Office Building with Virtually Column-Free
For Lease
Contact for pricing
199 Water St, New York, NY 10038
Virtually column-free floor plates with sweeping harbor, Brooklyn Bridge, and downtown skyline views.
Space SizeContact for details
Property Size1,100,000 SF
Days on Market260
Property Features for 199 Water St
General Information
Standard status
Active
Size
1,100,000 SF
Class
Trophy
Elevators
Yes
Property subtype
OFFICE
Lease Type
SF/yr
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 Garage with direct lobby access
Direct Meter Electric
Messenger center
Sundry shop
US Mail drop
Emergency Back-up Power
Supplemental HVAC + Electric
Full-service café and sundry shop
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
Tenancy
Multi
Spaces For Lease
at 199 Water St Contact usOne Seaport Plaza $62/SF/Yr
Contact us
Listing Agency:
Cushman & Wakefield | Midtown Manhattan
(212) 841-5977
Listed By:
John Cefaly
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Jul 30
Last Checked: Aug 3 at 12:40PM
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.
One Seaport Plaza is an office tower built by Jack Resnick & Sons in 1984, featuring virtually column-free floors with an average floor plate of approximately 36,500 square feet. The building is a full-service workplace with a 24/7 attended lobby, destination dispatch elevators, emergency back-up power, and supplemental HVAC plus electric. On-site services include a messenger center, sundry shop, and U.S. Mail drop.
The property includes a fully renovated granite-clad atrium lobby with original Frank Stella artwork, direct meter electric, and a distributed antennae system that enhances cellular communication throughout the building. The building has been recognized with LEED EB:O&M Certified Certification (2012 and 2017) and EPA Energy Star certification, and it is WiredScore Platinum certified. Tenants also benefit from a tenant dedicated bicycle room with locker rooms and showers, along with a full-service parking garage with direct lobby access.
Located at 199 Water Street on the Fulton Street corridor, the building is positioned for access throughout 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.
The property includes a fully renovated granite-clad atrium lobby with original Frank Stella artwork, direct meter electric, and a distributed antennae system that enhances cellular communication throughout the building. The building has been recognized with LEED EB:O&M Certified Certification (2012 and 2017) and EPA Energy Star certification, and it is WiredScore Platinum certified. Tenants also benefit from a tenant dedicated bicycle room with locker rooms and showers, along with a full-service parking garage with direct lobby access.
Located at 199 Water Street on the Fulton Street corridor, the building is positioned for access throughout 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.
Key Highlights
- Built in 1984 by Jack Resnick & Sons; tower totals 1.1 million square feet
- Virtually column‑free floor plates average approximately 36,500 square feet
- 24/7 attended lobby and destination dispatch elevators
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$9.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
32,498
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
Market
Lease Benchmarks for New York, NY
$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size
This space is priced 3% below the average of $64.2 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Virtually column-free floor plates with sweeping harbor, Brooklyn Bridge, and downtown skyline views.
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 $62 SF/Yr.
What are key features of this property?
This property features: Built in 1984 by Jack Resnick & Sons; tower totals 1.1 million square feet; Virtually column‑free floor plates average approximately 36,500 square feet; 24/7 attended lobby and destination dispatch elevators
