The boat got stuck off a pier close to South Street Seaport, lower Manhattan.
The U.S. Coast Guard said the ferry had been heading to Rockaways area of Queens when it ran aground and took on some water. Fire rescue and police units responded to the scene.
The vessel is one of the older owned by NYC Ferry operator Hornblower.
There are no reports of injuries. The cause of the accident remains under investigation.
For reports on cruise ship accidents see at CruiseMinus.com