The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$2,600,000
275 Water St Unit 5/6
New York, NY, 10038
View more New York, NY property pages3Beds
2.5Baths
3,121Sqft
$833$/sqft
Market Insights
Below nearby median-35%
$833/sqft vs a nearby median of $1285/sqft.
Nearby median$1285/sqft
Nearby properties8
Property size3,121 sqft
- -35% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,121 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.91M$3.56M – $4.26M · 50% confidence
vs ask $2.60M−$1.31M (−50.4%)
Asking price is about 50.4% below the fair value — likely to draw competing offers if it's still on market.
$1,285/sqft median across 8 tight comps × 3,121 sqft= $4.01M
- Pre-war character+$100k +2.5%
- Special flood hazard zone−$80k −2.0%
- Open Class C HPD violations−$60k −1.5%
- Days-on-market gravity−$40k −1.0%
- Virtually staged−$40k −1.0%
- Transit access+$20k +0.5%
Cumulative NYC adjustments−$100k−2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 99 days
- Last price change
- No change recorded
- Listed
- Feb 2, 2026
- Photos
- 27 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1896
- Stories
- 8
- Total units
- 7
- Residential units
- 6
- Building area
- 14,800 sqft
- Lot size
- 1,804 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,600,000for sale
Public Records
DOB violations3 open
18 total recorded against the building
HPD violations1 open
1 class C (immediately hazardous)
ACRIS documents29
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)8,121
Top: vendor enforcement
Top complaint types in ZIP 10038
- Vendor Enforcement1,394
- Illegal Parking1,365
- Noise - Residential439
- Encampment360
- Noise358
Recent DOB
- Mar 4, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Feb 26, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- Feb 28, 2017V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Oct 1, 2015Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...
- Jun 16, 1986Class C · D26-10.01 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF ROOF SCUTTLE DOOR PADLOCKED 8TH STY TO ROOF AT SCUTTLE LADDER ER1.
Recent Transfers (ACRIS)
- Aug 8, 1978DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.