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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON AUG 02 2025 AT 1:37 PM.

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252 South St 53B

new york, NY 10002

$2,199,000

  • 2 BR
    2 BA
    APPROX. 1,034 SF

INTERESTED? LET'S CONNECT

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.

Details

1,034 Sq Ft

Condo

$1,365 Monthly Maintenance/CC

$288 Annual Tax

Built in 2019

MLS/Listing ID RLS20034859

787 Units

Amenities & Features

Breakfast Bar

Common Area

Wine Cooler

Stainless Steel Appliances

Range Hood

Range

Dishwasher

City View

Double Pane Windows

Elevators

Concierge

Doorman Full Time

Hardwood

Unfurnished

Window Treatments

Sauna

Recessed Lighting

City Lights View

Ocean View

Panoramic View

Water View

Parking - Garage

High Ceilings

Exposures - South

Pets Allowed

Listing Courtesy of COMPASS, RYAN DICHTER - 720-480-4386

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

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TOTAL MONTHLY COST

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

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