249 Elizabeth Street

Owner: Benjamin Wai

Debt: February 15, 2023, $8.6 million

Built: 1910

SF: 11,820

Dwelling units: 16

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 5

Transactions:

• Benjamin Wai borrowed $8.6 million from Webster Bank for 247 Elizabeth Street and 251 Elizabeth Street, Nolita, Manhattan on February 15, 2023.

Development:

• Justin Liang filed plans for alteration in Nolita, Manhattan, on May 30, 2025.

• Casper Wai filed plans for alteration in Nolita, Manhattan, on April 16, 2025.

• Casper Wai filed plans for alteration in Nolita, Manhattan, on April 16, 2025.

• Chun How Wai filed plans for alteration in Nolita, Manhattan, on May 02, 2024.

• Casper Wai filed plans for alteration in Nolita, Manhattan, on July 08, 2021.

Violations:

According to city public data, the properties have received $2,500 in ECB penalties, 17 housing violations, $3,150 in OATH penalties, and two housing litigations in the last year.