252 South Street #53B, New York City, NY 10002
Listing Courtesy of Compass
$2,199,000
Potential Rebate: $32,985
Overview
Invest in Elevated Living at One Manhattan Square: A Rare Opportunity in NYC Real Estate
Seize a unique investment opportunity with this luxury 2-bedroom, 2-bathroom condominium at One Manhattan Square, one of New York City's premier full-service residential towers. Offering panoramic views, world-class amenities, and one of the last 20-year tax abatements in the city, this property is a rare blend of financial prudence and modern sophistication.
Strategic Investment with Lasting Value
Located in Manhattan’s rapidly evolving Lower East Side, this residence is ideally positioned for long-term appreciation. The 20-year tax abatement ensures significantly reduced carrying costs, amplifying your return on investment while protecting against volatile market shifts. Few properties in NYC offer such an attractive balance of luxury living and financial foresight.
High-End Design Meets Urban Demand
The unit features floor-to-ceiling windows framing unobstructed views of the Brooklyn skyline and downtown Manhattan—an in-demand asset for discerning tenants or future resale. An open-concept floor plan, top-tier Miele appliances, and automated window treatments add to its marketability and contemporary appeal.
Turnkey Luxury for Tenants or Owners
The master suite includes a spa-inspired bathroom with radiant heat flooring and glass-enclosed shower, while the second bedroom offers flexibility for high-income renters seeking a home office or guest space. Premium finishes and thoughtful design ensure a strong position in NYC’s competitive rental or resale market.
A Vertical Resort in the Heart of the City
Ownership includes access to over 100,000 square feet of amenities—a major differentiator in today’s luxury rental landscape. Features include a private cinema, full-service spa, indoor pool, state-of-the-art gym, landscaped gardens, and a 24/7 concierge service—all designed to attract and retain high-value tenants.
Prime Location with Cross-Borough Connectivity
One Manhattan Square sits at the convergence of Lower Manhattan’s cultural energy and Brooklyn’s creative momentum. Proximity to Chinatown, the East River Esplanade, and major transit hubs enhances both livability and rental appeal.
Whether you're building your portfolio or securing a future home with appreciating value, One Manhattan Square offers a compelling opportunity to invest in New York’s next chapter of luxury living.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •In Unit
- •Garage
- •Breakfast Bar
- •High Ceilings
Building Amenities
- •Garage
Estimated Monthly Payment
$12,255 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$32,985
Monthly savings impact
$92/mo
Effective Purchase Price
$2,166,015
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20034859
RLS at REBNY
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20034859
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for One Manhattan Square against the surrounding Two Bridges market.
Average List Price
Price Per SqFt
1.99% Higher
than the Two Bridges price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Two Bridges.
