Seaport Loft
272 Water Street, between Peck Slip and Dover Street · Financial District
BBL 1001067503 · BIN 1001359
- Year built
- 1867
- Type
- Condominium
- Amenities
- Elevator, virtual doorman, video entry, basement storage and common roof deck
- Landmark status
- Not an individual landmark; in the South Street Seaport Historic District Extension
- NYC Landmarks Preservation Commission records, updated February 2026
- Doorman
- Requires confirmation
Every recorded sale at this building, 2012–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,246
- floor-adjusted, 1 sale
- Listing discount
- 7.4%
- Recorded sales
- 21
- On record
- 2012–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Seaport Loft Condominium would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
272 Water Street began as an 1867 warehouse in the South Street Seaport, with a cast-iron storefront and Italianate window details. Residential conversion brought loft apartments into its long, narrow floor plates. The property operated as rentals before individual condominium sales began in 2012.
The warehouse structure remains central to its residential character: high ceilings, exposed brick and broad open rooms distinguish the homes. Later combinations have created full-floor and duplex residences alongside smaller lofts. The building stands on a Belgian-block-paved street within the historic district extension.
Architecture and unit composition
The ground-floor cast-iron columns carry ornamental panels and broad openings. LPC documented upper-floor sheet-metal lintels with egg-and-dart decoration, metal sills resting on iron brackets and wooden sash designed with a strong central division. Those details establish the building's nineteenth-century commercial origins.
The residential inventory includes lofts around 1,100 to 1,200 square feet, larger combined homes exceeding 2,400 square feet and upper-level duplexes with private terraces. Some smaller homes retain a largely open studio arrangement. Partitioning and combinations have changed the relationship between the original residential layouts and the current apartments.
Street-facing lofts have large warehouse windows, while rear apartments face into the block. Upper-level homes can add terrace access and internal stairs. The common roof deck is separate from those private outdoor areas.
Building operations
An elevator serves the building, with video entry and a virtual doorman supporting access. Basement storage provides additional space outside the apartments. The condominium's small residential inventory shares those systems and the maintenance of the converted warehouse envelope.
Class 2C gives the residential lots assessment-growth limits that do not apply to ordinary Class 2 properties. Those limits govern assessed value, not a guaranteed ceiling on the final tax bill. The building has no recorded housing tax abatement.
Historic-district protection covers the exterior, including the cast-iron front and window details. Work involving those features must account for LPC requirements alongside the practical demands of an occupied loft conversion.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Roof deck, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 27, 2024 | 5F | 1 BR · 1 BA · 1,213 sf | $1,500,000 | $1,237/sf | +0.0% |
| Apr 20, 2022 | 4R | 1 BR · 1 BA · 1,100 sf | $1,437,500 | $1,307/sf | -4.2% |
| Jan 27, 2021 | 3 | 3 BR · 3 BA · 2,426 sf | $2,546,250 | $1,050/sf | -22.8% |
| Dec 5, 2016 | 3R | 1 BR · 1 BA · 1,083 sf | $1,495,000 | $1,380/sf | +0.0% |
| May 20, 2016 | 4R | 1,083 sf | $1,650,000 | $1,524/sf | — |
| Mar 2, 2016 | 1F | 860 sf | $855,000 | $994/sf | -12.3% |
| Jan 20, 2015 | PH | 1 BR · 2 BA · 1,575 sf | $2,800,187 | $1,778/sf | -18.8% |
| Jul 28, 2014 | 2F2R | 2 BR · 2,559 sf | $2,494,712 | $975/sf | — |
Market read. Most recent trades (2024) cleared a median $1,246/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 7.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00106-7503; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at Seaport Loft Condominium and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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Comparable buildings
- 264 Water Street — A larger prewar condominium on the same Seaport block.
- 130 Beekman Street — A nearby small condominium in an older low-rise building.
- 117 Beekman Street — A prewar condominium alternative with a larger association in the Seaport.
- Keuffel & Esser Building — A small historic condominium for buyers comparing distinctive downtown conversions.
- Fultonhaus — A taller prewar condominium with a modest number of residences.
More Financial District buildings
- 176 Broadway — 1927 co-op
- 264 Water Street — 1885 condominium
- 269 Water Street — condominium
- 273 Water Street — condominium
- 275 Water Street — 1896 co-op
- 330 Pearl Street — 1882 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com