It's not quite science fiction, though. The descriptions of New York aren't dark or dreary, like one would expect from a short story that usually firmly placed in the horror/weird fiction category. There's these hints that something is not quite right, though. like the presence of these "Government Lethal Chambers" in Washington Square Park where, I guess one could kill them selves publicly. It's hinted at, but not really addressed further. it's these little details that color the story and make it uncomfortable. It seems tht United States that has embraced authoritarianism, and society social structure is heavily enforced by a militarized government.
EDIT: Written in 1895 not 1985!