Manhattan » 10038 » Water St » 257 Water St

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

Also known as: 21-23 Peck Slip

Property image for 257 Water Street, New York, NY 10038

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1900

Lot sq. ft.

5,866

Sale price

$24,500,000

General information

Address

Primary address

257 Water Street

Alternate address(es)

21-23 Peck Slip
23 Peck Slip
261 Water St

ZIP code

10038

Neighborhood

Financial District

Borough

Manhattan

Block & lot

00107-0042

Building

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Building sq. ft.

25,903

Building dimensions

41 ft x 52 ft

Buildings on lot

Stories

Year built

1900

Last altered

1983

Building material

Sales

Sale date

01/25/2022

Sale price

$24,500,000

Tax

Tax year

2026-2027

Property tax

$515,579

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

43 ft x 101 ft

Lot sq. ft.

5,866

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.57 Miles

Closest fire station

0.22 Miles

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

Ownership

Ownership information for 257 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 257 Water Street, New York, NY 10038

Sale date	Sale price	Buyer name	Seller name
01/25/2022	$24,500,000	XXXX XXXXX XXXXXX XXX	XXXXX XXXXXXX, XXX XXX XX XXXXXX XXXXXXXX X XXX
10/17/2019	$24,500,000	XXXXX XXXXXXX XXX XXX XX XXXXXX XXXXXXXX X XXX	XXX XXXXX XXXXXX XXX
05/28/2014	$23,000,000	XXX XXXXX XXXXXX XXX	XXX-XXX XXXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/13/2024 - R	UCC3 Amendment (2024061300419001)	XXXX XXXXX XXXXXX XXX	XXXX XXXXXXXXX XXXX
02/04/2022 - R	UCC3 Termination (2022013101275007)	XXXXX XXXXXXX XXX	XXXXXXXXX XXXX
02/04/2022 - R	Initial UCC1 (2022013101275006)	XXXX XXXXX XXXXXX XXX	XXXX XXXXXXXXX XXXX
02/04/2022 - R 01/25/2022 - D	Assignment of Leases and Rents (2022013101275005)	XXXX XXXXX XXXXXX XXX	XXXX XXXXXXXXX XXXX
02/04/2022 - R 01/25/2022 - D	Agreement (2022013101275004)	XXXX XXXXX XXXXXX XXX	XXXX XXXXXXXXX XXXX
02/04/2022 - R 01/25/2022 - D	Assignment, Mortgage (2022013101275003)	XXXXXXXXX XXXX	XXXX XXXXXXXXX XXXX
02/04/2022 - R 01/25/2022 - D	Deed (2022013101275001)	XX XXXXXX XXXXXXXX X XXX	XXXX XXXXX XXXXXX XXX
02/04/2022 - R 01/24/2022 - D	Termination of Assign of L&R (2022013101275002)	XXXXXXXXX XXXX	XXXXX XXXXXXX XXX
10/29/2019 - R	UCC3 Termination (2019102300561001)	XXX XXXXX XXXXXX XXX	XXXXXXXXX XXXX
10/21/2019 - R	Initial UCC1 (2019101801016001)	XXXXX XXXXXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 257 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

$515,579

Municipal exemptions

Recent tax assessments

Market value

$10,773,000

Assessed value

$4,847,850

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	$9,452,000	$4,253,400	$3,910,619	12.439%	$486,442	$486,442	+1.56%
2024/25	$8,548,000	$3,846,600	$3,831,750	12.5%	$478,969	$478,969	+1.34%
2023/24	$8,401,000	$3,780,450	$3,780,450	12.502%	$472,632	$472,632	+0.42%
2022/23	$8,727,000	$3,927,150	$3,836,880	12.267%	$470,670	$470,670	+5.29%
2021/22	$8,119,000	$3,653,550	$3,653,550	12.235%	$447,012	$447,012	+0.30%
2020/21	$8,780,000	$3,951,000	$3,633,030	12.267%	$445,664	$445,664	+7.03%
2019/20	$8,617,000	$3,877,650	$3,338,370	12.473%	$416,395	$416,395	+10.57%
2018/19	$8,389,000	$3,775,050	$2,985,930	12.612%	$376,585	$376,585	+11.15%
2017/18	$8,471,000	$3,811,950	$2,663,820	12.719%	$338,811	$338,811	+19.82%
2016/17	$6,110,000	$2,749,500	$2,193,300	12.892%	$282,760	$282,760	+14.99%

Permits

Permit information for 257 Water Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
02/12/2024	Alteration
09/07/2020	Alteration
07/21/2020	Alteration
02/22/2019	Alteration
11/13/2018	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	08/01/2024	Landmk-landmark none
	04/26/2023	C-construction other optional

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% 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)

0.27

View subway map

Access the detailed traffic volume map for 257 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

Frequently asked questions

What is the year built for 257 Water Street, New York, NY 10038?

The development at 257 Water Street, New York, NY 10038 was built in 1900.

What is the market value of 257 Water Street, New York, NY 10038?

The current market value of 257 Water Street, New York, NY 10038 is $10,773,000.

What is the total square footage of 257 Water Street, New York, NY 10038?

257 Water Street, New York, NY 10038 has a total of 25,903 square feet.

What is the price per square foot for this property?

$945 per square foot is the price for 257 Water Street, New York, NY 10038.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

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.