115 South Street, New York, NY 10038

This low-rise mixed-use building totals 13,119 square feet and is 37 feet wide, with existing historic fabric throughout. The structure features exposed timber columns and beams, exposed brick walls, and skylights, along with a loft-style penthouse configured as a 2-bedroom, 1.5-bath residence. Above six half-floor rental apartments, the penthouse includes 14-foot pitched ceilings. A gracious ground floor retail space completes the current mixed-use configuration.

Located in the Seaport district, the property is described as being in the heart of an evolving waterfront neighborhood with historic facades and cobblestone streets. The remarks note the building sits at the edge of the East River, with waterfront lifestyle and views, and convenient ferry access to Brooklyn. The surrounding area is characterized by restaurants, bars, shops, and cultural sites.

The building offers multiple paths for an owner-operator or investor: create a private residence atop a retail business, maintain an income-producing mixed-use asset with the remaining apartments below, or pursue an expanded residential footprint. The offering also references the ability to deploy additional FAR with LPC approval for a rooftop addition to create additional interior living space. The building is also presented as a potential site for a grand single-family mansion, depending on the buyer’s intended development plan.