




264 Water St #Pha, New York, NY, 10038
About This Home
*Penthouse Loft with Iconic Brooklyn Bridge Views & Over 700 SF of Private Outdoor Space* Perched atop The Walton, this exceptional one-bedroom, two-bathroom penthouse offers a rare opportunity to own a true loft residence with over 1,200 square feet of interior space and more than 700 square feet of private outdoor terraces, all framed by spectacular views of the Brooklyn Bridge. Expansive oversized windows flood the home with natural light, showcasing the dramatic scale of the living spaces and providing captivating bridge views from both the living room and the primary bedroom. The thoughtfully designed open layout seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for entertaining as well as comfortable everyday living. Classic loft character is preserved through soaring ceilings, exposed beams, and rich hardwood floors, while modern updates add comfort and sophistication throughout. The result is a home that blends historic charm with contemporary design in one of Downtown Manhattan's most distinctive neighborhoods. Located within The Walton, an intimate seven-story boutique condominium, residents enjoy the character of a historic cast-iron building paired with the privacy of a boutique collection of homes. Just outside your door, the South Street Seaport offers waterfront parks, cobblestone streets, acclaimed restaurants, boutique shopping, and easy access to the Fulton Transit Center. A true penthouse retreat, this home combines expansive indoor-outdoor living, timeless loft architecture, and unforgettable Brooklyn Bridge views in one of Manhattan's most vibrant and historic waterfront neighborhoods.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 1,233
- Total interior livable area: 1,233 sqft
Property
Details
- Parcel number: 001061324
- Special condition: Resale
Features
- Patio & porch: Deck,Terrace
- Exterior features: Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Skyline,Water
- Has water view: Yes
- Water view: Water
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Coastal Flooding
- Cold Wave
- Earthquake
- Hurricane
- Inland Flooding
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $246 | $2,952 |
| Property Taxes | $739 | $8,868 |
| Electricity | $246 | $2,954 |
| Total | $7,551 | $90,612 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-02 | Price change | $7,995 |
| 2026-07-29 | Listed for sale | $1,250,000 |
| 2026-07-17 | Listed for rent | $8,750 |
| 2026-04-28 | Listing removed | $1,575,000 |
| 2026-03-25 | Listing removed | $9,000 |
| 2026-03-20 | Listed for rent | $9,000 |
| 2026-03-06 | Listing removed | $9,000 |
| 2026-03-05 | Listed for rent | $9,000 |
| 2026-01-13 | Price change | $1,575,000 |
| 2025-11-19 | Price change | $1,600,000 |
| 2025-10-14 | Listed for sale | $1,695,000 |
| 2014-11-06 | Sold | $1,552,831 |
