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Street-Front Retail Space
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199 Water St, New York, NY 10038

Prominent multi-street frontage retail space offering access along Fulton, Water, and Front streets.

Space Size5,413 SF
Days on Market180

Property Features for 199 Water St

General Information

Standard status Active
Size 5,413 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Neighborhood South Street Seaport

Spaces For Lease

at 199 Water St
One Seaport Plaza $50 – $65/SF/Yr
Floor 8
Size 5,413 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
- A 35-story structure with approximately 933,310 rentable square feet, built in 1984.
Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: John Cefaly
Source: Moodyscre
Added: Apr 30 Changed: Oct 26 Last Checked: Oct 26 at 7:38PM

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

Rey
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Investment Insights

Based on property information with market context.

This street-front retail space is located within The Seaport and offers substantial frontage for retail visibility and customer access. The property is described as having cobblestone streets and views of the East River.

Frontage totals 135 feet on Fulton Street, 85 feet on Water Street, and 113 feet on Front Street, creating multiple points of presentation to passing foot traffic.

The space was formerly occupied by Abercrombie & Fitch and Superdry, providing leasing history for national apparel-style retail use. The offering is for rent.

Key Highlights

  • Prominent retail space with multi‑street frontage along Fulton, Water, and Front streets
  • 135' frontage on Fulton Street
  • 85' frontage on Water Street

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open 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 Parking Lot & Garage Plumbing Service

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
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

33,222
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 66% Hotels & Casinos 34%
Playa Bowls Dining
5,312 visits/mo 0.1 miles
33 Seaport Hotel New York Hotels & Casinos
2,769 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$44.25 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
2,955 SF
Avg Space Size

This space is priced 13% above the average of $44.25 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

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Frequently Asked Questions

What type of property is this?
Storefront property - Prominent multi-street frontage retail space offering access along Fulton, Water, and Front streets.
Where is this storefront property located?
The property is located at 199 Water St New York, NY.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Prominent retail space with multi‑street frontage along Fulton, Water, and Front streets; 135' frontage on Fulton Street; 85' frontage on Water Street
(212) 841-5977 Call to check price and availability
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