Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
272 WATER Street #5R/6R
Interested in this property?
Active For Sale Condo

$1,950,000

$1,284 per sq ft

272 WATER Street #5R/6R

South Street Seaport, Manhattan

MLS® #RLS20058255

RLS at REBNY

Listing by Christies International Real Estate Group LLC

1

Bedroom

2

Baths

1,519

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 1,519 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,859/mo
Property Taxes Contact for details
Neighborhood South Street Seaport
Floor 5 of 7

Property Highlights

  • Views: Bridges, City
  • Exposure: East,North,South facing
  • Outdoor Space: Patio, Terrace, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 7
View Bridges, City
Exposure East,North,South
Cooling Other
Pets Yes
Year Built 1900
Living Area 1,519 sq ft
Architectural Style Loft
Basement Other
Block/Lot 00106/1210

Listing History

Event Date Price Change
Listed Nov 5, 2025 $2,095,000 -
Price Reduced Mar 21, 2026 $1,975,000 -5.7%
Currently May 4, 2026 $1,950,000 -1.3%

Description

593-square-foot private terrace!

Discover the unmistakable charm of the South Street Seaport, where cobblestoned streets, waterfront views, and historic architecture meet the best of modern downtown living. Nestled in a prewar landmark building that once served as a 19th-century wine warehouse, this convertible 2-bedroom, 2-bathroom duplex loft condominium blends authentic character with contemporary comfort. Spanning approximately 1,519 feet of interior space and featuring a approximately 593-square-foot private terrace, this home captures the unique spirit of the Seaport - timeless, inviting, and full of personality.

Inside, classic loft details abound: high ceilings, exposed brick walls, and original hardwood floors create an atmosphere of warmth and texture, while a top-of-the-line Viking kitchen, sunlit open layout, and spa-like primary suite bring elevated modern style.

A curved staircase leads to the primary bedroom suite, where French doors open to the private terrace for relaxing, entertaining, or simply enjoying iconic views of the Brooklyn Bridge, Gehry Building, and World Trade Center.

Additional features include an in-unit washer/dryer, Whirlpool dishwasher, video intercom, and private storage unit. Dual entrances enhance flexibility and privacy, for work from home setups or hosting guests.

Located in the heart of the South Street Seaport Historic District, this distinctive home is surrounded by charming boutiques, acclaimed restaurants, and the scenic waterfront - offering a rare opportunity to live where historic New York meets modern downtown energy.

Photos are virtually staged

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Patio Terrace Balcony

Building Information

Financial Details

Common Charges $1,859/mo
RE Taxes Contact for details
Original Price $2,095,000
Previous Price $1,975,000

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

30

Median Asking Price

$1.50M

Median $/Sqft

$1,344

Avg Days on Market

N/A

New This Week

1

Price Reduced

27%

Sold (30 Days)

2

Median Sale Price

$1.32M

Live data from RLS at REBNY • Updated 5/4/26, 4:36 PM EST

Similar Listings in South Street Seaport

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Location

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272 WATER Street #5R/6R, South Street Seaport, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1867
Year Built
159 years old
7
Floors
10
Residential Units
C6-2A
Zoning District
Condominiums Historic District: South Street Seaport Historic District Extension

Tax & Assessment

Assessed Value: $2,221,648
Land Value: $332,098
Exemptions: $0

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

Lot Area: 2,910 SF
Building Area: 15,550 SF
Built FAR: 5.34
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 $1,859 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 1,519 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: <45lbs*,Building Pets Allowed Comments:<45lbs*. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,950,000 for 1,519 sq ft, the asking price per square foot is approximately $1,284. 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: RLS20058255
First Listed: 11/5/2025
On Market: 11/5/2025
Price Changed: 3/21/2026
Contract Date: 11/5/2025

Listing Courtesy of Christies International Real Estate Group LLC - Geoffrey Gottlieb

Listing Contact: (516) 551-2517

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 8:36 PM UTC

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