115 South Street, New York, NY 10038

115 South Street is a historic low-rise mixed-use building with approximately 13,119 square feet total and a 37-foot width. The existing fabric reflects its ship-house origins, with exposed timber columns and beams, exposed brick walls, and skylights throughout. The current layout includes a ground-floor retail space, six half-floor rental apartments, and a dream penthouse 2-bedroom, 1.5-bathroom loft with 14-foot pitched ceilings.

Located in the Seaport district, the building sits near the East River, offering a waterfront lifestyle. The surrounding area includes a mix of restaurants, bars, shops, and cultural sites, with original facades and cobblestone streets contributing to the neighborhood’s preserved character. Brooklyn access is described as available via ferry service.

This property can suit multiple ownership goals, including retaining an income-producing mixed-use structure while upgrading the residential experience above. Opportunity exists to expand the residential footprint with additional FAR, subject to LPC approval, for a rooftop addition designed to create more interior living space. The combination of retail frontage below and distinctive, character-rich residential space above supports tenants and buyers seeking an integrated live-and-work arrangement grounded in historic architectural elements.