Republic Point$61.50 – $74.87/SF/yr FS
Century Square
2,128,300 SF of Office space available at 68 Water St, New York, NY 10011. For Lease through Meridian Realty Partners.
For LeaseStatus
2,128,300 SFAvailable
$106.07/SFAsking rent
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 2,128,300 SF |
| Available | 2,128,300 SF |
| Stories | 70 |
| Typical floor | 30,404 SF |
| Lot size | 1.58 acres |
| Parking ratio | 4.1/1,000 SF |
| Zoning | C6-4 |
| Parcel ID | 14-529-2889 |
| Submarket | Chelsea |
| Market | New York City |
| Days on market | 406 |
| Walk Score | 82 |
| Transit | Bus 1 block |
| Listing package | Gold |
Building amenities
Roof Terrace, Property Manager on Site, Concierge, Bike Storage, Fitness Center, LEED Gold, Restaurant
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 59th | Retail | Direct | 719,120 | On request | Negotiable | Vacant |
| P 32nd | Office | Direct | 639,680 | On request | Negotiable | Vacant |
| P 15th | Coworking | Direct | 38,450 – 113,790 | $104.13/SF | Thru Mar 2030 | Vacant |
| P 50th | Medical | Direct | 117,260 | On request | Negotiable | Sep 2026 |
| P 16th | Office | Direct | 39,290 – 245,460 | $91.54/SF | Negotiable | Vacant |
| P 53rd | Off/Ret | Sublet | 132,330 | $91.86/SF | Thru Sep 2032 | Sep 2026 |
| P 56th | Medical | Direct | 28,500 | On request | Negotiable | Sep 2026 |
| P 51st | Off/Ret | Direct | 26,270 – 63,670 | $98.99/SF | Negotiable | Vacant |
| P 52nd | Retail | Direct | 7,040 – 26,010 | $111.37/SF | Negotiable | Vacant |
| P 30th | Office | Direct | 8,060 | $118.86/SF | Negotiable | Oct 2026 |
| P 28th | Retail | Direct | 550 – 3,760 | On request | Negotiable | Jan 2027 |
| P 40th | Coworking | Direct | 1,710 – 4,480 | On request | 3-10 Years | Vacant |
| P 57th | Medical | Direct | 7,920 | On request | Negotiable | Oct 2026 |
| P 10th | Office | Direct | 580 – 4,100 | On request | Negotiable | Vacant |
| P 20th | Office | Direct | 890 – 5,620 | On request | Negotiable | Vacant |
| P 44th | Off/Ret | Direct | 390 – 1,710 | $93.59/SF | Negotiable | Nov 2025 |
| P 51st | Retail | Direct | 150 – 1,130 | $112.65/SF | Negotiable | Vacant |
| P 13th | Coworking | Sublet | 2,020 – 5,700 | $88.69/SF | Thru Oct 2029 | Oct 2026 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-08-23 | $665.43M | $312.66 | 7.00% | Hudson Gate Partners | Yellowstone Property Fund |
| 2020-08-17 | $363.28M | $170.69 | 4.87% | Ironwood Capital Partners | Fairbridge Partners |
| 2019-01-19 | $721.07M | $338.80 | 6.02% | Bellhaven Properties | Everline Real Estate |
Public record
| Owner of record | Cascade Realty Trust LLC |
|---|---|
| Assessed value | $611.93M |
| Land value | $209.13M |
| Improvement value | $402.8M |
| Annual tax | $5.88M |
| Tax year | 2026 |
| Lot size | 68,824 SF |
| Last deed | 2023-07-02 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 3 BLK 749 CHELSEA ADDN |
Location
68 Water St
New York, NY 10011
Chelsea submarket · New York City market
40.73653, -74.00296
Open in RealStarListing package
Gold — Elevated placement above Silver.
Elevated placement, larger search card with a hero image, floor-plan uploads, syndication to partner marketplaces and weekly lead alerts.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.