Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,500,000

· Closed September 27, 2024

272 Water Street #5F
Closed For Sale Condo

$1,500,000

$1,237 per sq ft

272 Water Street #5F

Financial District, Brooklyn

MLS® #RLS10958852

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

1,213

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,213 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,203/mo
Property Taxes $22,776/yr
Neighborhood Financial District
Floor 5 of 7

Property Highlights

  • Views: River
  • Exposure: East facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 7
View River
Exposure East
Cooling Central Air
Pets CatsOk, DogsOk
Year Built 1900
Living Area 1,213 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0106-1209
Block/Lot 00106/1209

Listing History

Event Date Price Change
Listed May 16, 2024 $1,500,000 -
Currently May 5, 2026 $1,500,000 -

Description

Welcome to 272 Water Street, a landmarked, prewar, elevator loft building, perched above the historic South Street Seaport’s quaint cobblestone streets. On the 5th floor, this bright, 1213 sf loft has a flexible layout and exudes charm & character. Original details include exposed brick, soaring ceilings, open layout and oversized, East-facing warehouse windows. Impressively, the sightline clears the buildings across the street for views of the East River, the bridges and Brooklyn beyond. Contemporary upgrades include the newly renovated stainless steel kitchen, impeccably finished 5-fixture bathroom & in-unit washer/dryer. Storage included. The Seaport Lofts building is a converted wine warehouse centrally located in one of Manhattan’s most desired downtown destinations. This boutique, 10 unit condominium has a virtual doorman and video intercom system. Easy access to the A/C/J/Z/2/3/4/5/6/R/W & Ferries puts the entire city (and beyond!) at your fingertips. Local attractions include the Pier 17 rooftop concert series, the luxurious iPic move theater, the Fulton Street Market, Malibu Farm, Carne Mare and many more incredible restaurant options.

Features & Amenities

Interior Features

Double Vanity High Ceilings In Unit See Remarks Flooring: Hardwood

Appliances

Dishwasher Stainless Steel Appliances Washer

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 7
Structure MultiFamily

Financial Details

Common Charges $1,203/mo
RE Taxes $22,776/yr ($1,898/mo)
Sale Price $1,500,000

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

254

Median Asking Price

$1.30M

Median $/Sqft

$1,250

Avg Days on Market

N/A

New This Week

8

Price Reduced

30%

Sold (30 Days)

22

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/5/26, 3:15 PM EST

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Location

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272 Water Street #5F, Financial District, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2021
Year Built
5 years old
5
Floors
58
Residential Units
R6B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,623,350
Land Value: $2,499,750
Exemptions: $8,202,600

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

Lot Area: 19,991 SF
Building Area: 63,720 SF
Built FAR: 3.19
Allowed FAR: 2

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 $1,203 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $22,776, or roughly $1,898 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,213 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 a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $1,500,000 for 1,213 sq ft, the asking price per square foot is approximately $1,237. 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 mcoste@kwnyc.com. 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: RLS10958852
First Listed: 5/16/2024
On Market: 5/16/2024
Closed: 9/27/2024
Contract Date: 4/12/2024

Listing Courtesy of Compass - Aaron Mazor

Listing Contact: (917) 696-8772

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 5/5/2026 at 7:15 PM UTC

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