Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
299 PEARL Street #5E

For Sale · Listing by Serhant

299 PEARL Street #5E

South Street Seaport, Manhattan

$1,050,000

Interested in this property?
Active For Sale Co-op

$1,050,000

299 PEARL Street #5E

South Street Seaport, Manhattan

SOUTHBRIDGE TOWERS

MLS® #RLS20115976

RLS at REBNY

Listing by Serhant

Open House Scheduled

Friday, September 18 • 1:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2
Bedrooms
1
Bath
N/A
Sq. Ft.
1971
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1971
Ownership Co-op
Maintenance $1,167/mo
Parking Garage
Neighborhood South Street Seaport
Floor 5 of 6

Property Highlights

  • Views: City Lights, City
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 6
View City Lights, City
Cooling Other
Pets Yes
Year Built 1971
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 00094/0001

Listing History

Event Date Price Change
Listed Sep 17, 2026 $1,050,000 -
Currently Sep 18, 2026 $1,050,000 -

Description

Spacious two-bedroom, one-bathroom apartment with an oversized private terrace, city views, and exceptionally low maintenance in the Fulton/Seaport neighborhood. The apartment features a large living room with a separate dining alcove and direct access to an approximately 18-foot by 7-foot terrace. Facing southwest over the quiet rear courtyard, the terrace receives excellent natural light and offers city skyline views, including One World Trade Center. There is ample room for outdoor dining, seating, and entertaining. The kitchen offers abundant cabinetry and counter space, stone countertops, stainless steel appliances. The primary bedroom can comfortably accommodate a king-size bed, dressers, and nightstands. The second bedroom is also generously sized and can function as a bedroom, guest room, or home office. Southbridge Towers offers very low monthly maintenance that includes electricity, heat, water, and property taxes. The current additional monthly charges for this apartment are $83 for air conditioning and $19.43 for the appliances. Building amenities include 24-hour security, a part-time lobby attendant, on-site management, emergency generators, laundry facilities, community recreation spaces and events, an outdoor basketball court, two playgrounds, a kid's playroom, two parking garages with discounted resident rates, and storage for an additional fee, subject to availability and a waitlist. Guarantors, co-purchasing, pets, and pieds-à-terre are considered on a case-by-case basis. The Southbridge Towers complex includes a supermarket, gym, preschool, dog groomer, medical offices, and multiple restaurants. Pier 17, the Tin Building, the East River waterfront, the Financial District, and a wide selection of dining, shopping, and entertainment options are nearby. Convenient transportation includes five ferry routes and access to the A, C, E, 4, 5, 6, 1, 2, 3, R, W, J, Z, and PATH trains.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $1,167/mo

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

26

Median Asking Price

$1.60M

Median $/Sqft

$1,869

Avg Days on Market

N/A

New This Week

1

Price Reduced

27%

Sold (30 Days)

1

Median Sale Price

$720K

Live data from RLS at REBNY • Updated 9/18/26, 2:56 AM EST

Similar Listings in South Street Seaport

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Location

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299 PEARL Street #5E, South Street Seaport, 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: $13,923,515

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 $1,167 per month. Confirm the exact amount with Milton Coste before making an offer.

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 Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20115976
First Listed: 9/17/2026
On Market: 9/17/2026
Price Changed: 9/17/2026
Contract Date: 9/17/2026

Listing Courtesy of Serhant - Steven Clair

Listing Contact: (646) 480-7665

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 9/18/2026 at 6:56 AM UTC

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South Street Seaport Market Update

1 sale last 30 days · $1.60M median · 26 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood South Street Seaport Borough Manhattan
County New York
Floor 5 of 6
Year Built 1971
First Listed 9/17/2026
Parking Garage
Maintenance $1,167/mo

Monthly Costs Estimate

Down Payment 20%

$210,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,167
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$10,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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