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275 Water Street, #56

$2,999,000 ($961 per ft2) | 4 beds, 2.5 baths | Approx. 3,121 ft2
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235 days on Market

Key Details

  • Listed: Sep 15, 2023
    Days on Market: 235
    Building Type: Cooperative
    Neighborhood: Financial District (Manhattan)
Monthly Maintenance: $4,993 ($1.60/ft2)
Est. Monthly Mortgage: $16,579
Total Est. Monthly Carrying Cost: $21,572 ($6.91/ft2)
Note: the above is based on a down payment of 20% ($599,800), which is the minimum amount permitted by the building.

Insider Highlights

  • Co-op Benefits: The building is a co-op, offering potential tax benefits and fostering a sense of community among residents.
  • Location and Neighborhood: This spacious duplex loft is located in the iconic and historic Financial District, specifically in the trendy NEW SEAPORT area. The neighborhood is bustling with restaurants, boutiques, concert venues, and museums.
  • Space and Potential: The 3,121 square foot loft has the potential to be converted into 5 bedrooms. It features two large living rooms, one with river views and another with a gym, and an open, cook-friendly kitchen that flows into a large dining area.
  • Unique Features and Views: The loft offers great views from four exposures and all-day light. It features high, barreled cement ceilings, oak and butcher block floors, and a city view that adds to its charm.
  • Primary Bedroom and Laundry: The primary bedroom includes a large walk-in closet and a luxurious bathroom with a jet tub and steam shower. The unit also includes a convenient in-unit laundry room with a sink and washer/dryer.
  • Building and Amenities: The majestic 19th century building, built in 1906, is well-maintained with modern amenities including an intercom and elevator. With only 7 units, the building provides a sense of exclusivity.

Description

275 Water Street, duplex unit 5/6 in THE NEW SEAPORT! Iconic, impactful, incredible!

Built during New York City’s Golden Era in 1896, 275 Water Streets sits majestically on a block that is reminiscent of this area’s romantic and historic 19th century past. This 3,121 square foot duplex loft is expansive and as soon as you enter you are struck by its majesty.

With all day light and great views from four exposures, barreled cement ceilings, oak and butcher block floors as well as high ceilings, this unique and welcoming home has a soul of its own. Currently a three bedrooms with 2.5 baths, this super flexible space easily becomes 5 bedrooms (see alternative floorplan). The open and cook friendly kitchen flows beautifully to a large dining area adjacent to a stunning living room with river views.

On the same floor is a second large living room and gym with important views to the south and east. The primary bedroom is spacious and sports a huge walk-in closet and impressive bathroom with a jet tub, steam shower and separate w/c. Like all important homes, there is a laundry room with slop sink and washer/dryer.

Have you been to the NEW SEAPORT lately?

This destination location marries a cobblestoned and historic past with the best of what’s next to come. With dozens of restaurants buoyed by Jean- George’s Tin Building, hosting multiple eateries and purveyors, trendy boutiques, concert venues and museums, there is always something to see and do. Add to this the green based development planned for the area the NEW SEAPORT is neighborhood that is changing for the better and doing so in a thoughtful and time honored approach.

This duplex loft is like no other. You can lost in its beauty, but then again, how can you be lost when you’re already home?

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 275 Water Street

Building Amenities

  • Pre War
  • Intercom
  • Elevator

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Subways

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at William 0.30 miles
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at Lafayette and Duane 0.35 miles
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at Broadway and Warren 0.45 miles