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

Revitalized downtown location with modern infrastructure and customizable floor plates.

Space SizeContact for details
Days on Market151

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: Mar 25 Changed: Aug 13 Last Checked: Aug 22 at 6:22AM

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 commercial property, located in a revitalized downtown area, offers modernized building infrastructure. The building features a renovated plaza, a new and expanded lobby and building entrance. Customizable floor plates are available. The property includes a private roof deck and offers views. Situated in downtown Manhattan, the location is surrounded by new businesses, full-time residences, and after-hours options. Subways, ferries, PATH trains, and the downtown heliport are located nearby, providing access to transportation options. The property contains 104965 square feet of office space.

Key Highlights

  • Modernized building infrastructure.
  • Customizable floor plates.
  • Private roof deck with amazing light and views.

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 - Revitalized downtown location with modern infrastructure and customizable floor plates.
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.; Customizable floor plates.; Private roof deck with amazing light and views.
More about this property
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