257 Water Street, New York, NY 10038

Financial District, Downtown Manhattan, Manhattan
Building in Financial District
6 Stories
20 Units
Built in 1900
257 Water Street - Photo 1
257 Water Street, Apt 3K
Financial District, Downtown Manhattan, Manhattan
$7,000
|
5 Bed
|
2 Bath
By Sara Khorsandi
Welcome to 257 Water Street, a building located in Financial District, Downtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1900. This is a relatively tall building with a total of 6 floors. From what we gather, there are a total 20 residential units. According to local assessors, the total value of the building is currently valued at $3,653,550. Specifically, the value of the land that the property sits on has been assessed at $481,500.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. The code designated for the basement in this building was 2 which stands for: "". The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1900
First Altered Year
1983
Building Count
1
Floor Count
6
Total Unit Count
24
Residential Unit Count
20
Basement Type
2
Unit Count
Building Floor Area
Residential Building Floor Area
20,623
Commercial Building Floor Area
5,280
Retail Building Floor Area
5,280
Floor Area Ratios
Building Area Source
2
Building
Building Type
D7
Lot Type
3
Land Use
04
Irregular Lot Code
Y
Proximity Code
3
Extension Code
N
Sanborn Map Number
101S023
Ownership
Current Owner's Name
JS EQUITY HOLDINGS 2 LLC
Neighborhood
Census Block
3013
Community District
101
City Council District
1
Historic District Name
South Street Seaport Historic District
Police Precinct
1
Fire Company
E006
Health Area
7700
Sanitation District Borough
1
Sanitation Subsection
1B
School District
02
Census Block Code
3013
Census Group
3
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610015013013
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
001501
Census Tract Code
001501
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
C6-2A
Special Purpose District 1
LM
Zoning Map Number
12b
Geography
Borough Name
MN
Borough Code
1
Block
107
Lot
42
Borough Block Lot
1001070042
Apportionment BBL
1001070043
Apportionment Date
Jan 09, 1985
X Coordinates
983829
Y Coordinates
197325
Valuation
Pluto Map ID
1
More About The Building
To break it down, the depth of the building was measured at 52 square feet and the front is listed as 41 square feet. In comparison, the lot area is listed as 5,866 square feet. The depth of the property lot was measured at 101 square feet and the front at 43 square feet. The building itself has 25,903 square footage of total floor area. Out of that, 20,623 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 257 Water Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Financial District area have a median price of $4,175. Those in the 25th percentile, have a price around $3,500. While those in the 75th percentile, have a price around $5,300. Typically, the buildings in this area have a median sqft of 717. That means that the median price per sqft is around $6. In other words, the price per sqft for buildings in the 25th percentile is $5. While the price per sqft for buildings in the 75th percentile is $7. As a breakdown, we've included the following stats:

  • There are currently a total of 696 studio listings. The median price for these types of listings is $3,418. That's $6.25 price per sqft.

  • There are currently a total of 649 one bedroom listings. The median price for these types of listings is $4,334. That's $6.23 price per sqft.

  • There are currently a total of 307 two bedroom listings. The median price for these types of listings is $5,620. That's $6.55 price per sqft.

  • There are currently a total of 128 three bedroom listings. The median price for these types of listings is $7,792. That's $5.55 price per sqft.

  • There are currently a total of 34 four bedroom listings. The median price for these types of listings is $7,969. That's $5.10 price per sqft.
About The Area
257 Water Street is located in New York County, New York. There are 1,634,989 people living here. There are 753,385 households. Most of these households have an average family size of 3.09 people. According to the census, 77% are currently renting while 23% own their homes. The median age of this population is around 36.7 years old. On average, most folks in the county are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $75,513. Most folks will commute by public transportation for around 31.4 minutes. Finally, we know that 13% of residents in the area have graduated with their high school degree. Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$3,418
Studio Median Rent
$4,334
1BR Median Rent
$5,620
2BR Median Rent
$7,792
3BR Median Rent
PUBLIC TRANSIT
2
3
Fulton St (0.27 mi - 6 min walk)
MTA New York City Transit
J
Z
Fulton St (0.34 mi - 8 min walk)
MTA New York City Transit
A
C
Fulton St (0.34 mi - 8 min walk)
MTA New York City Transit
J
Z
Chambers St (0.35 mi - 8 min walk)
MTA New York City Transit
4
5
6
6X
Brooklyn Bridge-City Hall (0.35 mi - 8 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PECK SLIP SCHOOL (THE)  •  0.03 mi
1 Peck Slip, New York, NY 10038
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  2.21 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
345 E 15th St, New York, NY 10003
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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