Class A Office Tower with Harbor
199 Water St, New York, NY 10038
For Lease
Contact for pricing
For lease at 199 Water Street, this 1984-built tower offers column-free floor plates and 24/7 attended lobby service.
Space Size35,810 SF
Days on Market508
Property Features for 199 Water St
General Information
Standard status
Size
Class
Property subtype
Lease Type
Site & Location
Neighborhood
Amenities
24/7 attended lobby
destination dispatch elevators
bicycle room with locker rooms and showers
full-service parking garage
direct meter electric
messenger center
sundry shop
US mail drop
emergency back-up power
supplemental HVAC and electric
full-service café
distributed antenna system
LEED EB: O&M certified
WiredScore Platinum Certified
granite-clad atrium lobby with original paintings
South Street Seaport shopping and dining
Building Details
Year Built
Tenancy
Spaces For Lease
at 199 Water St
One Seaport Plaza
$60/SF/Yr
Floor
16
Size
35,810 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, 30 Days
Sublease
No
- A 35-story structure with approximately 933,310 rentable square feet, built in 1984.
Contact us
Listing Agency:
Cushman & Wakefield | Midtown Manhattan
(212) 841-7500
Listed By:
John Cefaly
(212) 841-5977
Source:
Moodyscre
Added: Jun 20, 2025
Changed: Nov 1
Last Checked: Nov 8 at 7:53AM
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
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Investment Insights
Based on property information with market context.
Built in 1984 by Jack Resnick & Sons, this office tower spans a large, efficiently configured footprint and features virtually column-free floors averaging about 36,000 square feet, supporting expansive, flexible layouts. The building has a fully renovated, granite-clad atrium lobby and includes a 24/7 attended lobby with destination dispatch elevators. Tenant amenities include a dedicated bicycle room with locker rooms and showers, as well as a full-service parking garage with direct lobby access. Additional services and building systems include messenger center, sundry shop, US mail drop, emergency back-up power, supplemental HVAC and electric, and a distributed antennae system to enhance cellular communication.
The property is located at the gateway to the Seaport District on the Fulton Street corridor at 199 Water Street. It offers harbor, Brooklyn Bridge, and downtown skyline views, and is described as being within a three-minute walk of 12 subway lines, PATH trains, water taxis, ferries, and the downtown heliport. Bicycle room and waterfront green spaces along the East River Esplanade are also noted.
The building is LEED EB:O&M certified and has earned the EPA’s Energy Star certification, with WiredScore Platinum certification reported for the property.
The property is located at the gateway to the Seaport District on the Fulton Street corridor at 199 Water Street. It offers harbor, Brooklyn Bridge, and downtown skyline views, and is described as being within a three-minute walk of 12 subway lines, PATH trains, water taxis, ferries, and the downtown heliport. Bicycle room and waterfront green spaces along the East River Esplanade are also noted.
The building is LEED EB:O&M certified and has earned the EPA’s Energy Star certification, with WiredScore Platinum certification reported for the property.
Key Highlights
- 1984‑built office tower at 199 Water Street with approximately 36,500 SF virtually column‑free floor plates
- LEED EB:O&M Certified and Energy Star certified, plus WiredScore Platinum certification (U.S. Green Building Council and WiredScore)
- 24/7 attended lobby and destination dispatch elevators
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
33,222
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
40,300 SF
Avg Space Size
This space is priced 6% below the average of $63.91 /SF/Yr.
Properties on Market for Office buildings in New York
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - For lease at 199 Water Street, this 1984-built tower offers column-free floor plates and 24/7 attended lobby service.
Where is this office building located?
The property is located at 199 Water St New York, NY.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: 1984‑built office tower at 199 Water Street with approximately 36,500 SF virtually column‑free floor plates; LEED EB:O&M Certified and Energy Star certified, plus WiredScore Platinum certification (U.S. Green Building Council and WiredScore); 24/7 attended lobby and destination dispatch elevators
