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116 John St.

Financial District, New York, NY
Floors
35
Total Size
338,463 sqft
Lot Size
0 acres
Year Constructed
1931
Year Renovated
0
Number of Buildings
1

About 116 John St.

Built in 1931, the 35-story tower at 116 John Street in New York is perfect for retailers but may also suit companies keen to rent office space in the Financial District.

Located on the corner of John and Pearl Streets, just minutes from East River and situated within close proximity to New York's public transit, 116 John Street offers tenants easy access to FDR Drive and Brooklyn Bridge.

Currently being converted into a residential rental building with 402 new apartments, 116 John Street in New York will boast a wealth of amenities, including a 24-hour doorman, concierge, valet, gym, bike and package room, community recreation facilities and outdoor space. The tower will eventually house an affluent clientele of residents, adding to the already high foot traffic in the immediate neighborhood.

Nearby subway stops include Fulton Street, Wall and Broad Streets, all within a 20 minute walk or less. With 90' of wrap-around frontage the retail space at the base of this new residential development should attract plenty of interest from passers-by.

116 John Street in New York's Financial District boasts an elegant pale gray Art Deco facade typical of 1930s commercial office buildings.

Internet Providers for 116 John St.

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 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 region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease 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 discounted region.

Median Rate Median Size
Financial District $65
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,310
sqft

Median Rate over Time in Financial District