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257 Water Street, New York, NY 10038 Property Information

257 Water Street, New York, NY 10038 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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257 Water Street, New York, NY 10038 3
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Address

Primary address 257 Water Street
Secondary address 21-23 Peck Slip
Neighborhood Financial District
Zip code 10038
Borough Manhattan
Block & lot 00107-0042

Sales & Tax Overview for 257 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 01/25/2022
Purchase price $24,500,000
Tax class
Estimated property tax $515,578

Lot & Building Information for 257 Water Street, New York

Lot sq. ft. 5,866
Lot dimensions 43 ft x 101 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 25,903
Building dimensions 41 ft x 52 ft
Buildings on lot 1
Stories 6
Year built 1900
Year last altered 1983
Construction type
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Zoning & Use for 257 Water Street, New York

Zoning
Residential units (DOF) 20
Commercial units 4
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 1
Closest police station 0.57 Miles
Closest fire station 0.22 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 257 Water Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 257 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 257 Water Street, New York, NY 10038, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 21-23 Peck Slip, New York, NY 10038
  • 261 Water St, New York, NY 10038

About 257 Water Street, New York

How many sq. ft. does 257 Water Street, New York, NY 10038 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 257 Water Street, New York, NY 10038 has a total of 25,903 square feet and a current price per square foot of $945.

What is the year built & the current market value of 257 Water Street, New York, NY 10038?

257 Water Street, New York, NY 10038 was built in 1900 and has a current tax assessor's market value of $9,452,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease.

Ownership Information for 257 Water Street, New York

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Property owner name for 257 Water Street, New York, NY 10038
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Building contacts for 257 Water Street, New York, NY 10038
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 257 Water Street, New York

Create a free account to view the complete sales history for 257 Water Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/25/2022 $24,500,000
10/17/2019 $24,500,000
05/28/2014 $23,000,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 257 Water Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/13/2024 - R UCC3 Amendment
(2024061300419001)
02/04/2022 - R UCC3 Termination
(2022013101275007)
02/04/2022 - R Initial UCC1
(2022013101275006)
01/25/2022 - D
02/04/2022 - R
Assignment of Leases and Rents
(2022013101275005)
01/25/2022 - D
02/04/2022 - R
Agreement
(2022013101275004)
01/25/2022 - D
02/04/2022 - R
Assignment, Mortgage
(2022013101275003)
01/25/2022 - D
02/04/2022 - R
Deed
(2022013101275001)
01/24/2022 - D
02/04/2022 - R
Termination of Assign of L&R
(2022013101275002)
10/29/2019 - R UCC3 Termination
(2019102300561001)
10/21/2019 - R Initial UCC1
(2019101801016001)
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R: Recorded date
D: Document date

Property Taxes for 257 Water Street, New York

Access detailed property tax data for 257 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: $486,442
Estimated property tax: $515,578
Tax assessor's market value: $9,452,000
Assessed value: $4,253,400

Assessment History for 257 Water Street, New York

Here's the assessment & property tax history for 257 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
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%

Permits for 257 Water Street, New York

The complete history of permits filed for 257 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
02/12/2024 Alteration
09/07/2020 Alteration
07/21/2020 Alteration
02/22/2019 Alteration
11/13/2018 Alteration type 1
11/13/2018 Alteration
06/12/2018 Place of assembly
12/27/2016 Sign
09/04/2015 Sign
01/14/2011 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.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
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
Bus Routes
Name Pearl St/Peck Slip
Line M15
Distance (miles) 0.058

Neighbors for 257 Water Street, New York

Here are the neighbors for 257 Water Street, New York, NY 10038.

Address Square feet Purchase date Purchase price
269 Water St, New York 1,991 12/26/2014
12 R F Wagner Pl, New York 09/30/1985
80 Catherine St, New York 111,673
25 Peck Slip, New York 10,635 03/09/2022 $8,650,000
248 Front St, New York 5,635 05/29/2013 $1,850,000
254 Front St, New York 31,715 05/03/2013 $25,000,000
160 South St, New York 6,592 09/24/2014 $7,100,000
273 Water St, New York 7,079
25 Madison St, New York 4,765 06/19/2009 $1,400,000
33 Peck Slip, New York 39,747 01/09/2023 $60,000,000
252 Front St, New York 7,774 01/29/2020 $1,900,000
45 Peck Slip, New York 3,220 03/07/2003
251 Front St, New York 12/30/1977
265 Water St, New York 18,450 07/14/2016 $15,464
411 Pearl St, New York 305,000 04/26/2023
244 Front St, New York 15,765 10/31/2014 $7,200,000
275 Water St, New York 14,800 04/19/1982
279 Water St, New York 5,653 12/15/2021 $3,300,000
250 Front St, New York 18,100
246 Front St, New York 10,782 05/31/2013 $1,950,000
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