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Mixed-Use Elevator Building
For Sale
Contact for pricing
Pending

165 William St, New York, NY 10038

53-foot wide, elevatored mixed-use building with ground-floor retail and 11 residential units across ten floors.

Property Size31,073 SF
Days on Market124

Property Features for 165 William St

General Information

Standard status Pending
Size 31,073 SF
Property subtype Mixed Use, Multifamily

Additional Details

Multifamily Units 11

Building Details

Year Built 1907
Stories 10
Tenancy Multi
Listing Agency: New York Residence Inc
Listed By: Haavard Iversen · License #NY 10401296287
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 7:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New York Residence Inc

Investment Insights

Based on property information with market context.

165-167 William Street is a historic, neo-classically styled mixed-use building designed in 1907 by Bannister & Schell. The property spans 10 floors and includes elevator service. On the ground floor, there is a 2,700 SF retail unit with a long-term tenant, Downtown Pharmacy. Floors 2 through 10 contain 11 residential units, including a seventh-floor configuration of three Class-A units, with the remaining units described as large, full-floor layouts.

The building is located in the Fulton/Seaport area, positioned between new high-end condominium buildings on Park Row, Murray Street, and William Street, with the South Street Seaport nearby. The Fulton Street transportation hub, New York Presbyterian Hospital, and Pace University are also described as being in the direct vicinity.

The seller notes ongoing improvements and the investigation of multiple development strategies, including a potential six-story expansion; plans are available upon request. The historic facade is described as impressive, and the building is stated to be not landmarked.

Key Highlights

  • 53‑foot wide, elevatored mixed‑use building with 31,073 SF across ten floors
  • 12 total units: 1 ground‑floor 2,700 SF retail unit plus 11 residential units on floors 2‑10
  • Downtown Pharmacy is the long‑term tenant of the ground‑floor retail space

Property Analytics

Current Use

The Crafty Kids Event Planning Western Union Bank Lawrence Yakobzon Pharmacy Sang Lucci Trading ... Vocational School Inform Your Community Charitable Organization

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Adult Day Care Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38,192
Businesses Nearby

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 53-foot wide, elevatored mixed-use building with ground-floor retail and 11 residential units across ten floors.
Where is this apartment building located?
The property is located at 165 William St New York, NY.
What are key features of this property?
This property features: 53‑foot wide, elevatored mixed‑use building with 31,073 SF across ten floors; 12 total units: 1 ground‑floor 2,700 SF retail unit plus 11 residential units on floors 2‑10; Downtown Pharmacy is the long‑term tenant of the ground‑floor retail space
More about this property
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