Map of Property

28 Water St

For Sale

28 Water St, New York, NY 10004

This New York property for sale is located at 28 Water St. The current listed sale price for 28 Water St is $3,800,000. 28 Water St is situated on a lot that is 0.02 acre in size.

Contacts

broker
Howard Raber

Ariel Property Advisors

broker
Daniel Mahfar

Ariel Property Advisors

broker
Evan Hirsch

Ariel Property Advisors

broker
Michael A. Tortorici

Ariel Property Advisors

broker
Matthew L. Gillis

Ariel Property Advisors

Property Details

  • Property Type Mixed Use - Office / Retail
  • Property Size 4,104 SF
  • Lot Size 0.02 Acre
  • Additional Rent Contact for pricing
  • Year Built 1920
  • Date Updated Feb 4, 2022

Ariel Property Advisors has been retained on an exclusive basis to sell 28 Water Street, a mixed-use commercial building on the north side of Water Street between Broad Street and Coenties Slip located in the Financial District of Manhattan.

28 Water Street is a 4-story, plus mezzanine, 4,100 square foot, walk-up building consisting of one ground floor retail unit and 3 upstairs commercial units. The fully occupied building is anchored by a Subway restaurant, secured with a long-term market rate lease.

The retail component of 28 Water Street benefits from a large volume of foot traffic generated by tourists, locals and professionals. The property is situated directly next door to the historic Fraunces Tavern, a location that played a prominent role in American history before, during, and after the American Revolution. Today, the building is listed in the U.S. National Register of Historic Places, with a claim to be Manhattan’s oldest surviving tavern and serves as a museum and restaurant. In addition, 28 Water Street is located across the street from New York Plaza, a 19-story, 97-unit residential building and 2 New York Plaza, a 40-story office building. Surrounding attractions include the South Ferry Station, Battery Park and Wall Street.

28 Water Street is easily accessible via mass transportation with the 2, 3, 4, 5, J and Z subway trains all located within walking distance. In addition to access via the South Ferry, commuters can utilize the FDR Drive for access around Manhattan, as well as the outer boroughs.

Featuring a highly-visible location and in-place revenue, 28 Water Street provides prospective investors with the opportunity to acquire an income-producing building in one of New York City’s most desirable neighborhoods.

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Location

  • City New York, NY
  • Neighborhood Financial District
  • Zip Code 10004
  • Market Manhattan

Points of Interest

  • Broad Street

    0.22 miles

  • Fulton Street

    0.50 miles

  • World Trade Center

    0.61 miles

  • Greenwich St & Vesey St

    0.64 miles

  • Nassau Street & Frankfort Street at Southeast Corner

    0.67 miles

  • East Broadway (F)

    1.28 miles

  • York Street

    1.28 miles

  • Borough Hall

    1.32 miles

  • Jay Street–MetroTech

    1.46 miles

  • Spring Street

    1.51 miles

  • ChargePoint

    0.76 miles

  • Blink

    0.93 miles

  • Tesla Supercharger

    1.39 miles

  • Mobil

    1.57 miles

  • American Quick Start Auto Center

    1.58 miles

  • Gulf

    1.60 miles

  • Shell

    1.87 miles

  • BP

    2.04 miles

  • Sunoco

    2.08 miles

  • Emporium

    2.22 miles

  • Icon

    0.10 miles

  • Battery Parking Garage

    0.33 miles

  • Edison ParkFast

    0.39 miles

  • Icon Parking

    0.44 miles

  • Enterprise Ann Parking

    0.55 miles

  • Beekman Parking

    0.57 miles

  • Speedy Park

    0.81 miles

  • SP+

    0.83 miles

  • 88 Madison Street Parking

    0.99 miles

  • Park Fast

    1.04 miles

  • Hampton

    0.06 miles

  • Hilton Garden Inn

    0.06 miles

  • DoubleTree by Hilton New York Downtown

    0.08 miles

  • The FiDi Hotel

    0.09 miles

  • Wall Street Inn

    0.10 miles

  • Casa Cipriani New York

    0.16 miles

  • Hyatt Centric

    0.21 miles

  • The Wall Street Hotel

    0.24 miles

  • Hotel Indigo

    0.25 miles

  • Holiday Inn Express

    0.26 miles

  • Whole Foods Market

    0.27 miles

  • Up Market

    0.28 miles

  • City Acres Market

    0.28 miles

  • TJ Maxx

    0.31 miles

  • Battery Place Market

    0.42 miles

  • Eataly

    0.47 miles

  • Gristedes

    0.49 miles

  • 55 Fulton Market

    0.51 miles

  • Westfield World Trade Center

    0.52 miles

  • Le District

    0.67 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 28 Water St