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16 Beaver Street

Financial District

New York, NY 10004

  • 2,500 sqft
  • inquire for pricing

Building Details

  • Year Built1920
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  • Availability

    UnitSizePriceInquire
    Office Space2,500 sqftInquire for pricing
    • 0.04 mi☕️Starbucks Coffee
    • 0.05 mi☕️Au Bon Pain
    • 0.05 mi☕️Latte Art
    • 0.05 mi🥘Nebraska Steakhouse
    • 0.06 mi☕️Pret-a-Manger
    • 0.07 mi☕️Starbucks
    • 0.07 mi☕️Potbelly
    • 0.08 mi☕️Così
    • 0.09 mi🥘Luke's Lobster
    • 0.09 mi🥘Hale & Hearty Soup
    • 0.09 mi🚇RWWhitehall Street - South Ferry
    • 0.09 mi☕️Crumbs
    • 0.09 mi🚇45Bowling Green
    • 0.1 mi☕️Bluestone Lane Coffee
    • 0.1 mi🍺The Dubliner
    • 0.11 mi🥘Crepes Du Nord
    • 0.11 mi🥘Bavaria Bierhaus
    • 0.11 mi🍺Fraunces Tavern
    • 0.11 mi🥘Terrace Fish & Chips
    • 0.11 mi🥘Route 66 Smokehouse
    • 0.12 mi🥘Smorgas Chef
    • 0.12 mi🥘Golden Chopsticks
    • 0.12 mi🌲Stone Street Historic District
    • 0.12 mi🥘The Growler
    • 0.12 mi🥘TGI Friday's
    • 0.12 mi🥘Justino's Pizzaria
    • 0.12 mi🍺Delmonico's Bar & Grill
    • 0.12 mi🥘Bombay Cuisine
    • 0.12 mi🥘Bobby Van's
    • 0.12 mi🥘Vintry
    • 0.12 mi🥘Shorty's
    • 0.12 mi☕️FIKA Pearl Street
    • 0.12 mi🌲Fraunces Tavern Block Historic District
    • 0.13 mi🥘Zigolini's
    • 0.13 mi🥘Nu Sushi
    • 0.13 mi🥘Insomnia Cookies
    • 0.13 mi🥘Open Kitchen
    • 0.13 mi🥘The Exchange
    • 0.13 mi🥘Au Bon Pain
    • 0.13 mi🥘Guacstar
    • 0.13 mi🍺The Irish Punt
    • 0.14 mi☕️Starbucks Coffee
    • 0.14 mi🚇JZBroad Street
    • 0.14 mi🥘Blimpie
    • 0.14 mi🥘Zigolini's Gourmet Deli
    • 0.14 mi☕️Hanover Gourmet Deli
    • 0.14 mi🥘Harry's Cafe
    • 0.14 mi🥘Underground Pizza
    • 0.15 mi🥘Cucina Bene Pizza
    • 0.15 mi🥘Taste of Tokyo
    • 0.15 mi🥘Joseph's Ristorante
    • 0.15 mi☕️Leonidas
    • 0.17 mi☕️Bean And Bean
    • 0.18 mi🥘Variety Cafe
    • 0.18 mi☕️Starbucks
    • 0.18 mi☕️Hanover Cafe
    • 0.19 mi🥘The Original Soupman
    • 0.19 mi🥘Cipriani
    • 0.19 mi🚇RWRector Street
    • 0.19 mi🚇1Rector Street
    • 0.19 mi🥘Lenwich
    • 0.19 mi☕️Cafe Bravo
    • 0.2 mi💪Equinox Wall Street
    • 0.2 mi💪New York Sports Club
    • 0.2 mi🍺Killarney Rose
    • 0.2 mi🥘Mercantile Grill
    • 0.21 mi🚇1South Ferry
    • 0.22 mi🚇23Wall Street
    • 0.22 mi🚇45Wall Street
    • 0.22 mi🥘Haru Sushi
    • 0.22 mi🥘Fino Ristorante Italiano
    • 0.23 mi🌲Elevated Acre
    • 0.23 mi🍺Bailey Pub & Brasserie
    • 0.23 mi🥘Dina Rata
    • 0.24 mi🥘The Capital Grille
    • 0.25 mi🚇1Old South Ferry
    • 0.25 mi☕️Taz Cafe
    • 0.25 mi☕️Bakery Cafe
    • 0.25 mi🥘Inatesso
    • 0.26 mi🥘Nikoniko Sushi Bowl
    • 0.26 mi🍺Clinton Hall
    • 0.26 mi🥘Pier A Harbor House
    • 0.26 mi🥘Battery Gardens
    • 0.26 mi☕️Black Fox coffee co.
    • 0.26 mi🥘St. George Tavern
    • 0.28 mi☕️Starbucks
    • 0.28 mi☕️Starbucks
    • 0.3 mi🍺Trinity Place Bar and Restaurant
    • 0.3 mi🥘Roti
    • 0.31 mi🥘Gigino at Wagner Park
    • 0.31 mi🥘Ramen Co.
    • 0.31 mi🥘BLT Bar & Grill
    • 0.31 mi🥘Terri
    • 0.32 mi☕️Starbucks
    • 0.32 mi🥘Hale and Hearty Soups
    • 0.33 mi🍺Jim Brady's
    • 0.33 mi☕️Starbucks
    • 0.33 mi🍺O'Hara's Pub
    • 0.33 mi☕️Potbelly
    • 0.33 mi🥘Giardino D'oro
    • 0.33 mi🥘Tr3s Carnes
    • 0.33 mi🥘Bills
    • 0.33 mi🥘Clarke's Standard
    • 0.33 mi☕️Au Bon Pain
    • 0.34 mi🥘Diwanekhaas
    • 0.35 mi☕️coffee shop
    • 0.35 mi☕️Jou Jou Cafe
    • 0.35 mi☕️Federal Cafe
    • 0.35 mi🥘Morton's Steakhouse
    • 0.35 mi🥘22 Thai Cuisine
    • 0.35 mi☕️Tous Crêpes
    • 0.35 mi🥘Harry's Italian
    • 0.35 mi🥘Oka Sushi
    • 0.37 mi🥘Ningbo Cafe
    • 0.38 mi🥘Bento Sushi
    • 0.39 mi☕️Coffee Bean & Tea Leaf
    • 0.39 mi🍺Stout NYC - FiDi
    • 0.39 mi🥘Arou Dee Thai Kitchen
    • 0.4 mi☕️d'Elici
    • 0.41 mi🥘Sabor de Mexico
    • 0.41 mi🥘The Diner
    • 0.41 mi☕️Flavors
    • 0.41 mi🥘Les Halles
    • 0.42 mi🥘Mooncake Foods
    • 0.42 mi🚇RWCortlandt Street
    • 0.42 mi🥘Kortako
    • 0.43 mi☕️Starbucks
    • 0.43 mi🥘Roast Kitchen
    • 0.44 mi🚇1Cortlandt Street
    • 0.44 mi🥘Trading Post
    • 0.44 mi🚇45Fulton Street
    • 0.44 mi☕️Starbucks
    • 0.44 mi☕️Financier Patisserie
    • 0.44 mi🥘El Luchador
    • 0.45 mi🚇ACJZFulton Street-Broadway Nassau
    • 0.45 mi🍺Ryan Maguire’s
    • 0.45 mi☕️Rtisan Coffee Project
    • 0.45 mi🚇23Fulton Street
    • 0.46 mi🥘GRK Fresh Greek
    • 0.46 mi🥘Melt Shop
    • 0.46 mi🥘Chipotle

    Neighborhood

    Financial District

    The Financial District, nicknamed FiDi, is widely considered the leading financial center of the world. It houses many of New York City’s financial institutions–banks, insurance companies and other large corporations–such as the New York Stock Exchange and the Federal Reserve Bank of New York.

    Giants such as Goldman Sachs, Deutsche Bank and American Express already work out of the Financial District, as do many startups and mature mid-size firms. Given the available inventory and low asking rents, the Financial District has appeal to a range of businesses outside the financial services world.

    Financial District Office Space | Lease Data & Trends

    FiDi has some of the most affordable office space in Lower Manhattan. On average, Financial District office rent comes out to $53 per square foot and $57 for office space in a Class A building. These are significantly cheaper than average asking rents in popular neighborhoods such as Flatiron District, Plaza District, Hudson Square, Chelsea, and SoHo. With a vacancy rate of 12.3%, above the city average of 10%, there’s plenty of available spaces to choose from.

    What Our Brokers Say

    Offices in the Financial District, Water Street Corridor, and World Trade Center enjoy a range of convenient public transit options. Commuters can take the 1, 2, 3, 4, 5, 6, A, C, E, R, W, J, and Z trains, the Staten Island Ferry, East River Ferry, or the PATH Train.

    More than 25 percent of working individuals in the Financial District work in finance or insurance. During the day, FiDi comes to life with thousands of young professionals climbing the corporate ladder and tourists seeing the sights; at night, it tends to become calm and quiet compared to other areas of the city. More than 48,000 people live in the Financial District, and the average household income is $191,807. Almost half of residents hold a college degree, and more than 30 percent have a graduate degree as well.

    The neighborhood is perhaps best known for Wall Street, where workers earn 21.9 percent of wages of all of New York City. Geographically, Wall Street is an eight-block-long street located between Broadway and South Street. People tend to use the term “Wall Street” to discuss the United States’ financial markets and industries overall. You can find companies such as Morgan Stanley, Citigroup and JPMorgan Chase, among other big names crunching numbers on Wall Street. Many startups are leaving Midtown to take advantage of the cheaper rents, including VC-backed x.ai, Olo, Namely, and LifeBEAM.

    Popular buildings for Financial District office space include 11 Broadway, 80 Maiden Lane, The Western Electric Building at 222 Broadway, and The Home Insurance Plaza at 59 Maiden Lane. Our brokers have also helped tenants find offices in 85 Broad Street, 80 Pine Street, and The Insurance Building at 111 John Street.

    Get to Know the Neighborhood

    The Financial District is one of Manhattan’s oldest neighborhoods. If you want a break from the stresses of work, check out the South Street Seaport, a historic district with shopping, gorgeous views of the Brooklyn Bridge, New York City’s first luxury movie theater and plenty of places to eat. Looking for a place to meet up with a client? Popular business lunch destinations in the Financial District are the Blue Ribbon Federal Grill, Broadstone Bar & Kitchen, and Trinity Place. For more recommendations of things to see, do, eat, and drink in the area, check out our Best of FiDi local guide and our team’s favorite Financial District coffee shops.

    The Statue of Liberty, a famous tourist destination on Ellis Island, overlooks the Financial District. View it across the channel from Manhattan or take a Statue Cruise across the channel to see one of the country’s most popular landmarks up close. France gave the USA the 152-foot high iconic landmark in 1886.

     

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