Listing Courtesy of Compass
$11,495,000
Potential Rebate: $172,425
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.
$66,688 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$172,425
Monthly savings impact
$479/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS11017893

Compare average listing prices and value metrics for 115 South Street against the surrounding Financial District market.
than the Financial District price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
The Financial District (FiDi) is where New York began. Narrow, winding colonial streets meet soaring glass skyscrapers.
\nOffice-to-residential conversions are the norm. High ceilngs, thick walls, and modern amenities in historic buildings.
\nFast-paced by day, quieter by night (though changing). Stone Street offers a lively cobblestone drinking scene.
\nThe best connective tissue in NYC. Fulton Center and WTC Oculus connect virtually every subway line and PATH.
\nThe Battery offers waterfront green space. Eataly, iPic Theater, and South Street Seaport provide leisure.
\nBest for Wall Street workers, efficiency lovers, and those wanting luxury value.

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