Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
265 Water Street #5

For Sale · Listing by Find Properties

265 Water Street #5

South Street Seaport, Manhattan

$1,495,000

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Active For Sale Co-op

$1,495,000

$822 per sq ft

265 Water Street #5

South Street Seaport, Manhattan

MLS® #RLS20087166

RLS at REBNY

Listing by Find Properties

Open Houses Scheduled

Tuesday, August 11 • 5:00 PM – 6:30 PM

Tuesday, August 11 • 5:00 PM – 6:30 PM

Wednesday, August 12 • 5:00 PM – 6:30 PM

Wednesday, August 12 • 5:00 PM – 6:30 PM

Saturday, August 15 • 12:00 PM – 1:30 PM

Saturday, August 15 • 12:00 PM – 1:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2
Bedrooms
2.5
Baths
1,818
Sq. Ft.
1879
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 1,818 sq ft
Year Built 1879
Ownership Co-op
Maintenance $3,550/mo
Neighborhood South Street Seaport
Floor 5 of 8

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Style: Prewar,Loft architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full, 1 Half
Floor 5 of 8
View City
Exposure East,North
Cooling Central Air
Pets Yes
Cross Street Peck Slip/Dover Street
Year Built 1879
Living Area 1,818 sq ft
Architectural Style Prewar,Loft
Parcel # 0107-0044-00265-000-0000005
Block/Lot 0107/0044

Listing History

Event Date Price Change
Listed Apr 28, 2026 $1,495,000 -
Currently Aug 10, 2026 $1,495,000 -

Description

Authentic Seaport Loft — Beautifully Renovated Full-Floor Residence - Unlimited subletting and no flip tax OPEN HOUSE BY APPOINTMENT ONLY, FELL OUT OF CONTRACT - BACK ON MARKET Set on a charming cobblestone block in the heart of Manhattan’s historic South Street Seaport, this exceptional full-floor loft blends authentic downtown character with a meticulous modern renovation. Spanning 1,818 square feet (as per OLR measurements,) the residence offers expansive open living with the flexibility to accommodate two sleeping areas (this property is legally a loft with two full bathrooms and is currently configured with one private and one open bedroom), a home office, and distinct living and dining spaces. A private elevator opens directly into the loft, where original wood-beamed ceilings, exposed brick walls, artisan millwork, and wide plank hardwood floors create a warm and sophisticated atmosphere. A custom steel-and-glass partition introduces an elegant entry sequence while preserving the loft’s open scale and natural light. The thoughtfully redesigned chef’s kitchen is appointed with premium Miele and Liebherr appliances and refined finishes, seamlessly connecting to the entertaining space. The home features two beautifully renovated full bathrooms, central A/C, washer/dryer as well as a generous walk-in closet and additional basement storage. Located in a boutique cooperative that functions with the ease of a condominium - no flip tax, and unlimited subletting permitted — a rare combination in downtown Manhattan. Just outside your door, enjoy the Seaport’s vibrant waterfront lifestyle, with acclaimed restaurants - Mark Joseph Steakhouse and Osteria del Porto - boutique shopping, the East River Esplanade, weekend greenmarkets, and effortless access to multiple subway lines at the newly renovated Fulton Station. A rare opportunity to own a true downtown loft in one of Manhattan’s most distinctive neighborhoods.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area In Unit New Windows

Exterior Features

Building Storage

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Stories 8
Style Prewar,Loft

Financial Details

Maintenance $3,550/mo

About South Street Seaport

View All South Street Seaport Listings

South Street Seaport is an 11-block historic district in Lower Manhattan featuring the city's largest concentration of restored early 19th-century commercial buildings, many now converted to residential lofts and condominiums. The 2, 3, 4, 5, A, C, J, and Z trains all stop at nearby Fulton Street station, placing Midtown within a 15-minute ride. The East River waterfront at Pier 17 and the cobblestone streets of the Seaport district provide a historic setting steps from the Financial District.

South Street Seaport Live Market Data

View Neighborhood

Active Listings

29

Median Asking Price

$1.50M

Median $/Sqft

$1,344

Avg Days on Market

N/A

New This Week

0

Price Reduced

14%

Sold (30 Days)

0

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 8/10/26, 10:28 AM EST

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Location

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265 Water Street #5, South Street Seaport, New York County • Near Peck Slip/Dover Street

Virtual Tour

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Floor Plans

Floor Plan 1

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,550 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,818 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1879, making it approximately 147 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,495,000 for 1,818 sq ft, the asking price per square foot is approximately $822. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20087166
First Listed: 4/28/2026
On Market: 4/28/2026
Price Changed: 4/28/2026
Contract Date: 4/22/2026

Listing Courtesy of Find Properties - Suzanne T Unrein

Listing Contact: (646) 456-5631

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/10/2026 at 2:28 PM UTC

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South Street Seaport Market Update

0 sales last 30 days · $1.50M median · N/A supply

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Quick Facts

Status Active Type Co-op Neighborhood South Street Seaport Borough Manhattan
County New York
Floor 5 of 8
Year Built 1879
First Listed 4/28/2026
Style Prewar,Loft
Living Area 1,818 sqft
Maintenance $3,550/mo

Monthly Costs Estimate

Down Payment 20%

$299,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $3,550
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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