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5 Hidden Secrets And Latest Updates On 170 John Street, New York's Historic Ships Chandlery

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As of December 24, 2025, 170 John Street in New York City stands as a unique blend of deep history and modern, high-end urban living, with a surprising new cultural hotspot drawing crowds to the Financial District. This address is not just another building; it's the Ships Chandlery Condominium, a rare surviving example of Greek Revival architecture that has been meticulously converted into a boutique, pre-war residential haven, directly across from the historic South Street Seaport. The property's recent real estate activity and the introduction of a new, highly-buzzed-about commercial tenant make it a must-know address for anyone interested in NYC's most exclusive and historic enclaves.

The building, which dates back to 1840, offers an extremely private atmosphere with only 15 total apartments, making market information and unit details highly coveted by real estate enthusiasts and potential buyers alike. While its granite facade speaks to its 19th-century mercantile past along the filled-in Burling Slip, its interior units feature modern luxury, including high ceilings, hardwood floors, and high-end finishes. The biggest news, however, involves its ground-floor commercial space, which has recently become home to one of the city's most talked-about new establishments, injecting a fresh, cosmopolitan energy into this landmarked location.

The Historic Legacy of Ships Chandlery Condominium

The building at 170 John Street, known officially as the Ships Chandlery Condominium, is a true architectural anomaly in the canyons of Manhattan’s Financial District. Built in 1840, it is a six-story structure constructed in the distinctive Greek Revival style.

It is one of only a handful—possibly just two—of granite-faced Greek Revival commercial buildings that have managed to survive in New York City. This rarity secured its designation as a landmark site by the Landmarks Preservation Commission on October 19, 1965, ensuring its historical integrity for future generations.

From Mercantile Hub to Modern Luxury

The building's original purpose was commercial, serving the bustling port activity along the East River. Its name, "Ships Chandlery," references its history as a supplier of equipment and provisions for ships, reflecting the area's deep maritime roots. The location was right on Burling Slip, a small inlet that has since been filled in, further highlighting the transformation of the neighborhood.

Today, the building houses just 15 exclusive condominium apartments, offering an intimate and private living experience that is a stark contrast to the large, modern high-rises nearby. The small number of units contributes to its boutique status and high demand.

Unit features within the Ships Chandlery often include vaulted ceilings, sun-filled eastern exposures, and luxury amenities like in-unit washer/dryers and high-speed internet access, blending pre-war charm with contemporary convenience.

Latest Real Estate Market: What Units Are Selling For

The real estate market at 170 John Street reflects its premium status, with transactions consistently commanding high prices, underscoring the value of its historical significance and prime location near the South Street Seaport.

Recent Sales Activity (2022-2023)

Recent sales data provides a clear picture of the property’s current market value, with activity noted as late as 2023. For instance, a unit identified as # C was last sold in 2023 for $1.82 million. This transaction established a price per square foot of $1,336, a strong indicator of the building's market strength.

Another unit, 2D, a 797 sq. ft. condo, sold in June 2022 for $1.1 million. These figures demonstrate the consistent demand for apartments in this landmarked condominium, particularly those with unique floor plans like the sprawling duplexes or coveted penthouses.

Penthouse and Rental Market Highlights

The rental market also sees high interest. Penthouse C, featuring a perfectly laid out 3-bedroom, 2.5-bathroom floor plan spanning 1,362 square feet with city and river views, was recently listed and leased. The presence of private outdoor space, such as a terrace, significantly enhances the value of these top-floor units.

Prospective buyers are typically required to meet a minimum down payment of 20%, a standard requirement for many boutique condominiums in the Financial District, especially those with a pre-war designation.

Old Mates: The Newest Australian Hotspot at 170 John Street

In a fascinating twist of modern development, the commercial space at 170 John Street has become home to a vibrant new establishment that has quickly become a cultural touchstone in Lower Manhattan: Old Mates.

This Australian pub opened its doors in February (recent year) and has rapidly gained a reputation as a must-visit destination, described as the place "to see and be seen." The establishment successfully secured a full liquor license following an application reviewed by Manhattan Community Board in late 2023.

A Taste of Down Under in the Seaport

Old Mates caters to New York City's significant Australian expatriate community, which is estimated to be around 25,000 people, and has successfully created a space that feels authentically "Aussie." The pub’s arrival has been a significant piece of local news, revitalizing the street-level dynamic of the historic building.

The presence of a high-energy, modern pub like Old Mates directly within a 1840 Greek Revival landmark creates a compelling juxtaposition. It highlights the constant evolution of the Financial District and South Street Seaport, where centuries-old architecture seamlessly integrates with contemporary nightlife and dining trends.

Topical Authority Entities & Keywords:

  • Ships Chandlery Condominium
  • Greek Revival Architecture
  • South Street Seaport
  • Financial District (FiDi)
  • Old Mates Pub (Australian Pub)
  • Burling Slip (Historic Location)
  • Landmarks Preservation Commission (LPC)
  • Boutique Condominium
  • Pre-War Residential Lease
  • Granite Facade
  • Manhattan Real Estate
  • Condo Duplex
  • Penthouse C
  • High-End Finishes
  • 10038 Zip Code
  • New York City History
  • Historic Building Conversion
  • Vaulted Ceiling
  • Luxury Amenities
  • Real Estate Sales Data
  • John Street Apartments
  • Commercial Tenant
  • East River Views
  • Urban Lifestyle
5 Hidden Secrets and Latest Updates on 170 John Street, New York's Historic Ships Chandlery
170 john street new york
170 john street new york

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