The space boasts a commanding presence with substantial frontage and unparalleled street-level exposure along Water Street, capturing the attention of the area’s diverse mix of financial professionals, residents, tourists, and students who frequent this bustling corridor. Its immense, open floorplan across multiple levels provides virtually limitless flexibility for a wide array of large-format uses, from flagship department stores and wholesale clubs to sprawling fitness centers, medical facilities, entertainment complexes, or creative office campuses. The interior offers a soaring, industrial-chic environment with high ceilings, oversized windows, and an abundance of natural light, while the highly adaptable layout can accommodate multiple departments, private offices, conference facilities, storage areas, lounge zones, and specialized programming tailored to your specific operational needs. The raw, expansive canvas invites bold vision and creative design.
Key Features
- Asking Rent: $150,000 / month
- Available Space: 33,575 SF
- Property Type: Multi-Level Retail / Commercial Destination
- Lease Type: Direct Lease
- Building Class: Class B
- Ceiling Height: Approx. 14–18 FT (soaring, industrial-scaled ceilings)
- Layout: Massive, column-free open floorplan ideal for big-box retail, fitness, entertainment, medical, or educational uses
- Condition: Raw/base build; ready for significant tenant fit-out and visionary customization
- Frontage: Extensive street frontage with exceptional visibility and abundant natural light
- HVAC: High-capacity HVAC infrastructure; tenant-controlled systems available
- Access: Multiple street-level entry points; potential for dedicated freight/service access
- Signage: Monumental exterior and interior signage opportunities available
- Plumbing: Extensive heavy-duty plumbing, electrical, and gas capacity suitable for high-demand commercial operations
- Parking: Nearby parking garages and convenient loading zones
- Neighborhood Highlights: Located at the intersection of the Financial District and the Seaport District, surrounded by corporate headquarters, luxury residences, and world-class cultural attractions
Neighborhood Highlights
Located between Peck Slip and Beekman Street, 250 Water Street places you at the dynamic crossroads of the Financial District and the Seaport District, two of Manhattan’s most historic and rapidly transforming neighborhoods. This area, known as the birthplace of New York City, is steeped in centuries of history while simultaneously undergoing a remarkable renaissance, attracting major corporations, luxury residential developments, and a thriving hospitality and cultural scene.
The Seaport District has been revitalized as a premier destination for shopping, dining, and entertainment, anchored by the iconic Tin Building, Pier 17, and the historic cobblestone streets of Fulton Street. The Financial District is home to the New York Stock Exchange, the World Trade Center complex, and thousands of global businesses, ensuring a constant influx of professionals, tourists, and residents. Nearby landmarks include the Brooklyn Bridge, the Oculus, the 9/11 Memorial & Museum, and Battery Park, all contributing to the area’s status as a global destination. The neighborhood’s dense residential population—comprising professionals, families, and students—combined with millions of annual tourists and commuters, creates an unparalleled customer base.
Transportation is exceptionally well-served, with the A/C, J/Z, 2/3, 4/5, and R/W subway lines all within walking distance, as well as the Staten Island Ferry and multiple bus routes providing seamless connectivity across Manhattan, Brooklyn, and beyond. The nearby FDR Drive offers convenient vehicular access to all parts of the city.
Summary
The 33,575 SF retail and commercial space at 250 Water Street, New York, NY 10038, is available for $150,000 per month under a direct lease. With its colossal square footage, historic Financial District-Seaport location, commanding street-level presence, soaring ceilings, and unparalleled access to one of Manhattan’s densest and most diverse customer bases, this property represents an extraordinary and truly rare opportunity for big-box retailers, entertainment operators, fitness brands, healthcare providers, educational institutions, or creative commercial tenants seeking a landmark-scale flagship destination in the heart of downtown New York City.
