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241 Water Street, New York, NY 10038 Property Information

241 Water Street, New York, NY 10038 Property Information

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  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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241 Water Street, New York, NY 10038 1
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Address

Primary address 241 Water Street
Neighborhood Financial District
Zip code 10038
Borough Manhattan
Block & lot 00097-0051

Sales & Tax Overview for 241 Water Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 02/02/2011
Purchase price $15,100,000
Tax class
Estimated property tax $582,461

Lot & Building Information for 241 Water Street, New York

Lot sq. ft. 7,473
Lot dimensions 99.92 ft x 73.5 ft
Property type School or Academy (W3)
Building sqft 31,984
Building dimensions 100 ft x 73 ft
Stories 6
Year built 1989
Year last altered 2011
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Zoning & Use for 241 Water Street, New York

Zoning
Commercial units 1

Other Property Data for 241 Water Street, New York

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Floor area ratio (FAR) for 241 Water Street, New York, NY 10038, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 241 Water Street, New York, NY 10038, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 241 Water Street, New York

What is the year built & the total sq. ft. for 241 Water Street, New York, NY 10038?

241 Water Street, New York, NY 10038 was built in 1989 and has a total of 31,984 square feet.

When was 241 Water Street, New York, NY 10038 last sold and what was the last sale price?

241 Water Street, New York, NY 10038 was last sold in 02/02/2011 for $15,100,000.

Ownership Information for 241 Water Street, New York

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Property owner name for 241 Water Street, New York, NY 10038
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Building contacts for 241 Water Street, New York, NY 10038
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 241 Water Street, New York

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Purchase date Purchase price Buyer name Seller name
02/02/2011 $15,100,000

Title Documents for 241 Water Street, New York

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Date Type Amount Party 1 Party 2 Doc image
11/20/2025 - D
01/23/2026 - R
Memorandum of Lease
(2025121700488001)
06/16/2017 - D
07/07/2017 - R
Maps
(2017070700159002)
02/14/2017 - D
07/07/2017 - R
Condo Declaration
(2017070700159001)
12/20/2016 - D
01/31/2017 - R
Memorandum of Lease
(2017010301249005)
12/20/2016 - D
01/31/2017 - R
Memorandum of Lease
(2017010301249004)
10/11/2016 - R Initial UCC1
(2016101000074001)
06/25/2015 - D
07/28/2015 - R
Easement
(2015071600607001)
12/18/2014 - D
02/05/2015 - R
Sundry Miscellaneous
(2014122300763003)
10/01/2014 - D
02/05/2015 - R
Agreement
(2014122300763002)
10/01/2014 - D
02/05/2015 - R
Sundry Miscellaneous
(2014122300763001)
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R: Recorded date
D: Document date

Property Taxes for 241 Water Street, New York

Access detailed property tax data for 241 Water Street, New York, NY 10038. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Estimated property tax: $582,461
Tax assessor's market value: $0
Assessed value: $0

Assessment History for 241 Water Street, New York

Here's the assessment & property tax history for 241 Water Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2017/18 $13,912,000 $6,260,400 $0 10.514% $596,693 $0 n/a
2016/17 $13,219,000 $5,948,550 $0 10.574% $574,803 $0 n/a
2015/16 $12,519,000 $5,633,550 $0 10.656% $560,415 $0 n/a
2014/15 $12,154,000 $5,469,300 $0 10.684% $547,069 $0 n/a
2013/14 $11,254,000 $5,064,300 $0 10.323% $515,483 $0 n/a

Permits for 241 Water Street, New York

The complete history of permits filed for 241 Water Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
03/11/2026 Subdivision: condo
02/22/2017 Subdivision: condo
09/14/2015 Alteration type 2
09/14/2015 Alteration type 2
07/13/2015 Alteration type 2
03/09/2015 Alteration type 2
03/06/2015 Alteration type 2
03/06/2015 Alteration type 1
10/21/2014 Alteration type 1
10/20/2014 Alteration type 2
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Bus Routes
Name Pearl St / Peck Slip
Line M15
Distance (miles) 0.068

Neighbors for 241 Water Street, New York

Here are the neighbors for 241 Water Street, New York, NY 10038.

Address Square feet Purchase date Purchase price
170 William St, New York 301,941 08/10/2010 $10
270 Water St, New York 12,585 01/23/1996
212 Front St, New York 3,841 03/28/2003
245 Water St, New York 13,015 08/14/2019 $12,300,000
22 Peck Slip, New York 4,910 12/26/2014
24 Peck Slip, New York 14,261 05/01/2008
139 Nassau St, New York 111,685 03/08/2018 $82,826
1 Pace Plz, New York 526,781 03/07/2013
138 Beekman St, New York 1,880 03/07/2019 $3,075,000
136 Beekman St, New York 1,900 02/03/2022 $3,500,000
232 Front St, New York 9,826 04/23/1996
213 Front St, New York 40,000 05/01/2008
228 Front St, New York 11,457 12/26/2014
229 Front St, New York 14,400 05/01/2008
41 Park Row, New York 125,840
233 Water St, New York 4,836 12/21/2023 $5,400,000
226 Front St, New York 6,600 12/12/2002 $540,000
247 Water St, New York 10,236
140 Nassau St, New York 79,422 09/22/1980
40 Peck Slip, New York 4,883 07/01/2014
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