Retail

261 Water Street, New York, NY 10038

Price: $51,000/month
Size: 6,062 sq ft
Type: Retail / Commercial Storefront
Location: Seaport District – Downtown Manhattan / South Street Seaport Corridor

Location Description

Located in the heart of Downtown Manhattan’s Seaport District, 261 Water Street offers a rare large-format retail opportunity in one of New York City’s most historic and fast-evolving waterfront neighborhoods. Water Street sits just blocks from the South Street Seaport and the East River, benefiting from a strong mix of local residents, office workers, hotel guests, and destination visitors drawn to the area’s shopping, dining, and waterfront attractions.

This location positions a brand in a high-visibility corridor that connects the Financial District with the Seaport’s retail and entertainment core—an ideal setting for experiential retail, flagship concepts, wellness/fitness, and food-and-beverage operators seeking strong neighborhood density and steady daily activity.

Transportation

The property is surrounded by major subway lines and commuter access:

• Fulton Street Transit Center (2, 3, 4, 5, A, C, J, Z + PATH nearby)
• Wall Street (2, 3) and (4, 5)
• South Ferry / Whitehall (1, R, W) nearby
• Multiple bus routes through Downtown
• Quick access to the FDR Drive, Brooklyn Bridge, and Manhattan Bridge
• Close proximity to the NYC Ferry at Pier 11/Wall St (depending on exact pier access)

Neighborhood Highlights

The surrounding area features:

• South Street Seaport / Pier 17 destination shopping and events
• A dense concentration of Financial District offices and new residential towers
• Major hotels, tourism traffic, and waterfront promenade activity
• Growing luxury and lifestyle retail presence in the Seaport/Fidi corridor
• Close proximity to Stone Street, One World Trade, and major landmarks

Business Advantages

• Large 6,062 sq ft footprint—rare for Downtown retail
• Strong visibility in a high-traffic Seaport/Fidi corridor
• Excellent access to multiple subway lines and commuter flow
• Ideal for experiential retail, showroom, fitness/wellness, or high-volume concepts
• Benefits from both weekday office population and weekend visitor traffic

Summary

261 Water Street presents a standout opportunity to lease 6,062 sq ft of retail space for $51,000/month in Downtown Manhattan’s Seaport District. With excellent transit connectivity, steady local and visitor foot traffic, and a prime location between the Financial District and South Street Seaport, this space is well-suited for brands seeking visibility, scale, and a dynamic waterfront-driven customer base.