Manhattan ‘ship house’ filled with rental lofts lists for $13m

An investment opportunity on the waterfront

A waterfront storehouse has hit the market in Manhattan for a cool $13m – comprising a mix of retail space and renovated lofts.

The building, which dates back to the 1840s and sits at 115 South Street (once the ‘street of ships’) houses seven apartments and a ground floor retail space, all of which are fully occupied.

Manhattan ‘ship house’ filled with rental lofts lists for $13m
Via Nest Seekers

Even better? The Manhattan property – on the market via Nest Seekers – has been completely renovated in keeping with its historic past. Raftered 9-ft-high ceilings and painted brickwork feature heavily across the light-filled apartments, which have original wood floors, beams, columns and oversized windows.

Manhattan ‘ship house’ filled with rental lofts lists for $13m
Via Nest Seekers
Manhattan ‘ship house’ filled with rental lofts lists for $13m
Via Nest Seekers
Manhattan ‘ship house’ filled with rental lofts lists for $13m
Via Nest Seekers

A wine store currently occupies the ground floor shop, while floors two, three and four contain six one-bedroom lofts. Crowning the building is a two-bedroom penthouse.

[H/t 6 sq ft]

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