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55 Water Street

Financial District

New York, NY 10041

  • 1,993 - 68,793 sqft
  • ~$53/sqft

Building Details

  • Owner/Leasing ManagerCBRE
  • Floors53
  • Height687 feet
  • ArchitectEmery Roth & Sons; Harman Jablin Architects
  • Walk Score®98
  • Year Built1972
  • Noise Index0.32

55 Water Street, New York, NY 10004 is located on the corner of Water Street and Hanover Square. Completed in 1972, the building stands at 53 floors tall and features over 3,500,000 square feet in office space for rent, making it one of the largest structures in the world. Although an older building, 55 Water Street has undergone various capital improvement plans over the course of its life. The building stands in close proximity to the yellow and red MTA subway line as well as the Staten Island ferry. Hundreds of different restaurants also pepper the surrounding neighborhood. The edifice’s proximity to the other office buildings that surround the neighborhood make this space ideal for an organization needing closeness to partner firms or clients. As a result, such excellent placement adds a significant amount of value for the building’s tenants. When the building was first completed in 1972 it was the largest office building in the world. It currently stands as the largest open office building in New York City, but will soon be overtaken when the new World Trade Center opens later on in 2014.

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  • Availability

    UnitSizePriceInquire
    1st Floor - Suite1,993 sqft$8,802 /mo est
    1st Floor - Suite9,507 sqft$41,989 /mo est
    1st Floor - Suite11,892 sqft$52,523 /mo est
    Office Space21,604 sqft$95,417 /mo est
    Partial 31st Floor33,777 sqft$149,181 /mo est
    31st Floor - Suite34,196 sqft$151,032 /mo est
    Partial 28th Floor35,020 sqft$154,671 /mo est
    Entire 28th Floor36,018 sqft$159,079 /mo est
    Entire 28th Floor38,018 sqft$167,912 /mo est
    1st Floor - Suite44,863 sqft$198,144 /mo est
    3rd Floor - Suite52,455 sqft$231,676 /mo est
    Entire 29th Floor60,388 sqft$266,713 /mo est
    Office Space60,818 sqft$268,612 /mo est
    Office Space63,588 sqft$280,847 /mo est
    18th Floor - Suite64,522 sqft$284,972 /mo est
    Entire 31st Floor65,388 sqft$288,797 /mo est
    Entire 27th Floor66,319 sqft$292,908 /mo est
    Entire 29th Floor66,612 sqft$294,203 /mo est
    Entire 30th Floor66,619 sqft$294,233 /mo est
    1st Floor - Suite68,705 sqft$303,447 /mo est
    48th Floor - Suite68,793 sqft$303,835 /mo est
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    Neighborhood

    Financial District

    Home to many of Manhattan’s major financial institutions, the aptly named Financial District is located towards the southern end of the island. Two of Manhattan’s major streets, Wall Street and Broad Street, can be found in the area. Some must-see places for businesses include the New York Stock Exchange and the Federal Reserve Bank. The South Street Seaport outdoor mall has a number of shops for employees to explore.  Furthermore, Stone Street, a pedestrian-only, cobblestone street is home to numerous restaurant and bar options.  When the weather permits, take advantage of the outdoor seating areas for optimal people-watching.  

    Attractions in the area include The New York City Police Museum and the Museum of American Finance. Additionally, during times of celebration, the city comes alive for the ticker-tape parade whose route is known as the Canyon of Heroes.

    For workers who put in long hours at the office and want to live nearby, the Financial District may be the perfect option for you. In terms of average rent for office space, you will be hard-pressed to beat the Financial District’s $53/sqft.  It’s no wonder companies from a number of industries have joined the likes of Goldman Sachs, Deutsche Bank, and American Express as office neighbors in the Financial District.

    Nearby Districts Include: Tribeca, and Chinatown. 

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