RealtyLens
for saleRealtyLens property overview
$1,990,000

252 South St Unit 11L

New York, NY, 10002
View more New York, NY property pages
2Beds
2Baths
1,123Sqft
$1772$/sqft

Listing Notes

ONE MANHATTAN SQUARE OFFERS ONE OF THE LAST 20-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY Sponsor Incentive: FOR A LIMITED-TIME ON ALL NEWLY SIGNED CONTRACTS AS OF APRIL 1, 2025, SPONSOR WILL PAY 4 YEARS OF COMMON CHARGES AND REAL ESTATE TAXES AS A CREDIT AGAINST THE PURCHASE PRICE. INCENTIVE IS ONLY VALID ON 2-AND 3-BEDROOMS. Residence 11L is a 1, 123 square foot two bedroom, two bathroom with an open gourmet kitchen and breakfast bar. This spacious residence faces North East and North West, with expansive City and Skyline views. Warm, modern interiors are brought to life by the renowned design team at Meyer Davis Studio. This residence features imported stone and custom finishes, premium Miele appliance package, 5 wide stained oak flooring, master bath with custom wood cabinetry, marble tile walls and mosaic floors with radiant heat, under-mount Wetstyle sink with glass vanity top and Dornbracht polished chrome faucets and a washer and dryer. New York's premier development company Extell, has collaborated with a team of world-class talent to create an icon that reflects the quality, choice and excellence that distinguish Extell properties- One Manhattan Square. Perfectly situated along the Lower East Side Waterfront, this 800-foot-tall striking glass tower offers one to three-bedroom condominium residences that feature epic river and skyline views and a lifestyle enhanced by over 100, 000 square feet of indoor and outdoor amenities. One Manhattan Square presents the most valuable waterfront living opportunity in Manhattan with one of the last available 20-year tax abatement in New York City. Meyer Davis, the award-winning studio behind world-class hotels, elite private homes and flagship retail boutiques, has designed residences that rival five-star resorts. Each residence has been meticulously planned with gracious layouts, custom finishes and the most dynamic views. Residents can revel in the over 100, 000 square feet of resort-like amenities that span three full floors of the tower and over 1-acre of private outdoor gardens. It all thrives on the Lower East Side. The transforming neighborhood is buzzing with energy and is within proximity of a number of landmarks including the South Street Seaport, Manhattan Bridge, and the East River Esplanade. One Manhattan Square was designed to appeal to those that want it all; iconic views, lush gardens, gorgeous homes, and an unprecedented package of services and amenities. IIMMEDIATE OCCUPANCY SERVICES AND AMENITIES INCLUDE: Private motor court 24-Hour doorman and concierge White-glove services include package delivery, refrigerated storage, dry cleaning valet, and complimentary bicycle storage. Hammam with cold plunge pool 75' Saltwater indoor swimming pool Children's wading pool Spa treatment rooms Hot tub Sauna Full basketball court Two-lane bowling alley Squash court Golf simulator 42 Person movie theater and performance space Cellar bar and lounge Coworking space Wine storage and tasting room Cigar room Culinary lounge and demonstration kitchen Business center Game room Indoor children's playroom State-of-the-art weight room & cardio rooms Separate spin, yoga, Pilates and dance studios On-site parking garage available Pet spa, laundry, and alterations facilities Private storage available One Acre of Private Outdoor Amenities and Gardens include: Sumac meander Birch garden Social courtyards and relaxation lawns Fire pits Outdoor grills and dining Herb garden Treehouse Children's playground Tea pavilion Outdoor ping-pong Putting green Stargazing observatory 93' Covered dog run Managed by Extell Management Services

Market Insights

Below nearby median-13%

$1772/sqft vs a nearby median of $2026/sqft.

Nearby median$2026/sqft
Nearby properties12
Property size1,123 sqft
  • -13% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,123 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.16M$1.97M$2.36M · 50% confidence
vs ask $1.99M−$174k (−8.7%)

Asking price is about 8.7% below the fair value — likely to draw competing offers if it's still on market.

$2,072/sqft median across 6 tight comps × 1,123 sqft= $2.33M
  • Open Class C HPD violations−$140k −6.0%
  • Days-on-market gravity−$70k −3.0%
  • Transit access+$58k +2.5%
  • Special flood hazard zone−$47k −2.0%
  • Modern construction+$35k +1.5%
Cumulative NYC adjustments−$163k−7.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-13% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
312 days
Last price change
No change recorded
Listed
Jul 3, 2025
Photos
33 photos
Property type
condos
Status
for sale

Features & Amenities

Central AirCity ViewDoormanElevatorGymDining RoomDishwasherLaundry RoomPets AllowedRecreation FacilitiesViewWasher DryerSwimming PoolSwimming PoolTwo Or More StoriesGarage 1 Or MoreWaterfrontBasement

Photos

Building Facts

Year built
2019
Stories
72
Total units
1,023
Residential units
1,021
Building area
25.23 ac
Lot size
2.17 ac
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,990,000for sale

Public Records

DOB violations0 open

27 total recorded against the building

HPD violations66 open

14 class C (immediately hazardous)

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)30,745

Top: noise - residential

Top complaint types in ZIP 10002

  • Noise - Residential3,940
  • Illegal Parking3,290
  • Noise - Commercial2,918
  • Noise - Street/Sidewalk1,997
  • HEAT/HOT WATER1,752

Recent DOB

  • Aug 21, 2024V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • May 7, 2026Class A · § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT AT ALL WALLS IN THE 1st ROOM FROM EAST AT SOUTH LOCATED AT APT 4F, 4th STORY, 5th APARTM...
  • May 7, 2026Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRA...
  • May 7, 2026Class B · § 27-2005, 2006, 2037 HMC: PROPERLY REPAIR AND ABATE UNSAFE ELECTRIC WIRING CONDITION CONSISTING OF EXPOSED ELECTRIC WIRES AT SOUTH WALL AT PUBLIC HALL, 1st STORY
  • May 7, 2026Class B · § 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE GLASS PANE AT ENTRANCE TO BUILDING

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.