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Office Tower with Panoramic Harbor Views
For Lease
Contact for pricing

199 Water St, New York, NY 10038

1984-built office tower with a 24/7 attended lobby, destination dispatch elevators, and direct-access full-service garage.

Space Size11,650 SF
Property Size1,100,000 SF
Days on Market1281

Property Features for 199 Water St

General Information

Standard status Active
Size 11,650 SF
Class Trophy
Elevators Yes
Property subtype OFFICE

Site & Location

Public Transit Yes
Utilities to Site Yes

Amenities

24/7 attended lobby
Harbor, Brooklyn Bridge & Downtown Skyline Views
Tenant Dedicated Bicycle Room with Locker Rooms & Showers
full-service parking garage with direct lobby access
Direct Meter Electric
Messenger center
Sundry shop
US Mail drop
Emergency Back-up Power
Supplemental HVAC + Electric
South Street Seaport shopping and dining
Full-service café and sundry shop in building
Distributed antennae system
LEED EB: O&M-certified
WiredScore Platinum Certified
Fully renovated granite-clad atrium lobby with original paintings by Frank Stella

Building Details

Year Built 1984
Building Size 1,100,000 SF

Spaces For Lease

at 199 Water St Contact us

One Seaport Plaza

Floor
4
Size
11,650 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Built by Jack Resnick & Sons in 1984, the 1.1 million square foot tower was designed...
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Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Ethan Silverstein
Source: Moodyscre
Added: Feb 9, 2023 Changed: Aug 8 Last Checked: Aug 12 at 10:22AM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

Built by Jack Resnick & Sons in 1984, this office tower was designed by Swanke Hayden Connell Architects. The building features virtually column-free floors and panoramic views of New York Harbor, the Brooklyn Bridge, and the downtown skyline. It received LEED EB:O&M Certified Certification in 2012 and 2017, earned the EPA’s Energy Star certification, and is WiredScore Platinum certified.

Amenities and infrastructure include a 24/7 attended lobby with destination dispatch elevators. A full-service parking garage provides direct lobby access. Tenant-focused features include a dedicated bicycle room with locker rooms and showers, plus a messenger center, sundry shop, and US Mail drop. Building support includes emergency back-up power, supplemental HVAC + electric, and direct meter electric.

The property is located on the Fulton Street corridor at 199 Water Street near the Seaport District, with convenient access to New York City and the metropolitan region. It is described as within a three-minute walk of 12 subway lines, PATH trains, water taxis, ferries, and the downtown heliport, with nearby waterfront green spaces along the East River Esplanade.

Key Highlights

  • Built in 1984 by Jack Resnick & Sons with tower design by Swanke Hayden Connell Architects
  • Panoramic views of New York Harbor, the Brooklyn Bridge, and the downtown skyline
  • LEED EB:O&M Certified (2012 and 2017), EPA Energy Star, and WiredScore Platinum certifications

Property Analytics

Current Use

Nationwide Insurance: Aon ... Insurance Agency Small Joshua Insurance Agency The Legal Aid Society Law Firm Seneca Insurance Co Financial Advisor Motto® Marketing & Advertising

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Adult Day Care Locksmith

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

32,498
Businesses Nearby

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,095 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 - 1984-built office tower with a 24/7 attended lobby, destination dispatch elevators, and direct-access full-service garage.
Where is this office building located?
The property is located at 199 Water St New York, NY.
What are key features of this property?
This property features: Built in 1984 by Jack Resnick & Sons with tower design by Swanke Hayden Connell Architects; Panoramic views of New York Harbor, the Brooklyn Bridge, and the downtown skyline; LEED EB:O&M Certified (2012 and 2017), EPA Energy Star, and WiredScore Platinum certifications
(212) 698-2694 Call to check price and availability
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