Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1 Wall Street Court #904
Interested in this property?
Active For Sale Condo

$560,000

$1,217 per sq ft

1 Wall Street Court #904

Financial District, Manhattan

The Cocoa Exchange

MLS® #RLS20074794

RLS at REBNY

Listing by Platinum Forbes Global Properties

Studio

1

Bath

460

Sq. Ft.

1904

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 460 sq ft
Year Built 1904
Ownership Condo
HOA/Common Charges $904/mo
Property Taxes Contact for details
Neighborhood Financial District
Floor 9 of 15

Property Highlights

  • Views: River
  • Exposure: East facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 9 of 15
View River
Exposure East
Cooling Other
Pets Yes
Year Built 1904
Living Area 460 sq ft
Structure Type HighRise
Basement Other
Parcel # 0023-1092
Block/Lot 00028/7501

Listing History

Event Date Price Change
Listed Mar 3, 2026 $579,000 -
Currently May 4, 2026 $560,000 -3.3%

Description

Investor-Focused - Immediate Income - Tenant in Place Through February 2027

Currently generating $3,250/month in rent, this turnkey investment offers an estimated cap rate of approximately 3.45% with a secure lease in place through February 2027-delivering immediate, predictable income from day one.

Perfectly positioned at one of Downtown Manhattan's most recognizable corners, this residence at the landmark Cocoa Exchange presents a compelling opportunity for investors seeking stability, low near-term capital requirements, and long-term upside. The building's iconic architecture-featured in films including John Wick -adds to its enduring appeal within the Financial District.

Unlike many units facing the street, this apartment benefits from partial river views and soft morning light, enhancing tenant desirability. The efficient layout clearly separates living and sleeping areas, maximizing both functionality and rental appeal.

Over $30,000 in recent upgrades further strengthen the investment profile by minimizing near-term expenses. Enhancements include updated plumbing and electrical, a renovated bathroom sink, and a thoughtfully designed kitchen featuring stainless steel appliances, granite countertops, glass and walnut cabinetry, and Italian porcelain tile flooring. The bathroom is finished with a custom walnut vanity, freestanding porcelain basin, and Gioia marble walls.

Residents enjoy full-service amenities including a 24-hour doorman, on-site maintenance, and access to a sky terrace and roof lounge-features that support strong tenant retention and consistent demand.

Located in the heart of the Seaport District, the property offers immediate access to Whole Foods Market, Life Time Fitness, and Equinox, along with premier dining and retail including Tiffany & Co., Printemps, Manhatta, Delmonico's, and Cipriani. Transportation is seamless, with close proximity to Fulton Street and World Trade Center transit hubs, as well as the Seaport Ferry Terminal.

A rare opportunity to acquire a stabilized, income-producing asset in a premier Downtown location-ideal for investors seeking immediate yield with long-term potential.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $904/mo
RE Taxes Contact for details
Original Price $579,000
Previous Price $579,000

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

250

Median Asking Price

$1.29M

Median $/Sqft

$1,250

Avg Days on Market

N/A

New This Week

5

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/3/26, 11:54 PM EST

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Location

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1 Wall Street Court #904, Financial District, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1904
Year Built
122 years old
15
Floors
126
Residential Units
C5-5
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $14,824,746
Land Value: $1,930,493
Exemptions: $110,852

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

Lot Area: 7,120 SF
Building Area: 93,544 SF
Built FAR: 13.14
Allowed FAR: 10

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 $904 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 460 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1904, making it approximately 122 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: 75 lb. maximum.,Building Pets Allowed Comments:75 lb. maximum.. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $560,000 for 460 sq ft, the asking price per square foot is approximately $1,217. 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: RLS20074794
First Listed: 3/3/2026
On Market: 3/3/2026
Price Changed: 4/17/2026
Contract Date: 3/3/2026

Listing Courtesy of Platinum Forbes Global Properties - Erika Maya Jaramillo

Listing Contact: (347) 673-9795

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 3:54 AM UTC

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