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.
Active
Price cut: $21K (7/7)
$2,199,000
252 South St #53B, New York, NY 10002
2beds
1,034sqft
Condominium
Built in 2019
-- sqft lot
$-- Zestimate®
$2,127/sqft
$1,365/mo HOA
What's special
- 32 days
- on Zillow |
- 118 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 02:03pm
Listing by:
Compass 720-480-4386,
Ryan Dichter
Source: StreetEasy,MLS#: S1778936
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bike Room, Childrens Playroom, Media Room, Package Room
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,034
- Total interior livable area: 1,034 sqft
Property
Features
- Patio & porch: Other, Patio
- Exterior features: Garden
- Pool features: Swimming Pool
- Has view: Yes
- View description: City, Skyline, Water
- Has water view: Yes
- Water view: Water
Details
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2019
Community & HOA
Community
- Features: Doorman, Full Time Doorman
- Security: Doorman, Full-Time Doorman
- Subdivision: Two Bridges
HOA
- Has HOA: Yes
- Amenities included: Laundry, Fitness Center, Elevator(s), Concierge
- Services included: Maintenance
- HOA fee: $1,365 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $2,127/sqft
- Annual tax amount: $288
- Date on market: 7/6/2025
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