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115 South St 7 Unit Apartment Building $15,902,067 CAD ($2,271,724 CAD/Unit) New York, NY 10038

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INVESTMENT HIGHLIGHTS

  • Currently configured as a dream penthouse 2-bedroom, 1.5 bathroom loft with 14-foot pitched ceilings atop six half-floor rental apartments.
  • 115 South Street is in the heart of the Seaport district, a neighborhood whose history spans nearly four centuries.

EXECUTIVE SUMMARY

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.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $15,902,067 CAD
Price Per Unit $2,271,724 CAD
Sale Type Owner User
Sale Condition Redevelopment Project
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 13,119 SF
No. Stories 5
Year Built 1900
Zoning C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central ­location

AMENITIES

SITE AMENITIES

  • On-Site Retail
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0097-0002
Land Assessment
$369,654 CAD (2025)
Improvements Assessment
$1,069,727 CAD (2025)
Total Assessment
$1,439,382 CAD (2025)
  • Listing ID: 33638952

  • Date on Market: 2024-10-25

  • Last Updated:

  • Address: 115 South St, New York, NY 10038

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