Rockrose S. Street Seaport rental leased up

New York /
Jun.June 24, 2010 05:30 PM

Rockrose’s Henry Elghanayan and 200 Water Street

Rockrose’s 576-unit South Street Seaport rental building, 200 Water Street, is fully leased after less than a year on the market, the developer said.

The 32-story rental tower, formerly a New York University dorm, is located between John and Fulton streets. Rentals launched in the summer of 2009. Rents started at $2,045 for studios, $2,470 for one-bedroom units, and $3,715 for two-bedrooms, with the landlord offering two months of free rent.

A statement from Rockrose attributed the lease-up to “spacious apartments at affordable prices.”

The building ended up attracting “a substantial number of families,” Rockrose said, thanks to “highly convertible units,” including 1,000-square-foot one-bedrooms and 1,500-square-foot two-bedrooms, as well as proximity to the Spruce Street School, Montessori School and Claremont Prep. The building has also attracted a number of renters from the outer boroughs, The Real Deal has reported.

The building has a 33rd floor roof deck with a waterfall shower residents can operate by pulling a chain connected to a water tower on the roof.

The developer also said a 6th floor tenant lounge, with a screening room and custom-made billiards table, is now complete.

 

Related Articles

arrow_forward_ios
11 East 26th Street with Henry and Justin Elghanayan (Google Maps, Getty)
Rockrose investment values Nomad office building at $235M
Rockrose investment values Nomad office building at $235M
Clockwise from top left: 180 Ashland Place. 180 East 125th Street, 35 Commercial Street and 2440 Fulton Street (Credit: Google Maps)
The top 10 biggest real estate projects coming to NYC
The top 10 biggest real estate projects coming to NYC
Rockrose Development President Justin Elghanayan and 98 DeKalb Avenue in Brooklyn
Rockrose’s new Brooklyn skyscraper will rise 47 stories
Rockrose’s new Brooklyn skyscraper will rise 47 stories
Rockrose Development Justin Elghanayan and 98 DeKalb Avenue in Brooklyn (Credit: Google Maps)
Rockrose closes $81M all-cash Brooklyn buy
Rockrose closes $81M all-cash Brooklyn buy
From left: Eagle Lofts at 43-22 Queens Street in Long Island City, 292 North 8th Street in Williamsburg and The Landing at 15 Bridge Park Drive in Brooklyn Heights (Credit: Rockrose Development, Stonehill & Taylor Architects and StreetEasy)
Rockrose’s $350M haul tops March list of outer-borough loans
Rockrose’s $350M haul tops March list of outer-borough loans
The Real Deal interviews TF Cornerstone's Tom Elghanayan at REBNY's 124th annual banquet.
TF Cornerstone exec: How I got over Amazon dumping LIC
TF Cornerstone exec: How I got over Amazon dumping LIC
27-34 Jackson Avenue and Rockrose's Justin Elghanayan
Rockrose plans a $100M resi tower in LIC
Rockrose plans a $100M resi tower in LIC
Renderings of 555 West 38th Street and Rockrose Development's Justin Elghanayan (Credit: Rendering by Pelli Clarke Pelli)
Rockrose lands $255M in financing for Hudson Yards project
Rockrose lands $255M in financing for Hudson Yards project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...