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2 Beds
2 Baths
1,818 sqft

$1,495,000

265 Water Street 5, New York City NY, 10038

Price per sqft$822.33
Built in1879
Property size1,818 sqft
Property typeCo-op

Policies

Pets Allowed
Yes

Overview

Active

Listed Apr 28, 2026

Updated 2 days ago

Authentic Seaport Loft — Beautifully Renovated Full-Floor Residence - Unlimited subletting and no flip tax
OPEN HOUSE BY APPOINTMENT ONLY, FELL OUT OF CONTRACT - BACK ON MARKET
Set on a charming cobblestone block in the heart of Manhattan’s historic South Street Seaport, this exceptional full-floor loft blends authentic downtown character with a meticulous modern renovation. Spanning 1,818 square feet (as per OLR measurements,) the residence offers expansive open living with the flexibility to accommodate two sleeping areas (this property is legally a loft with two full bathrooms and is currently configured with one private and one open bedroom), a home office, and distinct living and dining spaces. A private elevator opens directly into the loft, where original wood-beamed ceilings, exposed brick walls, artisan millwork, and wide plank hardwood floors create a warm and sophisticated atmosphere. A custom steel-and-glass partition introduces an elegant entry sequence while preserving the loft’s open scale and natural light. The thoughtfully redesigned chef’s kitchen is appointed with premium Miele and Liebherr appliances and refined finishes, seamlessly connecting to the entertaining space. The home features two beautifully renovated full bathrooms, A/C, washer/dryer as well as a generous walk-in closet and additional basement storage. Located in a boutique cooperative that functions with the ease of a condominium - no flip tax, and unlimited subletting permitted — a rare combination in downtown Manhattan. Just outside your door, enjoy the Seaport’s vibrant waterfront lifestyle, with acclaimed restaurants - Mark Joseph Steakhouse and Osteria del Porto - boutique shopping, the East River Esplanade, weekend greenmarkets, and effortless access to multiple subway lines at the newly renovated Fulton Station.
A rare opportunity to own a true downtown loft in one of Manhattan’s most distinctive neighborhoods.

$9,946/mo

Est. mortgage payment based on a $1,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20087166

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Basement
No

Other Property Details

Maintenance Fee Frequency
Monthly
View
Yes
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Listing Courtesy of Find Properties -  Suzanne T Unrein

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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This 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

RLS Data display by Compass. Data last updated on 9/17/2026 at 5:25 AM UTC

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