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265 Water Street #5, 
Manhattan, NY 10038

$1,495,000


2

Beds


3

Baths


1,818

Sq Ft


Co-op

Active

Listed by

Suzanne T Unrein

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Last updated:

September 18, 2026, 01:57 AM

MLS#

RLS20087166

Source:

NY REBNY

About This Home

265 Water Street #5

Authentic Seaport Loft — Beautifully Renovated Full-Floor Residence - Unlimited subletting and no flip tax
OPEN HOUSE BY APPOINTMENT ONLY, FELL OUT OF CONTRACT - BACK ON MARKET
Set on a charming cobblestone block in the heart of Manhattan’s historic South Street Seaport, this exceptional full-floor loft blends authentic downtown character with a meticulous modern renovation. Spanning 1,818 square feet (as per OLR measurements,) the residence offers expansive open living with the flexibility to accommodate two sleeping areas (this property is legally a loft with two full bathrooms and is currently configured with one private and one open bedroom), a home office, and distinct living and dining spaces. A private elevator opens directly into the loft, where original wood-beamed ceilings, exposed brick walls, artisan millwork, and wide plank hardwood floors create a warm and sophisticated atmosphere. A custom steel-and-glass partition introduces an elegant entry sequence while preserving the loft’s open scale and natural light. The thoughtfully redesigned chef’s kitchen is appointed with premium Miele and Liebherr appliances and refined finishes, seamlessly connecting to the entertaining space. The home features two beautifully renovated full bathrooms, A/C, washer/dryer as well as a generous walk-in closet and additional basement storage. Located in a boutique cooperative that functions with the ease of a condominium - no flip tax, and unlimited subletting permitted — a rare combination in downtown Manhattan. Just outside your door, enjoy the Seaport’s vibrant waterfront lifestyle, with acclaimed restaurants - Mark Joseph Steakhouse and Osteria del Porto - boutique shopping, the East River Esplanade, weekend greenmarkets, and effortless access to multiple subway lines at the newly renovated Fulton Station.
A rare opportunity to own a true downtown loft in one of Manhattan’s most distinctive neighborhoods.

Home Facts

Co-op

3 Baths

2 Bedrooms

Built in 1879

Subdivision & Development:

South Street Seaport

Price Summary

1,495,000

$822 per Sq. Ft.

MLS #:

RLS20087166

Last Updated:

September 18, 2026, 01:57 AM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,818 Sq. Ft.


Structure

Structure

Architectural Style:

Prewar

Building Area:

1,818 Sq. Ft.

Year Built:

1879


Finances & Disclosures

Finances

Price:

$1,495,000

Price per Sq. Ft:

$822 per Sq. Ft.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.