|Address:||111 John Street||Class:||B|
|Cross Streets:||Cliff & Pearl Streets||Size:||298,776 SF|
|Year built:||1929||Architect:||Buchman & Khan|
The office building located at 111 John Street in Downtown Manhattan was completed back in 1929. It was designed by Buchman & Khan and is also known as the Insurance Building. Nowadays, the building is home to various creative office tenants in media and technology, PR and communications, healthcare, and law. Its excellent location in the prestigious Financial District makes it ideal for small and mid-sized businesses in Manhattan.
299 KSF of Class B FiDi Office Space
The property at 111 John Street offers 298,776 square feet of Class B Financial District office space across 28 stories. Owned and managed by Braun Management, the Lower Manhattan building also incorporates more than 10,000 square feet of ground-floor retail space. Amenities at 111 John Street include a freight entrance on Pearl Street, a USPS box, UPS drop-off, 24/7 building access, surface parking, and 150 covered parking spaces.
Getting to and from 111 John Street
Those working at 111 John Street benefit from an excellent Lower Manhattan location, close to major city attractions, as well as restaurants and retailers. Public transportation is also easily accessible via the nearby Fulton Street station, while FDR Drive is also close by, connecting tenants to other parts of the city.
Who is renting office space at 111 John Street?
111 John Street is home to various office tenants in industries like media and technology, advertising and communications, healthcare, law, and finance. Among those occupying office space in the building are Gandhi Engineering, the Knowledge Project, Walsh Associates, Smith Mazure, Director & Wilkins, the New York Peace Institute, Freedom House, and Habitat for Humanity. Retail tenants include 7-Eleven and Salon Twenty Five.
How much is the rent price for office space at 111 John Street?
Office asking rents at the Class B Lower Manhattan building start somewhere around $40 per square foot, considerably lower than rents found in Midtown submarkets. Depending on the terms and size of the lease, the rate can go higher, but office space at 111 John Street is still considerably more affordable than Class A assets in the same area.
Image courtesy of Google Street View