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265 Water Street is a seven-story pre-war building completed in 1879. Located in the South Street Seaport Historic District, it features a key-locked elevator.
265 Water Street is a seven story pre-war co-op completed in 1879 in the South Street Seaport Historic District. On a cobblestone block, the eight unit building includes a full floor loft of approximately 1,818 square feet, organized as flexible live and work space with a private sleeping area, an open sleeping area, and an office.
The building retains the compact scale and historic character of the old Seaport, with an intercom system and a small cooperative structure. Unlimited subletting is permitted, and the co-op has no flip tax, policies that give ownership at the property a more flexible framework than is typical for a cooperative.
The location is closely tied to the waterfront, with Piers 15, 16, and 17, the East River Esplanade, and the Seaport's restaurants, shops, and weekend greenmarket nearby. The A, C, J, Z, 2, 3, 4, and 5 trains stop at the Fulton Street station complex, connecting the neighborhood to Lower Manhattan and beyond.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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