Broker Assisted Search:
Get Expert Guidance!
Prominent Financial District Buildings:
FINANCIAL DISTRICT COMMERCIAL OFFICE SPACE
Rent in the Nerve Center of the Global Economy.
Manhattan's Financial District remains the nerve center of the national and world economies. While many banks and financial services firms call Midtown home, nothing will ever equal the majesty of the words "Wall Street". For here remains the New York Stock Exchange, an institution of vital importance to the city, nation, and world. Here also is the Federal Reserve Bank of New York, in a fortress-like (but beautiful) building housing many nations' gold reserves. It is the most important of all the Federal Reserve branches in America.
Here also is historic Trinity Church, at the very top of Wall Street. In its churchyard lies buried Alexander Hamilton, father of the modern American economy. Farther down Broadway is Bowling Green, where the bronze statue of the charging bull symbolizes the hopes and dreams of brokers and bankers.
Financial District Commercial Featured Properties
Enjoy a Resurgent, Mixed-Use District of Residences and Commercial Office Space.
Many New Yorkers remember when this was a neighborhood devoid of life at night or on weekends. That is no longer the case. Much classic pre-war New York City commercial real estate, no longer suited to financial services firms with their need for extensive wiring, have been converted into luxury residential buildings. As a result, dining and shopping options abound as never before. Many neighborhood residents also work here.
The district boasts an impressive 38 Class A properties, which also happen to be, at an average $52.09 per square foot, among the best Class A deals in the city. The Class A vacancy rate is 5.4%. There are 24 Class B and 26 Class C properties. The smaller number of these compared to Class A properties indicates the trend in converting older NYC office space, much of it in designated landmarks, into residences. The average rent for Class B properties is $44.95, and for Class C properties $34.36. The Class B vacancy rate is 6.3%, the Class C rate is 8.4%.
Important commercial real estate includes One Liberty Plaza, 140 Broadway, and One Chase Manhattan Plaza, all classics of Modernist architecture that coexist thrillingly with pre-war gems such as 100 Broadway, one of the most beautiful of the city's early Classical skyscrapers, and One Wall Street, an Art Deco beauty. Many excellent small museums, including the Museum of American Financial History, Federal Hall National Memorial, and the Museum of the American Indian dot the area.
JPMorgan Chase, Goldman Sachs, and AIG are three of the largest Financial District companies.
Work in the District the Subway System Was Designed to Take People To.
Few places are better served by public transportation. When the subways were built they all pointed to the Financial District. The 4 and 5 East Side trains run under Broadway, while the N and R trains operate beneath Trinity Place. The West Side 1 and 2 trains stop right at Wall and William streets.
The residential growth in the district has made it a more attractive place in which to do business. New restaurants and luxury hotels have been opening at a steady pace, as have bars and after-work gathering places. Public-private partnerships and the city work to keep the district clean and safe.
Between the very attractive rents and the amenities of what is now a mixed-use district, along with good transportation options, it's hard not to like the Financial District.
Corresponding zip codes: 10004 10006