Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $510,000

· Sold at asking price · Closed September 22, 2026

SOLD: 1 Wall Street Court #904
SOLD $510,000
Sold Condo

$510,000

$1,109 per sq ft

1 Wall Street Court #904

Financial District, Manhattan

The Cocoa Exchange

MLS® #RLS20074794

RLS at REBNY

Listing by Platinum Forbes Global Properties

Studio

1

Bath

460

Sq. Ft.

1904

Year Built

Sale Details

Sale Price $510,000
Original List Price $510,000
First Listed At $579,000
Close Date September 22, 2026
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 460 sq ft
Year Built 1904
Ownership Condo
Common Charges $904/mo
Neighborhood Financial District
Floor 9 of 15

Description

Investor-Focused - Immediate Income - Tenant in Place Through February 2027 Currently generating $3,250/month in rent, this turnkey investment offers an estimated cap rate of approximately 3.45% with a secure lease in place through February 2027-delivering immediate, predictable income from day one. Perfectly positioned at one of Downtown Manhattan's most recognizable corners, this residence at the landmark Cocoa Exchange presents a compelling opportunity for investors seeking stability, low near-term capital requirements, and long-term upside. The building's iconic architecture-featured in films including John Wick -adds to its enduring appeal within the Financial District. Unlike many units facing the street, this apartment benefits from partial river views and soft morning light, enhancing tenant desirability. The efficient layout clearly separates living and sleeping areas, maximizing both functionality and rental appeal. Over $30,000 in recent upgrades further strengthen the investment profile by minimizing near-term expenses. Enhancements include updated plumbing and electrical, a renovated bathroom sink, and a thoughtfully designed kitchen featuring stainless steel appliances, granite countertops, glass and walnut cabinetry, and Italian porcelain tile flooring. The bathroom is finished with a custom walnut vanity, freestanding porcelain basin, and Gioia marble walls. Residents enjoy full-service amenities including a 24-hour doorman, on-site maintenance, and access to a sky terrace and roof lounge-features that support strong tenant retention and consistent demand. Located in the heart of the Seaport District, the property offers immediate access to Whole Foods Market, Life Time Fitness, and Equinox, along with premier dining and retail including Tiffany & Co., Printemps, Manhatta, Delmonico's, and Cipriani. Transportation is seamless, with close proximity to Fulton Street and World Trade Center transit hubs, as well as the Seaport Ferry Terminal. A rare opportunity to acquire an income-producing asset in a premier Downtown location-ideal for investors seeking immediate yield with long-term potential.

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
View River
Cooling Other
Year Built 1904
Living Area 460 sq ft

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Listing courtesy of Erika Maya Jaramillo at Platinum Forbes Global Properties. 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. This 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.

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