New York City » 10038 » Water St » 245 Water St

245 Water Street, New York, NY 10038 - Property report

Also known as: 245 Water St

Property image for 245 Water Street, New York, NY 10038

Property type

Two Family Brick (B1)

Year built

1900

Lot sq. ft.

2,820

Sale price

$12,300,000

General information

Address

Primary address

245 Water Street

ZIP code

10038

Neighborhood

Financial District

Borough

Manhattan

Block & lot

00097-0055

Building

Property type

Two Family Brick (B1)

Building sq. ft.

13,015

Building dimensions

37.75 ft x 76.33 ft

Buildings on lot

Stories

Year built

1900

Last altered

2006

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

08/14/2019

Sale price

$12,300,000

Tax

Tax year

2026-2027

Property tax

$103,150

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Water Street (narrow)

Nearest wide street

Peck Slip

Distance to wide street

Lot dimensions

37.75 ft x 76.33 ft

Lot sq. ft.

2,820

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.61 Miles

Closest fire station

0.21 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 245 Water Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 245 Water Street, New York, NY 10038

Sale date	Sale price	Buyer name	Seller name
08/14/2019	$12,300,000	XXX XXXXXX, XXXXXX-XXXXXXX XXX XXXXXXXXX XX	XXXXXX, XXXXXX
04/14/2004	$3,750,000	XXXXXX, XXXXXX	XXX XXXXX XX. , XXX
12/29/2003	$2,700,000	XXX XXXXX XX. , XXX.	XXXXXX''X XXXXXX XXXXXXXXX XX XXX XXXX & XXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/27/2019 - R 08/14/2019 - D	Deed (2019082300837002)	XXXXXX XXXXXX	XXX XXXXXX XXXXXXXXXXXXX XXX XXXXXXXXX XX
08/27/2019 - R 07/09/2019 - D	Power of Attorney (2019082300837001)	XXXXXX XXXXXX	XXXXXXXX XXXXX
05/17/2004 - R 04/14/2004 - D	Deed (2004041601680001)	XXX XXXXX XX XXX	XXXXXX XXXXXX
01/22/2004 - R 12/29/2003 - D	Deed (2004010200335001)	XXXXXXX XXXXXX XXXXXXXXX XX XXX XXXX XXX XXXXXX	XXX XXXXX XX XXX
10/19/1994 - R 09/23/1994 - D	Deed (1510004463351)	XXXXX XXXXXX XX XXX	XXXXXXX XXXXXX XXXXXXXXX XX XXX XXXX XXX XXXXXX
12/15/1987 - R 12/09/1987 - D	Deed (1080000225408)	XXXX XXXXXX	XXXXX XXXXXX XX XXX
12/15/1987 - R 12/09/1987 - D	Deed (1070000225407)	XXXXXX XXXXXX X XXXX	XXXXX XXXXXX XX XXX
07/28/1982 - R 07/22/1982 - D	Deed (1140000012514)	XXX XXXXX XXXXXXXXXXXXX	XXXX XXXXXX
01/30/1978 - R	Landmark Designation (1640008585764)	XXXXX XX XXXXXXX XXXX	XXXXXXXXX XXXX
07/21/1972 - R	Release (1650008507565)	XXXXX XXXXXXXXX XXXX	XXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 245 Water Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$103,150

Municipal exemptions

Recent tax assessments

Market value

$43,980,000

Assessed value

$2,638,800

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$34,306,000	$2,058,360	$0	19.843%	$97,311	$0	n/a
2024/25	$28,097,000	$1,685,820	$0	20.085%	$93,709	$0	n/a
2023/24	$25,291,000	$1,517,460	$0	20.085%	$93,709	$0	n/a
2022/23	$22,287,000	$1,337,220	$0	20.309%	$93,255	$0	n/a
2021/22	$19,061,000	$1,143,660	$0	19.963%	$86,478	$0	n/a
2020/21	$21,709,000	$1,302,540	$0	21.045%	$86,005	$0	n/a
2019/20	$24,504,000	$1,470,240	$388,800	21.167%	$82,297	$82,297	+1.57%
2018/19	$15,196,000	$911,760	$387,340	20.919%	$81,333	$81,028	+4.28%
2017/18	$15,753,000	$945,180	$381,182	20.385%	$78,004	$77,704	+8.14%
2016/17	$11,669,000	$700,140	$359,443	19.991%	$72,166	$71,856	+19.09%

Permits

Permit information for 245 Water Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
12/26/2019	Alteration
11/21/2006	Alteration type 2
11/02/2006	Alteration type 2
03/01/2006	Alteration type 3
01/11/2006	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Battery Park City, Lower Manhattan residential market stats

Access a detailed real estate market overview of Battery Park City, Lower Manhattan so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Battery Park City, Lower Manhattan and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

William St & Fulton St at SE Corner

Station lines

A-C-J-Z-2-3-4-5

Distance (miles)

0.244

View subway map

Access the detailed traffic volume map for 245 Water Street, New York, NY 10038 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Peck Slip School (The)	8	Yes	Public	PK, K-5	325	0.05
Peck Slip School (The)	8	Yes	Public	PK, K-5	325	0.05
Blue School	NR	No	Private	PK-8	242	0.05
Blue School	NR	No	Private	PK-8	242	0.05
Success Academy Charter School-Nyc 12	NR	No	Charter	K-1	0	0.25
Success Academy Charter School-Nyc 6	NR	No	Charter	K-1	0	0.25
Success Academy Charter School-Nyc 14	NR	No	Charter	K-1	0	0.25
Success Academy Charter School-Nyc 3	NR	No	Charter	K-1	0	0.25
Nysarc - NYC Chapter	NR	No	Private		0	0.27
P.S. 126 Jacob August Riis	8	No	Public	PK, K-8	577	0.27

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Blue School	NR	No	Private	PK-8	242	0.05
Nysarc - NYC Chapter	NR	No	Private		0	0.27
P.S. 126 Jacob August Riis	8	No	Public	PK, K-8	577	0.27
Spruce Street School	9	No	Public	PK, K-8	431	0.28
UCP of NYC	NR	No	Private		0	0.28
School for Young Performers	NR	No	Private	K-12	10	0.38
School for Young Performers	NR	No	Private	K-12	8	0.38

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Manhattan Early College School For Advertising	5	No	Public	9-12	391	0.24
Urban Assembly Maker Academy	5	No	Public	9-12	520	0.24
Urban Assembly-Emergency Management	NR	No	Public	9-12	309	0.24
Murry Bergtraum High School For Business Careers	NR	No	Public	9-12	104	0.24
Nysarc - NYC Chapter	NR	No	Private		0	0.27
UCP of NYC	NR	No	Private		0	0.28
School for Young Performers	NR	No	Private	K-12	10	0.38
School for Young Performers	NR	No	Private	K-12	8	0.38
The Quad Preparatory School	NR	No	Private	K-12	77	0.40
Millennium High School	10	No	Public	9-12	665	0.53

Frequently asked questions

What is the year built for 245 Water Street, New York, NY 10038?

The development at 245 Water Street, New York, NY 10038 was built in 1900.

What is the total square footage of 245 Water Street, New York, NY 10038?

245 Water Street, New York, NY 10038 has a total of 13,015 square feet.

When was 245 Water Street, New York, NY 10038 last sold and what was the sale price?

245 Water Street, New York, NY 10038 was last sold on 08/14/2019 for $12,300,000.

What is the assessed value of 245 Water Street, New York, NY 10038?

245 Water Street, New York, NY 10038 is currently assessed at $2,638,800.

What are the property taxes for 245 Water Street, New York, NY 10038?

The property taxes for 245 Water Street, New York, NY 10038 total $103,149.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.