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Modern Office Space with Views
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55 Water St, New York, NY

Recently built office space with natural light and easy access.

Space Size10,000 SF - 62,289 SF
Lot Size3.77 Acres
Days on Market876

Property Features for 55 Water St

General Information

Standard status Active
Size 10,000 SF - 62,289 SF
Lot size 3.77 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 55 Water St Contact us

55 Water St

Floor
20
Size
62,289 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- Recently built, plug-and-play space with expansive views and great natural light -...
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55 Water St Sublease $150/SF/Yr

Size
10,000 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Prime 2nd Generation Restaurant & Bar - Popular Dumbo Location With Outstanding Foot...
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Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Ian Lerner
Source: Moodyscre
Added: Apr 1, 2024 Changed: Aug 9 Last Checked: Aug 24 at 8:22AM

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.

This recently built, plug-and-play office space offers expansive views and abundant natural light. A white noise system is in place. The building features generator back-up, providing up to 3 Watts per USF. Transportation is readily accessible via the 1, 2, 3, 4, 5, J, Z, N & W Trains, as well as the Staten Island Ferry, all within walking distance. The location provides easy access to the FDR Drive and West Side Highway. The lobby has been recently renovated and includes new turnstiles, a tenant-only café (Café 55), a coffee bar, and a sundry shop. An on-site parking garage is available. The property offers 62289 square feet of space.

Key Highlights

  • Expansive views and great natural light fill this space.
  • Walking distance to numerous subway lines (1, 2, 3, 4, 5, J, Z, N & W) and Staten Island Ferry.
  • Recently renovated lobby with tenant‑only café (Café 55), coffee bar and sundry shop.

Property Analytics

Current Use

Hoey, King, Epstein, ... Law Firm Graphic Quality Web Marketing & Advertising Dune Studios (Bike/Boat/Book/etc) Store CreativeDrive Marketing & Advertising Dely-Lazard , Regine Law Firm

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pet Grooming Service Nursing Home Tattoo & Piercing Shop Adult Day Care

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
$22.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

23,448
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$48.25 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,679 SF
Avg Space Size

This space is priced 211% above the average of $48.25 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently built office space with natural light and easy access.
Where is this office units located?
The property is located at 55 Water St New York, NY.
What is the lease rate?
The lease rate is $150 SF/Yr.
What are key features of this property?
This property features: Expansive views and great natural light fill this space.; Walking distance to numerous subway lines (1, 2, 3, 4, 5, J, Z, N & W) and Staten Island Ferry.; Recently renovated lobby with tenant‑only café (Café 55), coffee bar and sundry shop.
(212) 841-5948 Call to check price and availability
More about this property
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