275 Water Street
275 Water Street, between Peck Slip and Dover Street, South Street Seaport, within the Financial District corridor
Financial District
BBL 1001070049 · BIN 1001385
- Year built
- 1896
- Type
- Cooperative
- Floors
- 8
- Landmark
- Designated
- Amenities
- Elevator; intercom; laundry
- Financing
- Minimum 25% down — confirm with the managing agent
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $801
- Listing discount
- 6.9%
- Recorded sales
- 9
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 275 Water Street 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.
About the building
J. M. Farnsworth designed 275 Water Street in 1896 as an eight-story commercial building. Its six-bay façade uses cast-iron vertical supports and pressed sheet-metal panels between floors, decorated with alternating foliage and geometric patterns. The original iron columns remain visible despite changes to the storefront. The height and broad windows distinguish it along this low-rise section of the Seaport, and its commercial floor plates have become cooperative loft apartments.
The homes include single-level spaces and large duplexes created by joining floors. Combined residences reach approximately 3,000 square feet, with open living areas, exposed masonry and barrel-vaulted concrete ceilings. Upper apartments have river and Brooklyn Bridge views across several exposures. An elevator serves the building, while internal stairs connect the levels of duplex homes. The property is on Water Street’s cobblestone block, close to the waterfront and the Brooklyn Bridge approach.
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. 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 |
|---|---|---|---|---|---|
| Aug 14, 2026 | 5 | 3 BR · 2.5 BA · 3,121 sf | $2,500,000 | $801/sf | -8.3% |
| Jun 28, 2024 | 1 | 1,100 sf | $940,000 | $855/sf | -5.5% |
| May 29, 2015 | 3 | 5 BR · 3 BA · 3,000 sf | $2,400,000 | $800/sf | -10.9% |
| Feb 12, 2013 | 5 | 3 BR · 2.5 BA · 3,000 sf | $2,200,000 | $733/sf | -4.3% |
| Jun 29, 2011 | 23 | 5 BR · 3 BA · 3,000 sf | $1,757,500 | $586/sf | -9.9% |
Market read. Most recent trades (2026) cleared a median $801/sf across 1 sale. Median listing discount 6.9% 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 1-00107-0049) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 275 Water Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like275 Water Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Six residences support an eight-story elevator building. Elevator replacement and restoration of the decorative metal façade can represent substantial shared projects for this cooperative. For a duplex purchase, the share allocation and proprietary lease should cover both floors as one authorized home.
Comparable buildings
- The Morse Building — a larger cooperative formed through the residential conversion of an early commercial high-rise.
- The Potter Building — a landmark commercial building converted to loft cooperative apartments.
- 264 Water Street — a Seaport warehouse conversion with condominium ownership and more residences.
More Financial District buildings
- 264 Water Street — 1885 condominium
- Seaport Loft, 272 Water Street — 1867 condominium
- 273 Water Street — condominium
- 330 Pearl Street — 1882 condominium
- 377 Rector Place (Liberty House) — 1986 condominium
- 380 Rector Place (Liberty Terrace) — 1986 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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.
Considering a move at 275 Water Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.