$11,495,000
$3M PRICE DROP

Estimated payment $71,131/month

Total Views 12,510
8 Beds
11 Baths
13,119 Sq Ft
$876 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 3-minute walk to Titanic Memorial Park
  • P.S. 343 The Peck Slip School Rated A

About This Home

A special opportunity to create an iconic private residence atop an operating retail business, own an existing income-producing mixed use asset, or build a grand single family mansion - in the heart of one of the city’s most rapidly evolving destinations. 115 South Street’s history as a ship house circa 1840 is present throughout the building’s existing fabric, with exposed timber columns and beams as well as exposed brick walls and skylights creating irreplaceable moments.

Measuring 13,119 square feet in total and spanning 37 feet in width, this piece of New York history is awaiting its next chapter. Currently configured as a dream penthouse 2-bedroom, 1.5 bathroom loft with 14-foot pitched ceilings atop six half-floor rental apartments and a gracious ground floor retail space, opportunity exists to expand your residential footprint substantially for trophy use while enjoying income from the remaining units below. Additional FAR can be deployed with LPC approval for a rooftop addition to create more interior living space with river and Brooklyn Bridge views, if desired.

115 South Street is in the heart of the Seaport district, a neighborhood whose history spans nearly four centuries. Originally a port for the Dutch West India Company, it has evolved over the years into one of the city’s most vibrant and historic destinations. Today, original facades and cobblestone streets remain, housing a mix of restaurants, bars, shops, and cultural sites including Jean Georges' Tin Building and Pier 17. Sited at the edge of the East River, enjoy waterfront lifestyle with spellbinding views and easy access to Brooklyn via ferry service.

Listing Agent

Jim St. Andre

Compass License #40ST0979611 Listed on: 10/25/2024

Compass

Co-Listing Agent

Trevor Stephens

Compass License #10401279241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $118,644

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 37.000000x73.830000

Home Design

  • 13,119 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 9 Units
  • Financial District Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 00097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$118,644

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Financial District
  • Entry Level: 1
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 13119.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17

Beds/Baths

  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Bathrooms Integer: 10
  • Bedrooms: 8

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 37.000000x73.830000

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 5
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00097
  • Tax Lot: 0000
  • Tax Annual: 118644.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $11,495,000 -6.2% $876 / Sq Ft
06/10/2025 06/10/25 Price Changed $12,250,000 -14.0% $934 / Sq Ft
04/01/2025 04/01/25 Price Changed $14,250,000 -4.7% $1,086 / Sq Ft
10/25/2024 10/25/24 For Sale $14,950,000 -- $1,140 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11017893

Real Estate Board of New York (REBNY)