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101 Maiden Lane

Financial District, New York, NY

About 101 Maiden Lane

Located in the heart of New York's Financial District, this commercial property has a prime situation within Lower Manhattan at 101 Maiden Lane. The building houses a mixture of rentable office space on the ground floor and rentable apartments above.

Daily traffic through the neighborhood in which this property is set is extremely high. The sidewalks are extra wide to accommodate the shear amount of foot traffic that pounds down Maiden Lane each day, though there is still ample room for sidewalk displays or outdoor dining area.

Sizable picture windows allow those inside 101 Maiden Lane to capture the hustle and bustle of the street outside. Glass doors allow for even more incoming natural light and easy access into the units. Above, the upper floor units also offer lots of sunlight and great views.

Above each of the commercial units on the building, there is ample room to display signage. The structure itself is fully illuminated by outdoor sconces, which allows businesses to enjoy round-the-clock advertisement. Street lamps add to the safety of the neighborhood.

Dark stone covers the base of the 101 Maiden Lane, while the upper portion of the building is clad in a lighter, yet complementary, stone. The windows are separated by thick frames, and there are inlaid details on the facade.

Internet Providers for 101 Maiden Lane

Provider Technology Max Download Speed Max Upload Speed
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s
MegaPath Copper Wireline
6 Mb/s
6 Mb/s

The Neighborhood: Financial District

The typical asking rate per listing is in the $60's per square foot per year. The Financial District submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the New York City market, the Financial District region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Financial District $65
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Financial District