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252 South Street 53BNew York, NY 10002

For Sale

$2,199,000

Smart Buyer Rebate $27,488

Invest in Elevated Living at One Manhattan Square: A Rare Opportunity in NYC Real Estate

Seize a unique investment opportunity with this luxury 2-bedroom, 2-bathroom condominium at One Manhattan Square, one of New York City's premier full-service residential towers. Offering panoramic views, world-class amenities, and one of the last 20-year tax abatements in the city, this property is a rare blend of financial prudence and modern sophistication.

Strategic Investment with Lasting Value
Located in Manhattan’s rapidly evolving Lower East Side, this residence is ideally positioned for long-term appreciation. The 20-year tax abatement ensures significantly reduced carrying costs, amplifying your return on investment while protecting against volatile market shifts. Few properties in NYC offer such an attractive balance of luxury living and financial foresight.

High-End Design Meets Urban Demand
The unit features floor-to-ceiling windows framing unobstructed views of the Brooklyn skyline and downtown Manhattan—an in-demand asset for discerning tenants or future resale. An open-concept floor plan, top-tier Miele appliances, and automated window treatments add to its marketability and contemporary appeal.

Turnkey Luxury for Tenants or Owners
The master suite includes a spa-inspired bathroom with radiant heat flooring and glass-enclosed shower, while the second bedroom offers flexibility for high-income renters seeking a home office or guest space. Premium finishes and thoughtful design ensure a strong position in NYC’s competitive rental or resale market.

A Vertical Resort in the Heart of the City
Ownership includes access to over 100,000 square feet of amenities—a major differentiator in today’s luxury rental landscape. Features include a private cinema, full-service spa, indoor pool, state-of-the-art gym, landscaped gardens, and a 24/7 concierge service—all designed to attract and retain high-value tenants.

Prime Location with Cross-Borough Connectivity
One Manhattan Square sits at the convergence of Lower Manhattan’s cultural energy and Brooklyn’s creative momentum. Proximity to Chinatown, the East River Esplanade, and major transit hubs enhances both livability and rental appeal.

Whether you're building your portfolio or securing a future home with appreciating value, One Manhattan Square offers a compelling opportunity to invest in New York’s next chapter of luxury living.

Listed by Ryan Dichter

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License #10401291507

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Compass

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(720) 480-4386

Listed by Karen Doan

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License #10401357783

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Compass

Last updated August 30, 2025

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Source: REBNY #RLS20034859

Listing Facts

  • TypeCondo
  • NeighborhoodTwo Bridges
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu62
  • HOA/Maint. Fees$1,365/month
  • Taxes$288/year
  • Size1,034 sqft
  • Price per sqft$2,127

Amenities

  • Dishwasher
  • Pets Allowed
  • Concierge
  • Parking

Location

Mortgage Calculator

Listing History

07/07/2025
Listed by Compass
$2,199,000

Estimated Closing Costs

Total
$84,980
Attorney Fees
$4,000
NYC Mansion Tax
$27,487
Title Insurance
$9,896
Bank Attorney
$1,500
Mortgage Recording Tax
$38,097
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,199,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 252 South Street 53B

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time, Concierge Yes

Fees

  • Association Fee: $1,365.00 Monthly

Exterior

Construction

  • Number Of Units Total: 787
  • Property Condition: Excellent
  • Stories Total: 80
  • Structure Type: High Rise, Multi Family
  • Window Features: Double Pane Windows, Window Treatments
  • Year Built: 2019
  • Entry Level: 53

Features

  • Building Features: Elevator(s)
  • View: City Lights, City, Ocean, Panoramic, Water

Measurements

  • Lot Size Dimensions: 0
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $288.00

Interior

Features

  • Appliances: Dishwasher, Range, Range Hood, Stainless Steel Appliance(s), Wine Cooler
  • Flooring: Hardwood
  • Interior Features: Breakfast Bar, High Ceilings, Recessed Lighting, Sauna

Measurements

  • Living Area: 1,034
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lower East Side
  • Tax Block: 00248
  • Tax Lot: 1029

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area, In Unit

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.