Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
115 South Street
Interested in this property?
Active For Sale Multi Family

$9,750,000

$743 per sq ft

115 South Street

Financial District, Manhattan

MLS® #RLS11017893

RLS at REBNY

Listing by Compass

8

Bedrooms

9.5

Baths

13,119

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 8
Bathrooms 10 full, 2 half
Living Area 13,119 sq ft
Year Built 1900
Ownership None
Property Taxes $118,644/yr
Neighborhood Financial District
Floor 1 of 5

Property Highlights

  • Character: Pre-war building (1900)

Property Details

Type Multi Family
Ownership None
Total Rooms 17
Baths 9 Full, 2 Half
Floor 1 of 5
Pets Yes, CatsOk, DogsOk
Year Built 1900
Living Area 13,119 sq ft
Structure Type MultiFamily,Townhouse
Furnished Unfurnished
Parcel # 0097-0002
Block/Lot 00097/0002

Listing History

Event Date Price Change
Listed Oct 25, 2024 $14,950,000 -
Price Reduced Feb 11, 2026 $11,495,000 -23.1%
Currently May 4, 2026 $9,750,000 -15.2%

Description

A special opportunity to create an iconic private residence atop a retail business, own an income-producing mixed use asset, or build a grand single family mansion - in the heart of one of the city’s most rapidly evolving destinations. 115 South Street’s history as a ship house circa 1840 is present throughout the building’s existing fabric, with exposed timber columns and beams as well as exposed brick walls and skylights creating irreplaceable moments. Measuring 13,119 square feet in total and spanning 37 feet in width, this piece of New York history is awaiting its next chapter. Currently configured as a dream penthouse 2-bedroom, 1.5 bathroom loft with 14-foot pitched ceilings atop six half-floor rental apartments and a gracious ground floor retail space, opportunity exists to expand your residential footprint substantially for trophy use while enjoying income from the remaining units below. Additional FAR can be deployed with LPC approval for a rooftop addition to create more interior living space with river and Brooklyn Bridge views, if desired. 115 South Street is in the heart of the Seaport district, a neighborhood whose history spans nearly four centuries. Originally a port for the Dutch West India Company, it has evolved over the years into one of the city’s most vibrant and historic destinations. Today, original facades and cobblestone streets remain, housing a mix of restaurants, bars, shops, and cultural sites. Sited at the edge of the East River, enjoy waterfront lifestyle with spellbinding views and easy access to Brooklyn via ferry service.

Features & Amenities

Interior Features

See Remarks

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 9
Stories 5
Structure MultiFamily,Townhouse

Financial Details

RE Taxes $118,644/yr ($9,887/mo)
Original Price $14,950,000
Previous Price $11,495,000

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

250

Median Asking Price

$1.29M

Median $/Sqft

$1,250

Avg Days on Market

N/A

New This Week

5

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/4/26, 2:16 PM EST

Location

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115 South Street, Financial District, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1840
Year Built
186 years old
5
Floors
7
Residential Units
C6-2A
Zoning District
Walk-Up Apartments Historic District: South Street Seaport Historic District

Tax & Assessment

Assessed Value: $5,130,450
Land Value: $1,098,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,748 SF
Building Area: 13,119 SF
Built FAR: 4.77
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $118,644, or roughly $9,887 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 9 full bathrooms and 2 half bathrooms.

The listed interior living area is 13,119 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $9,750,000 for 13,119 sq ft, the asking price per square foot is approximately $743. 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: RLS11017893
First Listed: 10/25/2024
On Market: 10/25/2024
Price Changed: 2/11/2026
Contract Date: 5/28/2024

Listing Courtesy of Compass - Jim St. Andre

Listing Contact: (646) 732-8162

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 5/4/2026 at 6:16 PM UTC

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