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Ground-Up Apartment Building with Retail
For Lease
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250 Water St, New York, NY 11201

Ground-up luxury rental tower with retail anchored by Chelsea Piers Fitness in Manhattan’s Seaport.

Space Size5,100 SF
Days on Market96

Property Features for 250 Water St

General Information

Standard status Active
Size 5,100 SF
Property subtype RETAIL

Site & Location

Neighborhood South Street Seaport

Additional Details

Space Use Retail

Building Details

Stories 28

Spaces For Lease

at 250 Water St
250 Water St AVAILABLE, Now
Floor 1
Size 5,100 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 250 Water Street is a 28 story, ground-up luxury rental tower featuring over 600 residential units, and approximately 35,000 square feet of retail. The retail will be anchored by a five floor, 75,000 SF Chelsea Piers Fitness. Located in The Seaport of Downtown Manhattan, the property is being developed by Tavros Holdings Tavros Holdings in partnership with Atlas Capital Group.
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Listing Agency: Atlantic Retail | New York City
Listed By: Evan Clements
Source: Moodyscre
Added: Jul 27 Changed: Oct 26 Last Checked: Oct 30 at 3:58PM

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 Atlantic Retail | New York City

Rey
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Investment Insights

Based on property information with market context.

250 Water St is a ground-up luxury rental tower designed as a long-term residential community with over 600 residential units. The development includes approximately 35,000 square feet of retail space integrated with the building.

The retail is anchored by a five-floor, 75,000 SF Chelsea Piers Fitness facility. The property is located in The Seaport of Downtown Manhattan, positioned for walkable access to the surrounding Seaport area.

Designed as a mixed residential and retail environment, the project combines multi-unit living with a major fitness tenant intended to draw consistent daily traffic to the ground-level retail component.

Key Highlights

  • Ground‑up luxury rental tower with over 600 residential units
  • Approximately 35,000 SF of retail integrated into the building
  • Retail anchored by Chelsea Piers Fitness

Property Analytics

Current Use

Fitness centers & gyms

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

Location Intelligence

Trade Area within ½ mile

32,498
Businesses Nearby

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Ground-up luxury rental tower with retail anchored by Chelsea Piers Fitness in Manhattan’s Seaport.
Where is this apartment building located?
The property is located at 250 Water St New York, NY.
What are key features of this property?
This property features: Ground‑up luxury rental tower with over 600 residential units; Approximately 35,000 SF of retail integrated into the building; Retail anchored by Chelsea Piers Fitness
(212) 687-2431 · Office Call to check price and availability
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