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for rentRealtyLens property overview
$3,990

25 Water St Apt 706

New York, NY, 10004
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StudioBeds
1Baths
550Sqft
$7$/sqft

Comps

Listing Notes

A rare Financial District studio apartment at SoMA, 25 Water Street - the largest office-to-residential conversion in U.S. history and one of downtown Manhattan's most talked-about new luxury rental buildings. This approximately 550 sq ft luxury studio for rent in the Financial District offers a well-proportioned layout with distinct living, dining, and sleeping zones, a massive walk-in closet, and in-unit washer/dryer - priced significantly below smaller units currently available in the building. Available now at $3, 990/month on a brand new lease, signed directly with the building through July 2027, with the option to renew. No lease break, no sublet. THE BUILDING - SoMA at 25 Water Street Financial District, NYC Located in the heart of the Financial District near Battery Park City, SoMA at 25 Water Street is the largest office-to-residential conversion in U.S. history - a full-service luxury rental building offering over 100, 000 square feet of amenities designed for modern New York City living. Fitness & Wellness Rooftop pool and landscaped outdoor deck with skyline views Indoor lap pool Full fitness center and training studios Basketball and pickleball courts Spa with sauna and Himalayan salt room Work & Social Coworking lounges and private conference rooms Resident lounges and entertainment spaces Golf simulator and bowling alley Podcast and creative studios Full Service Full-time doorman and concierge Pet spa Package room and bike storage THE APARTMENT - Unit 706 Oversized Studio 550 SF Financial District This oversized downtown Manhattan studio apartment features a wide, open layout that functions more like a one-bedroom than a typical NYC studio - with soaring ceilings, excellent natural light, and a massive walk-in closet that is virtually unheard of for a Financial District or Battery Park City studio. Thoughtfully integrated lighting creates a warm, refined atmosphere throughout. One of the few luxury studios for rent in FiDi with in-unit washer/dryer at this price point. In-unit Bosch washer/dryer Central air with smart temperature control Modern kitchen with paneled appliances and quartz countertops Marble, spa-inspired bathroom Built-in lighting throughout THE LOCATION - Financial District Battery Park City South Street Seaport Downtown Manhattan Steps from The Battery, Brookfield Place, Goldman Sachs, the NYSE, and Downtown Manhattan's waterfront dining, shopping, and green spaces. Subway: 1, 2, 3, 4, 5 at Fulton Street E at World Trade Center J, Z at Broad Street R, W at Cortlandt Street PATH to New Jersey Ferry service Available now at $3, 990/month (net effective based on 14 month lease) - significantly below smaller units currently available in the building. Brand new lease signed directly with the building - no lease break, no sublet. Reach out to Laurel Ferrera to schedule a private showing.

Market Insights

Below nearby median-22%

$7/sqft vs a nearby median of $9/sqft.

Nearby median$9/sqft
Nearby properties8
Property size550 sqft
  • -22% versus the nearby median price per square foot.
  • 12 price records are available for this property.
  • 550 sqft creates a usable price-per-square-foot read.

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-22% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read3 items to check
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Listing Details

Days on market
52 days
Last price change
Down $160 (3.9%)
Listed
Mar 22, 2026
Photos
18 photos
Property type
apartment
Status
for rent

Features & Amenities

DoormanElevatorSwimming PoolModern KitchenBasketball CourtHigh CeilingRental PropertyViewsBasketballOpen Concept Floor PlanWalk In ClosetOpen PlanOfficeDenSoaking TubGolf CourseShopping

Photos

Building Facts

Year built
1969
Stories
32
Total units
1,323
Residential units
1,320
Building area
23.98 ac
Lot size
1.24 ac
Land use
Multi-family elevator buildings
Building class
D5

From NYC public records where available.

Price History

May 6, 2026diff
$3,990for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent
May 5, 2026diff
$4,150for rent

Public Records

DOB violations0 open

189 total recorded against the building

HPD violations4 open

1 class C (immediately hazardous)

ACRIS documents60

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)5,913

Top: vendor enforcement

Top complaint types in ZIP 10004

  • Vendor Enforcement2,482
  • Illegal Parking678
  • Noise - Commercial472
  • Street Condition281
  • Noise - Residential136

Recent DOB

  • Dec 1, 2024V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
  • Aug 2, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
  • Jun 12, 2024V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • May 2, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE

Recent HPD

  • Apr 29, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Apr 13, 2026Class A · § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT CELLAR
  • Apr 13, 2026Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1809, 18th STORY, 2nd APARTMENT FROM NORTH AT EAST , SECTION ''south''
  • Apr 13, 2026Class B · § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT CEILING AT CELLAR

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.