275 Water Street - Financial District
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275 Water Street is an intimate pre-war co-op built in 1896 on a cobblestone street in the South Street Seaport Historic District. The eight story building contains just seven units in a converted warehouse, offering elevator access and intercom. Its location between Peck Slip and Dover Street places residents in the heart of the revitalized Seaport area, near Jean-Georges' Tin Building, numerous restaurants, green markets, and the renovated Fulton Station subway hub.
The building is characterized by spacious duplex lofts, many occupying entire floors and measuring approximately 3,000 square feet. Common features across units include barreled cement ceilings, exposed brick walls, oak and butcher block floors, and high ceilings. Most apartments offer flexible layouts that can accommodate three to five bedrooms, with multiple exposures providing all day light. Recent improvements include new double paned windows throughout the building.
The eighth floor penthouse duplex stands out with 16 windows on its first level and nine exposures on the penthouse floor, offering panoramic views of the Brooklyn Bridge, Freedom Tower, Woolworth Building, Gehry Beekman Tower, and Municipal Building. Other units feature river views and eastern exposures toward the Seaport, as well as western views of City Hall and downtown landmarks. The building maintains a clean basement with shared storage space for residents.
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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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