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277 Water St

Financial District, New York, NY
Floors
5
Total Size
8,032 sqft
Lot Size
0 acres
Year Constructed
1920
Year Renovated
2009
Number of Buildings
1

About 277 Water St

Situated in the heart of the Howard Hughes' South Street Seaport development project and near the new Fulton Transit Center that will serve as Lower Manhattan's major public transportation hub, the gorgeous restaurant business available at 277 Water Street in New York is ideal for hospitality providers and companies looking to rent office space together with a fabulous retail outlet.

Practically sitting at the base of Brooklyn Bridge, the retail outlet at 277 Water Street is located between Peck Slip and Dover Street in New York's lively Financial District.

The former SamSara Cafe at 277 Water Street offers commuting employees easy access to New York's subway lines A, C, J, Z, 2, 3, 4, 5, 6 and 6X, all accessible within a 30 minute walk. The restaurant space boasts light brown flag stone floors, high exposed ceilings with wood beams and a bar running virtually the entire length of the premises.

Local amenities include Jeremy's Ale House, Paris Cafe, Meade's, Mark Joseph Steakhouse, Cowgirl Seahorse, Barbarini Mercator and The Salty Paw, New Amsterdam Market, J. Crew and Provisions.

The red brick building at 277 Water Street in New York features a welcoming facade with buff colored lintels and windowsills.

Internet Providers for 277 Water St

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 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
4,950
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Financial District