Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $945,000

· Closed November 16, 2023

299 Pearl Street #5M
Closed For Sale Co-op

$945,000

299 Pearl Street #5M

Financial District, Manhattan

Southbridge Towers

MLS® #RLS10918205

RLS at REBNY

Listing by CORE Group Marketing LLC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1971

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Lot Size 357,935 sq ft
Year Built 1971
Ownership Co-op
Maintenance $872/mo
Parking Garage
Neighborhood Financial District
Floor 5 of 27

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Building Terrace, Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 27
Exposure East
Pets Yes
Year Built 1971
Parking Garage Available
Structure Type None
Furnished Unfurnished
Lot Size 357,935 sq ft
Parcel # 0094-0001-00299-000-000005M
Block/Lot 00094/0001

Listing History

Event Date Price Change
Listed Jun 28, 2023 $965,000 -
Currently May 6, 2026 $945,000 -2.1%

Description

Spacious two-bedroom apartment with oversized terrace and exceptionally low maintenance in the vibrant Fulton/Seaport neighborhood. Enter into a large and open living room with a dining alcove. Enjoy eastern exposures and partial river views from the private outdoor space. At 18’ x 7’ there is plenty of room for outdoor dining and entertaining. The roomy kitchen is a pleasure to cook in, with abundant storage and counter space, stone counters/backsplashes, and stainless steel appliances including a brand-new dishwasher. The enormous primary bedroom easily holds a king-sized bed, dressers, and night tables. Other features include a generously sized second bedroom, renovated bathroom, and five closets providing great storage space. Southbridge Towers has very low maintenance which includes electricity, heat, water, and property tax. The co-op has small additional monthly charges for air conditioning and dishwashers; they are $45 and $8.80, respectively for this apartment. Co-op amenities include 24-hour security, part-time lobby attendant, on-site management, emergency generators, community recreation facilities and events, laundry, outdoor basketball court, two playgrounds, children’s playroom, two parking garages (discounted for residents), and storage (additional charge and waitlist). Guarantors, co-purchasing, pets, and pieds-a-terre are allowed on a case-by-case basis. You won’t find a more convenient location. The complex itself is almost self-sufficient with commercial spaces including a supermarket, gym, pre-school, dog groomer, doctors, and multiple restaurants. Additionally, it is in the middle of an amazing array of entertainment, fine dining, shopping, and transportation options including five ferry lines and the A, C, E, 4, 5, 6, 1, 2, 3, R, W, J, Z and PATH trains.

Features & Amenities

Interior Features

Elevator Storage Common On Floor Common Area Laundry Room

Exterior Features

Building Terrace Terrace

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $872/mo
Original Price $965,000
Sale Price $945,000
Previous Price $965,000

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

255

Median Asking Price

$1.30M

Median $/Sqft

$1,255

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/5/26, 11:42 PM EST

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Location

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299 Pearl Street #5M, Financial District, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1971
Year Built
55 years old
6
Floors
1641
Residential Units
R8
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $180,705,600
Land Value: $33,164,550
Exemptions: $11,343,916

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

Lot Area: 357,935 SF
Building Area: 2,163,399 SF
Built FAR: 6.04
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 monthly maintenance are $872 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1971, making it approximately 55 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

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: RLS10918205
First Listed: 6/28/2023
On Market: 6/28/2023
Price Changed: 11/16/2023
Closed: 11/16/2023
Contract Date: 6/28/2023

Listing Courtesy of CORE Group Marketing LLC - Patrick Lilly

Listing Contact: (212) 612-9681

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 5/6/2026 at 3:42 AM UTC

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