Recently Listed Open House 5/3 12pm - 1:30pm
265 Water Street 5
Manhattan, NY, 10038 $ 1,495,000
Bedrooms2 Baths2.1 Sq 1,818 Monthly Estimate*
$ 9,205
for $1,495,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,818 square foot home was built in 1879.
Authentic Seaрort Ꮮoft — Βeаutіfullу Renovated Full-Flοοr Rеѕidеnce - Unlimited subletting and no flip tax 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, central 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.
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Open House
5/3/2026 12:00 PM - 1:30 PM
265 Water Street 5 Manhattan, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
List BySuzanne T UnreinListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $9,205
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCo-op listings in Manhattan, NY
Average List Price $1,716,902
Percent of Sale Price 15%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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0 Elementary School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 4/28/2026 | $1,495,000 | | Listed Price |