$13,250,000
Updated 5 years ago
Off Market

115 South Street

Seaport District, Manhattan | Peck Slip & Beekman Street

13,119 Square FeetIncome Property

$13,250,000
floors / apts5 / 8
Lot Size37'x73'8"
Built Size37' wide
ZoneC6-2A
Building TypeLow-Rise
RE Taxes$92,851
Price Per SF
$1,010

Listing Features

  • High Ceilings
  • Oversized Windows
  • Skylights

Outdoor space and views

  • Brooklyn Bridge
  • East River

Building Amenities

  • Voice Intercom

Property Description for 115 South Street

Located in the South Street Seaport Historic District on what was once famed as the Street of Ships, this beautifully renovated 19th Century storehouse is comprised of 7 unique rental units and a ground floor retail space. 115 South Street represents an incredible investment opportunity in one of Manhattans trendiest neighborhoods. This property is being sold fully occupiedwith tenants in place in all 7 units as well as the retail space.

The building sits on the water and has a handsome red brick facade. Floors 2 through 4 consist of six lofts, each ranging from approximately tel sq. ft. These are currently configured as generously proportioned 1 bedroom residences with oversized windows, original wood floors, beams, and columns, and airy ceilings reaching over 9-ft in height on most floors. They are finished with whitewashed exposed brick and wood walls, immaculate all- white kitchens with marble counters, and Bosch and LG appliances. Each home has it's own LG washer/dryer. The 5th floor is a stunning floor-through two- bedroom, two-bathroom penthouse with soaring ceilings and two gorgeous skylights. Select apartments have marble bathrooms, original fireplaces, historic features, and views of the East River and the Brooklyn Bridge.

115 South Street is surrounded by a variety of restaurants, bars, cafes, and shops that line the cobbled streets of the South Street Seaport Historic District. The building is just one block from iPic Theaters and the brand new Pier 17, the latter of which will contain eateries by Jean Georges and Momofuku Group, ESPN broadcasting studios, and a state-of-the-art outdoor event space. The East River Esplanade is also nearby. Public transportation options include the 2/3/4/5/J/Z subway lines, the PATH train, and the East River Ferry. Pasanella & Son, Vintners, a boutique wine shop, is the current retail tenant.

Building Details for 115 South Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1838
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Fulton St
0.29 miles
Wall St
0.37 miles
Brooklyn Bridge-City Hall
0.43 miles
Chambers St
0.43 miles
Broad St
0.48 miles

Ferry

Wall St/Pier 11
0.35 miles
Dumbo/Fulton Ferry
0.41 miles

Contact Agents

Contact Agents

Licensed As
Ashlei De Souza
Associate Broker
License#:
10301213810
Company:
Nest Seekers International
Ashlei De Souza
Nest Seekers International
Ryan Serhant
Nest Seekers International

Seaport District | Manhattan

Quick Profile

The Seaport District sits between the Financial District to the south and the Brooklyn Bridge to the north. The original Seaport designation was limited to the streets east of Water Street from Fletcher Street to Dover Street and incorporated the actual Seaport and the piers. But no more. Today, the neighborhood boundaries have expanded westward toward Park Row and include a surge of new developments in the area around Pace University and City Hall Park.

This is not your father’s Seaport. It is no longer a commercial hub and the seafood industry, which operated out of the port for nearly two hundred years, has been displaced. The older low-rise buildings that line these cobblestoned streets have been repositioned, the SouthBridge towers complex to the east of Water Street has gone free market, multiple commercial buildings have been converted to residential usage and new gleaming residential towers are rising on the site of the iconic J&R Music World which once lined the east side of Park Row.  

Still, the Seaport is a small neighborhood, particularly quaint just north of Beekman Street. The streets are dominated by century-old warehouses and maritime buildings which gives the neighborhood its overt character. The Brooklyn Bridge, on its northern edge, looms in the backdrop.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74340TH