Wall Street Office Rental Guide 2022

WALL STREET OFFICE RENTAL GUIDE 2022

Wall Street Office Rental Guide 2022 provides essential information for Tenants that are interested in relocating to this world renowned financial center.

This information was compiled in May 2022 and is subject to change. For the most current market conditions contact Cogent Realty Advisors, Inc. (212) 509-4049.

 

 

 

OVERVIEW

Due to the conversion of office buildings to residential apartments, the overall inventory of available commercial space has declined. One Wall Street, which was previously known as the Bank of New York Building, has nearly completed its conversion to luxury condos. The building will be anchored by a Whole Foods market and Lifetime Fitness. 

 

 

Wall Street Office Building Details

2 Wall Street: rating by Costar. 215,000 square feet and 21 floors. Typical floor is 10,262 RSF. Built in 1932 and modernized. Boutique office building with entrances on both Wall Street and Broadway. The law firm of Carter Ledyard & Milburn which occupies nearly 80,000 RSF is leaving the building in August. This will free-up 7 private floors for new Tenants.

Deal Structure: Pre-built offices can be leased for 5 years. With a 7- 10 year term the Landlord will build-to-suit and provide an architect for space planning. Asking rents are from $48.00 PSF.

10,262 RSF. Test-Fit.

 

 

 

 

 

14 Wall Street: . 1,049,292 square feet and 37 floors. Typical floor is 28,232 RSF. Built in 1912 and completely modernized. Tenants include giants like Aflac, American Langone Medical Center and TheStreet.com. There is a small Tenants-only conference room provided an no charge.

Deal Structure: Pre-built previously occupied space can be leased for 3- 10 years. With a 7- 10 year term the Landlord will build-to-suit and provide an architect for space planning. Asking rent is from $39.00- $53.00 PSF depending on the location, condition and Landlord’s work.

 

 

 

 

1,656 RSF. Pre-built asking $53.

 

3,787 RSF. Pre-built asking $49.

 

 

4,456 RSF. Pre-built asking $39.

 

6,791 RSF. Pre-built asking $45.

 

30 Wall Street: 145,000 square feet on 12 floors. Limited availability. Call for information: (212) 509-4049.

 

40 Wall Street, the Trump Building: . 1,165,207 square feet and 72 floors. Built in 1930 and fully upgraded with modern building systems. A lower level vault area was recently transformed into a Tenant Amenity Center. It features casual dining and coffee service, meeting rooms, a lounge and game room.

Deal Structure: Pre-built previously occupied space can be leased for 3 or more years. With a 7- 10 year term the Landlord will build-to-suit and provide an architect for space planning. Asking rent is from $45.00-55.00 PSF depending on location, condition and Landlord’s work. 

Tower Floor. Custom installation to be built. 9,756 RSF.

Private floor. Pre-built and furnished. 36,869 RSF. Rent TBD.

44 Wall Street:. 342,000 square feet and 24 floors. Built in 1927 and renovated in 2006. Located at the intersection of Wall and William Street with windows and light on three sides. Diverse Tenant mix including, financial services (Charles Schwab), law and more recently- media, tech and advertising.

Deal Structure: Small pre-built spaces with contemporary loft finishes can be leased for 3 years or longer. On a 7- 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning. Asking rents are $54.00- $60.00 PSF depending on the location, condition and Landlord’s work. 

 

Pre-built. 2,691 RSF.

 

 

Pre-built. 3,299 RSF.

 

 

Test-fit. 4,995 RSF,

 

Test-fit. 17,076 RSF.

 

 

            

Photo courtesy of Costar.

48 Wall Street: . 330,050 square feet and 34 floors. Floors range from 14,500 RSF in the base to 7,150 RSF at the top. Constructed in 1928 and recently modernized at a cost of $60 million, this impeccably maintained NYC Landmark is also listed on the U.S. National Register of Historic Places.

Deal Structure: Newly constructed contemporary space can be leased for 5 years. On a 7- 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning.  Asking rent is from $43.00- $55.00 PSF depending on the location, condition and Landlord’s work.

Demolished. 5,000- 14,232 RSF.

Pre-built, tower floor. 7,155 RSF.

60 Wall Street (1989): . 1,625,483 square feet and 47 floors. Previously occupied by Deutch Bank and now undergoing a renovation that will be completed in August 2022. Most floors have windows on four sides.

Lobby rendering.

Deal Structure: Ideal for single and multi-floor Tenants. The Landlord will provide a cash contribution and rent abatement for Tenant-managed construction. Alternatively, the Landlord will build-to-suit for lease terms of 7- 20 years. 

Test=fit. 33,017 RSF.

Test-fit. 33,963 RSF.

100 Wall Street: 530,000 square feet and 29 floors. This modern office tower is primarily leased by boutique financial firms that demand 24/7 access and security monitoring, redundant fiber connections and a back-up power generator. 

Deal Structure: Newly constructed high quality space can be leased for 5 years. On a 7- 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning.  Asking rents start at $52.00 PSF.

 

 

 

 

 

 

Pre-built. 4,318 RSF.

 

 

 

 

 

 

 

 

 

 

 

 

Pre-built. 5,259 RSF.

 

 

 

 

 

 

 

 

Pre-built. 19,645 RSF. Virtual Tour.

 

 

 

 

 

 

 

 

 

 

120 Wall Street. . 618,801 square feet and 35 floors. Limited availability. Call for information: (212) 509-4049.

 

 

 

 

 

 

 

 

 

ABOUT COGENT REALTY ADVISORS 

Cogent Realty Advisors is an independent and licensed NO FEE Realtor with over 20 years of experience representing businesses that lease NYC office space. Our goal is to help you find the right office at the right price. For information, phone Mitchell Waldman at (212) 509-4049.

#WallStreetOffice2022

 

 

 

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