116 South Street
Building overview
About this building
A 5-story building located in Financial District-Battery Park City, containing 16 residential units. Built in 1873.
Negotiation reports, watchlists, and agent contact are on the way.
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Tools and next steps for this building.
Available Units
0 active
No past listings.
Past and off-market units will appear here when data is available.
Safety & Violations
Safety Record
Active Violations
Elevated. 1.5x higher than neighborhood average.
Top issues
- Admin2
- Pests2
- Structural2
Severity Key
- Class C: Immediately Hazardous (Major)
- Class B: Hazardous (Moderate)
- Class A: Non-Hazardous (Minor)
- Gas
An adequate supply of gas to the fixtures at gas range in the entire apartment located at apt 4c, 4th story, 1st apartment from north at east
Dec 3, 2012Class C - Electrical
A safe and adequate supply of electric service to the fixtures , in the entire apartment located at apt 4c, 4th story, 1st apartment from north at east
Dec 3, 2012Class C - Electrical
A safe and adequate supply of electric service to the fixtures at ceiling lights at public hall and stairs, all stories
Dec 3, 2012Class C - Window/Door
Broken or defective cracked glass pane at vestibule door at public hall, 1st story
Dec 3, 2012Class C - Structural
The broken or defective plastered surfaces and paint in a uniform color at ceiling in the kitchen located at apt 5c, 5th story, 2nd apartment from north at east
Jan 26, 2024Class B
Market Value Estimate
Statistical estimate based on publicly available listing data. Not an appraisal. See disclaimer.
Comp Matrix
| Unit Type | This Bldg | Area Avg | Diff. |
|---|---|---|---|
| Studio | — | $4,190.5 | — |
| 1 Bed | — | $4,857 | — |
| 2 Bed | — | $5,100 | — |
| 3+ Bed | — | $6,650 | — |
Value Verdict
Fair Price
Rents align with the neighbourhood average.
Rent vs. Buy Analysis
Rent
$4,857
Building Avg
Buy
$6,654
Est. Monthly Carry
Renting Saves ~$21,564/yr
Compared to buying a similar unit in this neighbourhood.
Est. based on current interest rates & area sales data.
Management & Operations
Management & Performance
Owner/Operator
108 AND 119 SOUTH STREET LLC
Responsiveness Score
Average time to resolve violations
Slower than NYC average (45 days)
Pet, climate, connectivity & leasing policies coming in a future update.
Pet Policy
Pet Friendly
Case-by-case approval
Climate
Steam Heat
Landlord pays heat/water
Connectivity
Fios & Spectrum
High-speed available
Leasing
Guarantors OK
Flexible approval