One Battery Park Plaza Office Rental Guide
One Battery Park Plaza Office Rental Guide
One Battery Park Plaza is an excellent choice for New York City businesses requiring top-tier office space in Lower Manhattan with these features:
- ♦ Prestigious Class A office tower (1971) with a new lobby and modern building systems
- ♦ Quiet location across from Battery Park with views of the harbor
- ♦ Extended hours of operation for air conditioning and heating provided at no additional charge
- ♦ Easy access by subway, ferry and car
Location
One Battery Park Plaza, also known as 24 State Street, is located between State, Pearl, Bridge and 
Whitehall Streets. The building provides convenient transportation connections to employees and clients. Nearby, the 4/5 subways are found at Bowling Green and the 1, R/W at the Whitehall Street-South Ferry station. The Staten Island Ferry terminal is steps away. For cars there is easy access to the FDR Drive and West Side Highway as well as a plenitude of parking garages.
Office Building & Design
One Battery Park Plaza is a side core office building and its elevators, stairs and mechanical systems are located on the Bridge Street portion of each floor. Full floors provides three sides of light and expansive views. They are well suited for a combination of perimeter offices and open spaces with a high density of cubicles or bench seating. For these reasons the building is well-suited for law, financial and the technology firms.
One Battery Park Plaza offers both turn-key fully constructed office suites that are ready for immediate occupancy and vacant spaces that it will build-to-suit for qualified Tenants. As a rule of thumb, when an office is custom-built, a 7- 10 year lease term is required. Recently built suites feature high ceilings glass fronted offices and conference room, and contemporary pantries.
In 2018 the vacancy rate at One Battery Park Plaza is 5.5%, well below the Financial District average of 9.2%. Sample office spaces follow:
Pre-built 3,851 RSF
Pre-built 7,408 RSF
Pre-built 9,500 RSF
Build-to-Suit 26,745 RSF
Office Pricing at One Battery Park Plaza
In 2018 the asking rent for office space is $55.00 per rentable square foot (PSF). Comparable midtown office space is $75.00- $115.00 PSF depending on the location.
Cogent Realty has a strong track record negotiating lower rent and leasing incentives in the form of free rent for its clients. Call us for details, 212-509-4049.
A quick reference guide is found below.
| 5,000 RSF | 10,000 RSF | 20,000 RSF | |
| All Offices @ $55.00 PSF | $20,833 month $250,000 year | $45,833 month $550,00 year | $91,666 month $1,100,000 year |
Additional office overhead costs include electricity, annual rent and real estate tax increases.
Your Corporate HQ at One Battery Park Plaza 
- ♦ Class A office tower constructed in 1971 and completely modernized.
- ♦ 24- hour, 7- day access. Uniformed lobby concierge. Access card security system.
- ♦ 870,000 SF total building area. Steel construction. 35 stories tall and rising 495 feet.
- ♦ Onsite Starbucks, banking and property manager. Owner managed parking garage and bicycle storage.
- ♦ 19 passenger and one freight elevators.
- ♦ Central air conditioning and heating system. Hours of operation are: Monday through Friday 8:00 am-11:00 pm; Saturday and Sunday 8:00 am-6:00 pm.
- ♦ Office cleaning is included.
- ♦ Sprinkler system, emergency lighting and power.
- ♦ Multiple telephone/internet providers offering fiber connections.
- ♦ New York, NY 10004.
- ♦ Notable Tenants: Hughs Hubbard & Reed (law); Centra Ruddy (architecture), Global Impact Investing (non profit) and Liberty Mutual (insurance).
The Surrounding Neighborhood
The building is adjacent to Battery Park, a landscaped retreat with views of NY harbor and the Statue of Liberty. Restaurants and hotels near to One Battery Park Plaza are listed HERE and HERE. For information about working and living in Lower Manhattan link HERE. For cultural events link HERE.
About Cogent Realty advisors
Cogent Realty Advisors is an independent and licensed NO FEE Realtor with over 15 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.
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