277 Water Street
Water & Dover Financial District
This home has been sold
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Nearby Subway Stations
- Approx. Sq. Ft.8,300
A beautifully restored landmark building in the Seaport with spectacular views of the Brooklyn Bridge and lower Manhattan. A five story classic brick building, this structure was originally created to house maritime trade and storage with 6x16 beams and 135lbs per square foot capacity. Completely converted for residential use, the 1st and 2nd floors can be easily reconverted to commercial and would be excellent for a restaurant with full basement. The buildings total sq. ft. Is 8300. Five stories at 1650 sq. ft. per floor. The building has new McClean heating systems with 5 individual boilers and 5 hot water tanks to service each floor. All floors are individually metered for gas and electric. The building has received a temporary certificate of occupancy comprising more than 90% of required upgrade work accomplished. With the imminent departure of the Fish Market, and with specific new development ear-marked for the Seaport, the upside potential for this neighborhood is particularly high. Located on a lovely 19C block with historic bldgs and superb restaurants including the Bridge Cafe, the oldest continously operating restaurant in NYC.
Downtown, from the West Side Highway to the East River, from the tip of Manhattan to the Brooklyn Bridge and Park Place.
Easy access to transportation has brought a new wave of condo buyers into the Financial District, known to its residents as “FiDi.” Recent conversions of office buildings in the Financial District have generated lofts and apartments with high ceilings and modern amenities such as gyms, concierges, and advanced computer systems. Rental buildings have modern lounges for socializing and roof decks that go on and on, with views to match. The new luxury high-rises have joined such classic Financial District co-ops as 3 Hanover Square, a conversion of the former Cotton Exchange.