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Iconic Manhattan Office Space Available
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1 State Street, New York, NY 10004

Modernized office building in revitalized Downtown Manhattan, customizable floorplates.

Space SizeContact for details
Days on Market273

Property Features for 1 State Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Bruce Surry
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This office building features modernized infrastructure, a renovated plaza, and a new and expanded lobby and building entrance. The property offers customizable floor plates, a private roof deck, and views. Located in a revitalized Downtown area, One State Street is surrounded by new businesses, full-time residences, and after-hours options. Subways, ferries, PATH trains, and the downtown heliport are steps away, offering access to this neighborhood. The property contains 104965 square feet of office space and is located at 1 State Street, New York, NY, 10004.

Key Highlights

  • Modernized building infrastructure and renovated plaza.
  • Customizable floor plates to suit tenant needs.
  • Unprecedented access to transportation (subways, ferries, PATH, heliport).

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Butcher Adult Day Care Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

23,343
Businesses Nearby

Demographics for 10004, NY

4,287
Population
2,146
Households
2
Avg Household Size
35
Median Age
91%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
8,574
Density / Sq Mi
$220,592
Median Household Income
$136,348
Median Earnings
$3,501
Median Rent
$1,866,400
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Modernized office building in revitalized Downtown Manhattan, customizable floorplates.
Where is this office building located?
The property is located at 1 State Street New York, NY.
What are key features of this property?
This property features: Modernized building infrastructure and renovated plaza.; Customizable floor plates to suit tenant needs.; Unprecedented access to transportation (subways, ferries, PATH, heliport).
More about this property
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