265 Water Street, Manhattan, NY 10038
265 Water Street is an 8-story, 7-unit OLD LAW TENEMENT building located in the Financial District, built in 1872 and currently owned by David Steinberg. The property has a concerning history of fire safety violations, with two notable violations in October 2024 involving removed fire stopping, covered sprinkler heads, and covered smoke detectors, resulting in $12,500 in penalties. The building has undergone multiple tenant safety inspections in 2025, with one inspection (February 7, 2025) showing a Stop Work Order that was later fully rescinded.
There were also significant issues during construction work in 2019, with multiple violations related to sidewalk shed safety, including failure to provide proper design drawings and installation reports, though these violations were ultimately resolved. The building has demonstrated consistent compliance with bedbug reporting requirements since 2021, with all recent reports (most recently filed in February 2025) showing zero infested or eradicated units. Rodent inspections from 2011 through 2018 show a mix of passed inspections and instances of rat activity in 2011 and 2016, with subsequent inspections generally passing.
The property has maintained an active permit history from 2019 through 2023, with multiple work permits issued for various improvements. Recent tenant safety inspections in 2025 have generally shown compliance, though there was one instance of an inspector being unable to gain access during a Local Law 188/17 Compliance Inspection in February 2025. The building's violation history shows some complexity, with several active DOB violations as of March 2025, though previous violations from 2020 and 2021 were dismissed based on subsequent inspections showing corrected defects.
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Building Characteristics
Total units | 7 |
---|---|
Year built | 1872 |
Total area | 18450 sq ft |
Floors | 8 |
Tax Abatements | None |
Building Class | OLD LAW TENEMENT |

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