1431 Wall StRate on request
Heritage Tower
18,000 SF of Hospitality space available at 892 Water St, New York, NY 10022. For Sale through Pinnacle CRE.
For SaleStatus
18,000 SFAvailable
$34.97MAsking price
7.26%Cap rate
1911Year built
AClass
Property facts
| Property type | Hospitality |
|---|---|
| Building class | A |
| Rentable area | 169,600 SF |
| Available | 18,000 SF |
| Stories | 12 |
| Year built | 1911 |
| Typical floor | 14,133 SF |
| Lot size | 3.17 acres |
| Parking ratio | 3.3/1,000 SF |
| Occupancy | 89.4% |
| Zoning | C6-4 |
| Parcel ID | 90-708-8546 |
| Submarket | Plaza District |
| Market | New York City |
| Days on market | 156 |
| Walk Score | 50 |
| Transit | Highway access I-35 |
| Listing package | Basic |
Building amenities
Restaurant, Roof Terrace, Property Manager on Site, Security System
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2023-11-30 | $57.65M | $339.93 | 6.06% | Fairbridge Partners | Hill Country Capital |
| 2019-01-10 | $22.11M | $130.40 | 5.17% | Bellhaven Properties | Zenith Real Estate |
Public record
| Owner of record | Oakridge Development |
|---|---|
| Assessed value | $18.33M |
| Land value | $3.98M |
| Improvement value | $14.35M |
| Annual tax | $238K |
| Tax year | 2026 |
| Lot size | 138,085 SF |
| Last deed | 2018-10-18 |
| Deed type | Warranty Deed |
| Legal description | LOT 10 BLK 105 PLAZA DISTRICT ADDN |
Location
892 Water St
New York, NY 10022
Plaza District submarket · New York City market
40.76519, -73.96902
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Explore this market
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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.