264 WATER Street #PHA, New York City, NY 10038
Listing Courtesy of Corcoran Group
$1,600,000
Potential Rebate: $24,000
Overview
<strong> </strong>Penthouse Loft with Brooklyn Bridge Views<br> <br> Welcome to this one-bedroom penthouse with Brooklyn Bridge Views at 264 Water Street, a rare offering at The Walton - where historic architecture meets modern sophistication in the heart of the South Street Seaport.<br> <br> This one-bedroom, two-bathroom penthouse loft spans over 1,200 square feet with over 700 sq ft of outdoor terrace, offering breathtaking views of the Brooklyn Bridge from both the living area and the bedroom. Sunlight streams through dramatic skylights and oversized windows, highlighting the open, airy layout and accentuating the home's warm, inviting atmosphere.<br> <br> The spacious great room flows seamlessly between living, dining, and kitchen areas - ideal for both entertaining and relaxed everyday living. Original loft details such as exposed beams, soaring ceilings, and wood floors honor the building's industrial heritage, while thoughtfully updated finishes bring a sense of modern refinement.<br> <br> Perched atop a boutique seven-story condominium, The Walton combines classic cast-iron architecture with a private, intimate feel. Step outside to cobblestone streets, waterfront promenades, boutique shops, and world-class dining, all just moments from the Fulton Transit Hub for easy access to anywhere in the city.<br> <br> Experience penthouse living at its finest - where light, history, and iconic views of the Brooklyn Bridge come together in a timeless downtown setting.<br> <br> Storage space available. Price upon request.<br>
Home Features
- •Window Unit(s)
- •Washer Hookup
- •In Unit
- •Balcony
- •Private Outdoor Space Over 60 Sqft
- •Bridge(s)
- •City
Estimated Monthly Payment
$9,844 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$24,000
Monthly savings impact
$67/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20054497
Price Analysis
Compare average listing prices and value metrics for The Walton against the surrounding South Street Seaport market.
Average List Price
Price Per SqFt
24.48% Lower
than the South Street Seaport price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
South Street Seaport
Overview of South Street Seaport
South Street Seaport is where New York began. Located on the East River in Lower Manhattan, it is a historic district featuring some of the oldest architecture in the city, lively piers, and a revitalized waterfront. For buyers interested in South Street Seaport Manhattan real estate, it offers a blend of 19th-century charm and modern luxury.
Living in South Street Seaport is atmospheric. You walk on cobblestones past tall ships docked at the pier. As a transforming Manhattan NYC neighborhood, it has evolved from a tourist trap into a vibrant residential community with high-end dining and entertainment.
Real Estate & Housing Market
The market for homes for sale in South Street Seaport is a mix of converted Federal-style commercial buildings and ultra-modern glass towers. The contrast is striking.
Development has been booming, with new luxury condos offering river views and top-tier amenities. Prices have risen as the neighborhood has "arrived" as a legitimate destination for locals, not just visitors.
Lifestyle & Community
The lifestyle in South Street Seaport is distinct. It feels maritime and open. Residents enjoy the rooftop concerts at Pier 17, movies at the Alamo Drafthouse, and dining at the Tin Building by Jean-Georges.
The community is growing, attracting professionals working in the Financial District who want more character than the typical sleek high-rise offers. It is lively on summer evenings but peaceful in the mornings.
Transportation & Accessibility
South Street Seaport is a short walk from the major transit hub at Fulton Street (A, C, J, Z, 2, 3, 4, 5 trains), connecting you to anywhere in the city.
The NYC Ferry terminal at Pier 11 is a major asset, offering boat commutes to Brooklyn, Queens, and Midtown. It is the most scenic way to travel.
Parks, Schools & Amenities
Pier 17 acts as a massive public rooftop park with stunning views of the Brooklyn Bridge. The East River Esplanade allows for biking and running along the water.
Amenities have skyrocketed in quality. The Tin Building is a culinary marketplace that rivals Eataly. The area has become a genuine hotspot for food and culture.
Who This Neighborhood Is Best For
South Street Seaport is best for history buffs, lovers of waterfront living, and FiDi professionals who want a neighborhood with soul and cobblestones.
