Your email has been sent.
265 Water St 1,750 SF Retail Condo Unit Offered at $2,722,044 CAD in New York, NY 10038
INVESTMENT HIGHLIGHTS
- Turnkey build-out: recent top-to-bottom renovation
- Visibility and foot traffic: active corridor with offices, residences, and visitor destinations nearby
- Accessibility: wheelchair-accessible entry; two bathrooms
- Equipment package: coffee program and kitchen equipment (details on request)
- Suitable for an owner-user or investor seeking strong neighborhood demand drivers
EXECUTIVE SUMMARY
265 Water Street is a late-19th-century, boutique co-op loft building in the South Street Seaport Historic District. The eight-story, pre-war property is known for floor-through residences, high ceilings, and the kind of authentic timber/loft details that define the Seaport. A key-locked elevator serves a small number of homes, and the location sits moments from the Fulton/Seaport waterfront, the Brooklyn Bridge approaches, and multiple subway lines. Select listings note north/west exposures and an intimate, low-density feel typical of converted commercial buildings in this district.
PROPERTY FACTS
| Total Building Size | 18,450 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,055 SF |
| Property Subtype | Apartment | Year Built | 1900 |
| Building Class | C | Lot Size | 0.05 AC |
| Zoning | C6-2A - In C6-2A you can build a variety of commercial building uses, community facilities, and residential buildings. | ||
| Total Building Size | 18,450 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 2,055 SF |
| Year Built | 1900 |
| Lot Size | 0.05 AC |
| Zoning | C6-2A - In C6-2A you can build a variety of commercial building uses, community facilities, and residential buildings. |
1 UNIT AVAILABLE
Unit Retail Co-op
| Unit Size | 1,750 SF | Sale Type | Investment or Owner User |
| Price | $2,722,044 CAD | Cap Rate | 4.50% |
| Price Per SF | $1,555.45 CAD | NOI | $122,491.98 CAD |
| Condo Use | Retail | Sale Conditions | Lease Option |
| Unit Size | 1,750 SF |
| Price | $2,722,044 CAD |
| Price Per SF | $1,555.45 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.50% |
| NOI | $122,491.98 CAD |
| Sale Conditions | Lease Option |
DESCRIPTION
Recently completed top-to-bottom renovation delivers a turnkey café/restaurant build-out that reads new from storefront to service counter. The interior presents clean sight lines, warm hardwood flooring, and upgraded architectural lighting that frames both the ordering area and seating, creating an easy, intuitive guest flow for grab-and-go or linger-and-sip formats. A professionally outfitted kitchen and complete coffee program are available with the sale (equipment inventory available upon request), allowing a buyer to move in, fine-tune branding, and open with minimal downtime. Two bathrooms serve guests and staff, and the entry is wheelchair accessible to ensure barrier-free access for all patrons. The layout supports efficient daily operations, from morning coffee rush through lunchtime traffic and weekend footfall, and the surrounding mix of residential density, office users, and visitor activity helps drive steady, repeat business. If you’re seeking a clean, modern, guest-ready space with a credible equipment package and strong neighborhood demand drivers, 265 Water Street aligns well with owner-users looking for speed-to-market or investors seeking a polished F&B asset.
image-9
image-13
image-12
image-11
image-10
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Presented by
Primus Realty Group USA
265 Water St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.