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25 Water St Apt 706
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
$7/sqft vs a nearby median of $9/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
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
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
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
Public Records
189 total recorded against the building
1 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
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.