175 Water Street

Off Market

175 Water Street, New York, NY 10038

  • Office
  • General Office
  • 462,333 Sqft

175 Water Street, New York, NY 10038 - Office Space

175 Water Street is located at 175 Water Street in the Financial District neighborhood, NY, New York, 10038. The Class A Office building was completed in 1983 and features a total of 462,333 Sqft.

There are 750 office spaces for lease in the Financial District neighborhood, totaling 11,876,906 Sqft of available office space. The office space availability for the 10038 zip code is 1,564,460 Sqft, in 148 office spaces. The average asking office rent per sq. ft. in Financial District is $54.02/sqft/year. For Class A+ office buildings the average office rate is $70/sqft/year, for Class A office buildings the average office rate is $64.5/sqft/year, for Class B office buildings the average office rate is $50.15/sqft/year, for Class C office buildings the average office rate is $55/sqft/year.

In Financial District, there are 58 class A office buildings. In Financial District, there are a total of 15 LEED certified office buildings. In 1983, the same year 175 Water Street was built, 286 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 8,267,576 square feet of commercial space. At zip code level, there are 33 commercial properties, of which 30 are office buildings over 50,000 square feet.

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Details

  • City New York
  • Neighborhood Financial District
  • Zip Code 10038
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 462,333 Sqft
  • Lot Size 0.55 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1983
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 175 Water Street?

175 Water Street totals 462,333 square feet.

When was this property built?

175 Water Street was built in 1983.

Financial District Demographics

The average household income in zip code 10038 is $138,542, from a total of 10,210 households. In terms of employment, there are 95.18 % white-collar and 4.82 % blue-collar jobs in zip code 10038.

Population

  • Total Population27,892
  • Male Population(46.9 %) 13,075
  • Female Population(53.1 %) 14,818
  • Median Age36.00

Income/Financial

  • Average Household Income$193,584
  • Median Household Income$171,588
  • Median Income Under 25$87,674
  • Median Income 25-44$174,266
  • Median Income 45-64$193,848
  • Median Income Over 65$103,060