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    115 South St New York, NY 10038

    New
    For Sale
    $11,495,000

    Commercial Building, Low-rise - New York, NY

    Property size:
    13,119 SF
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 115 South St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    9
    Parking features
    Garage
    Size
    13,119 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Jim St. André

    Listing date Dec 3, 2025

    MLS# 11389172 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seaport District Mixed-Use Building

    This 13,119 square foot mixed-use building, with a width of 37 feet, presents an opportunity for various uses, including a private residence, an income-producing asset, or a single-family mansion. The building's history as a ship house circa 1840 is evident in its exposed timber columns and beams, exposed brick walls, and skylights. Currently, the property is configured as a penthouse loft with 2-bedrooms and 1.5 bathrooms featuring 14-foot pitched ceilings, six half-floor rental apartments, and a ground floor retail space. There is potential to expand the residential footprint and add interior living space with river and Brooklyn Bridge views via a rooftop addition, subject to LPC approval. Located in the Seaport district, the property is situated in a neighborhood with original facades and cobblestone streets, housing a mix of restaurants, bars, shops, and cultural sites, including Jean Georges' Tin Building and Pier 17. The property is located at the edge of the East River, providing waterfront lifestyle and access to Brooklyn via ferry service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PWS Winemaking Supply Store Long Tail Films Video Production Service Pasanella & Son Vintners Wine Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.001758
    Latitude
    40.707275

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in the Seaport district with income potential.
    Where is this mixed-use property located?
    The property is located at 115 South St New York, NY.
    What is the asking price?
    The asking price for this property is $11,495,000.
    What are key features of this property?
    This property features: - Significant income-producing mixed-use property with existing retail and residential rental units.; - Boasting substantial square footage (13,119 sq ft) with potential to expand residential space.; - Prime Seaport district location with waterfront access, views, and proximity to amenities.
    (646) 732-8162
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    115 South St New York, NY 10038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 South St New York, NY 10038
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