Contacts
Nelson Lee
(191) 788-5149 x 7
Justin Natalizio
(212) 430-5208
Marcia Rose Yawitz
(121) 243-0513 x 5
Nathan Ande
(212) 430-5294
Nicholas Mulligan
Marcus & Millichap
(646) 805-1414
Eric Michael Anton
(212) 430-5209
Nelson Lee
(191) 788-5149 x 7
Justin Natalizio
(212) 430-5208
Marcia Rose Yawitz
(121) 243-0513 x 5
Christopher Warner
(212) 805-1454
Nathan Ande
(212) 430-5294
Nicholas Mulligan
Marcus & Millichap
(646) 805-1414
Matthew Nestler
(646) 805-1413
Matthew Cohen
(646) 805-1465
Property Details
- Property Type Retail
- Date Updated Apr 26, 2024
- Website holidayinnfidi.sharplaunch.com
Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in two contiguous pieces of prime commercial real estate in Lower Manhattan’s Financial District - home to the World Trade Center, Wall Street, the New York Stock Exchange (NYSE) and many of
the world’s most important financial institutions.
The world’s tallest (50 stories) Holiday Inn - at 99 Washington Street - and the mixed-use Landmark’s and the Preservation Committee-designated (LPC) adjacent property at 103 Washington Street, (together, “The Properties”) represent a significant opportunity in one of the finest real estate markets on the globe.
The Holiday Inn, located one block from the World Trade Memorial, is an upper-midscale full-service 492-key hotel designed by Gene Kaufman and completed in 2014. The adjacent building at 103 Washington Street, home to the iconic St. George Tavern, was constructed in 1812 as the
original Melkite congregation. 103 Washington recently benefited from a multimillion-dollar renovation.
The hotel’s location in Manhattan’s Financial District instantly makes it a trophy asset. It is just minutes from One World Trade Center, at 1,776 feet the tallest building in the Western Hemisphere and a symbol of America’s standing in the world. The World Trade Center - including
One World Trade and the surrounding buildings – is home to a roster of globally-significant, blue-chip companies including Spotify, McKinsey, Moody’s, and Conde Nast.
The Properties are encumbered by an assumable $137,025,000 CMBS mortgage which is the highlight of this transaction. The loan has highly attractive 5.259% fixed rate not available in the current environment.
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Highlights
- Complimentary Fitness Center
- On-Site Business Center
- Full Service Housekeeping
- Complimentary WiFi
- Concierge Services
- Language Interpretation
- Wake Up Calls
- Private Limousine Service
- Baggage Hold
- ATM/Cash Machine
Getting around
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100/100
Walk Score ®
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100/100
Transit Score ®
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85/100
Bike Score ®
Location
- City New York, NY
- Neighborhood Financial District
- Zip Code 10006
- Market Manhattan
Points of Interest
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Rector Street
0.06 miles
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Wall Street
0.13 miles
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Broad Street
0.19 miles
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WTC Cortlandt
0.22 miles
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Cortlandt Street
0.22 miles
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Bowling Green
0.26 miles
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World Trade Center
0.26 miles
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Wall Street
0.27 miles
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Fulton Street
0.27 miles
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Whitehall Street–South Ferry
0.36 miles
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ChargePoint
0.44 miles
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Blink
0.59 miles
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Tesla Supercharger
1.06 miles
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Blink
1.31 miles
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Blink
1.34 miles
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ChargePoint
1.45 miles
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ChargePoint
1.68 miles
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Mobil
1.86 miles
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American Quick Start Auto Center
1.94 miles
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Gulf
1.97 miles
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Battery Parking Garage
0.09 miles
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Icon
0.30 miles
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SP+
0.49 miles
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Speedy Park
0.50 miles
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Edison Park Fast
0.51 miles
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Park Fast
0.75 miles
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iPark
1.10 miles
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Christie Garage
1.21 miles
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Pier 40
1.45 miles
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Park Kwik
1.45 miles
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St. George Tavern
0.02 miles
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ZAZA
0.02 miles
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Sauce & Barrel
0.03 miles
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George's New York
0.03 miles
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Tajin
0.04 miles
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Wogies
0.05 miles
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BLT Bar & Grill
0.06 miles
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Bill's Bar and Burger
0.08 miles
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Sale & Pepe
0.09 miles
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Variety Cafe
0.09 miles
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Eataly
0.16 miles
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Battery Place Market
0.18 miles
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TJ Maxx
0.18 miles
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Gristedes
0.20 miles
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Gristedes
0.21 miles
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Up Market
0.24 miles
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Le District
0.30 miles
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Brookfield Place
0.33 miles
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City Acres Market
0.36 miles
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Target
0.46 miles
99 and 103 Washington Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
99 and 103 Washington Street is located in Financial District, which is home to a total of 107 listing(s). The rent for retail space at 99 and 103 Washington Street is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Financial District is 34. The average household income here is $198,862 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
