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    257 Water St New York, NY 10038

    For Lease
    Contact for pricing

    Fully-vented restaurant space with outdoor seating in excellent condition.

    Property size:
    1,500 SF
    Lot size:
    0.14 Acres

    Property Features for 257 Water St

    General Information

    Size
    1,500 SF
    Lot size
    0.14 Acres

    Source: Platinum Properties Agent Steven Evans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Restaurant Space Available

    This property is a fully-vented restaurant space with outdoor seating, situated on a prime corner location with over 60 feet of frontage. Located at 257 Water Street, the 1500 square foot space is in excellent condition, boasting great visibility and heavy foot traffic. The property is easily accessible by the A, C, J, Z, 2, 4 and 5 trains from Fulton Street/Broadway/Nassau and the J, Z, 4, 5 and 6 trains from the Brooklyn Bridge stop. Nearby establishments include Mister C Hotel, Bellini, Suteishi, Coco Bistro, Carne Mare, The Fulton, The Greens, and Malibu Farm. A 53,000 square foot Jean Georges Market is coming soon.
    Location Intelligence

    Current Use by Public Records

    Water Street Securities Investment Bank

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Catering NYC, Luke's Lobster Brooklyn Bridge Park, Lexeme Corporation, Cc.CATERING House, Masterpiece Caterers

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.00178
    Latitude
    40.708264

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    FAQs

    What type of property is this?
    Restaurant - Fully-vented restaurant space with outdoor seating in excellent condition.
    Where is this restaurant located?
    The property is located at 257 Water St New York, NY.
    What are key features of this property?
    This property features: - Prime corner location with over 60 feet of frontage.; - Fully-vented restaurant space with outdoor seating.; - Excellent condition with great visibility and heavy foot traffic.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    257 Water St New York, NY 10038
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