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Rent/Lease Apartment 250 South St, New York, NY

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 250 South Street. This trend is projected to continue. Opportunities for subleases remain available at 250 South Street and in the nearby Lower East Side neighborhood.

Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

250 South Street, New York, NY Property Overview

Building Address: 250 South St, New York NY 10002
Building Name: One Manhattan Square
Building Alternate Address: 250 South St, New York, NY
Zip Code:10002
Neighborhood:Lower East Side
Borough:Manhattan
Stories:72
Year Built:
Building Class:A

250 South Street, located in the Lower East Side of Manhattan, NYC, is a major residential development by Extell Development Company. The site was previously occupied by a Pathmark supermarket, which was demolished to make way for the new tower.

The building is planned to be 800 feet tall, with 68 stories, making it one of the tallest structures in the area. It will feature a range of luxury amenities, including a squash court, Turkish bath, golf simulator, bowling alley, basketball court, and a large lap pool.

The development includes a main luxury tower and a separate 13-story building for affordable housing. The project has faced controversy due to its height and the separation of affordable units, which some have criticized as creating a "poor door" effect.

Construction faced initial setbacks, including a partial stop-work order due to street subsidence issues. Despite these challenges, the project is moving forward, promising significant changes to the neighborhood's skyline and infrastructure.

250 South St, Manhattan, NYC is a prominent address known for its luxury living options, particularly within the One Manhattan Square complex. This location offers stunning waterfront views and access to a wide range of amenities.

It is situated in the Lower East Side neighborhood, close to major attractions like the South Street Seaport, Target, and Trader Joe's.


Residents at 250 South Street enjoy a wide range of luxurious amenities:

  • 24-hour doorman and concierge services
  • Grand double-height lobby with seating areas and fireplaces
  • Private motor court
  • Package delivery and refrigerated storage
  • Dry cleaning valet
  • Complimentary bicycle storage
  • 75-foot swimming pool
  • Hot tub and sauna
  • Full basketball court
  • Two-lane bowling alley
  • Squash court and golf simulator
  • 70-person movie theater and performance space
  • Wine tasting room and cigar room
  • Pet spa
  • Laundry and alterations site
  • Culinary lounge and demonstration kitchen
  • Business center
  • Teen game room and indoor children's playroom
  • State-of-the-art fitness facilities including weight room and cardio room
  • Four fitness studios for cardio, dance, and yoga classes
  • One acre of private outdoor gardens featuring a 93-foot covered dog run, birch garden, fire pits, outdoor grills, herb garden, treehouse, children's playground, tea pavilion, outdoor ping-pong, putting green, and stargazing observatory

250 South Street in Manhattan, NYC, is not primarily known for office tenants. However, it is part of a larger development area that includes residential and mixed-use properties. The nearby One Manhattan Square at 252 South Street is a prominent condominium development.

For office space, the area is surrounded by various commercial properties, but specific details about office tenants at 250 South Street are not readily available.


Internet Providers:

  • Verizon Fios: fiber-optic, up to 2 Gbps
  • Astound Broadband (RCN): cable and fiber, up to 1.5 Gbps
  • Spectrum: cable, up to 1 Gbps

250 South Street, Manhattan, NYC offers convenient access to various transportation options:

  • Staten Island Ferry
  • Bus stops
  • NYC Ferry
  • Subway stations

Cross streets include:

  • South Street and Pike Street
  • South Street and Cherry Street
Nearby Office Tenants Leased
  • AHRC New York City leased 15,820 SF at 101 Norfolk Street
  • Splendid Communications leased 2,665 SF at 195 Bowery
Nearby Retail Tenants Leased
  • Supreme leased 8,000 SF at 190 Bowery
  • Essex Restaurant leased 3,897 SF at 122-124 Rivington Street
  • Martos Gallery leased 2,510 SF at 41 Elizabeth Street
  • Pop International Galleries leased 2,200 SF at 195 Bowery
  • Think Pink Spa Inc. leased 2,200 SF at 188 Ludlow St
  • Blue Gorilla leased 1,200 SF at 87 East Houston Street
  • Bath Junkie leased 1,100 SF at 227 Mulberry St

Lempert Brothers Intl USA. Testimonial

Lempert Brothers Intl USA. testimonial To Whom It May Concern: We had the pleasure of working with Stephen Sunderland months ago when we were in search of new office space for our growing company. He was of great assistance with all the questions we had about today's real estate market. His accurate analysis of the market and the time he took to listen and understand our motivations was a great advantage We required an office building that would allow us to expand and support all of our companies needs. Stephen Sunderland walked us down every road we needed to go and many times paved the way making it easier on us than could have been expected. He advised us and guided us through all the steps. He worked with us closely and made sure that he knew exactly what we were looking for. He provided us with real estate options and solutions that would save us both money and time down the road as our company grew. His dedication and commitment to his clients are rare commodities in today's self-interested world. If you see fit to give him a chance to serve you, we guarantee, you'll never look for another real estate agent. Without reservation, we strongly recommend the services of Stephen Sunderland and would most definitely work with him again, if his assistance is called for. If we could further assist you, please do not hesitate to contact us. Sincerely, S. George Miller President