each the north and south sides of the floor, create additional entertaining and lounge space. A wet bar and full bathroom make this a versatile floor. Floor-to-ceiling casement windows and 12-foot ceilings bathe the space in natural light.
Dimes Square has emerged as one of the most sought after neighborhoods in Manhattan, the zeitgeist of a new class of downtown tastemakers. It offers a wide range of exceptional dining, entertainment and hospitality choices, both new and legacy, that have invigorated that corner of Canal Street, including: Dimes (the neighborhood’s namesake); the Nine Orchard Hotel; Corner Bar; Le Dive; Kiki’s; Casino; Metrograph Cinema; Bode, and Parcelle.
Sold
$8,350,000
45 Canal St, New York, NY 10002
2beds
4,000sqft
Single Family Residence
Built in 1910
-- sqft lot
$8,172,200 Zestimate®
$2,088/sqft
$-- Estimated rent
Home value
$8,172,200
$7.35M - $9.07M
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nick Gavin,
Compass
Source: StreetEasy,MLS#: S1682719
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Features
- Patio & porch: Deck, Terrace
- Exterior features: Private Roof Deck, Terrace
- Has view: Yes
- View description: City
Details
- Parcel number: 002980035
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Chinatown
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: New York
Financial & listing details
- Price per square foot: $2,088/sqft
- Tax assessed value: $6,752,000
- Annual tax amount: $40,044
- Date on market: 9/27/2023
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $8,350,000-7.2%$2,088/sqft |
Source: Public Record Report a problem | ||
| 2/28/2024 | Pending sale | $8,995,000$2,249/sqft |
Source: StreetEasy Report a problem | ||
| 1/24/2024 | Listed for sale | $8,995,000-14.3%$2,249/sqft |
Source: StreetEasy Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 9/28/2023 | Listed for sale | $10,500,000+346.8%$2,625/sqft |
Source: StreetEasy Report a problem | ||
| 4/11/2011 | Sold | $2,350,000+30.6%$588/sqft |
Source: Public Record Report a problem | ||
| 8/17/2007 | Sold | $1,800,000$450/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $41,660 +4% | $405,120 +22.1% |
| 2024 | $40,043 -1.1% | $331,800 +11.1% |
| 2023 | $40,490 | $298,680 -5.7% |
| 2022 | -- | $316,800 -6.9% |
| 2021 | -- | $340,440 -12.2% |
| 2020 | -- | $387,720 -2.8% |
| 2019 | $35,167 +1.2% | $398,880 +140.1% |
| 2018 | $34,755 +5% | $166,142 +2.3% |
| 2017 | $33,113 +8.1% | $162,436 +6% |
| 2016 | $30,635 | $153,242 +9.4% |
| 2015 | $30,635 +65.3% | $140,040 +4.2% |
| 2014 | $18,536 | $134,452 |
Find assessor info on the county website
Neighborhood: Chinatown
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Nearby schools
GreatSchools rating
- 9/10Ps 42 Benjamin AltmanGrades: PK-5Distance: 0.1 mi
- 6/10Ms 131Grades: 6-8Distance: 0.1 mi
- 4/10Emma Lazarus High SchoolGrades: 9-12Distance: 0.1 mi