Parking garage Valet parking service

55 Water Street Garage - Lot #23 – 55 Water St, New York, NY 10041

★ 2.4 (38 reviews)

About this Location

Facility Overview

55 Water Street - Lot #23 (operated by Impark) is a major subterranean multi-level parking facility nestled directly beneath the iconic 55 Water Street skyscraper in Lower Manhattan\'s Financial District (FiDi). With its primary access point situated along Old Slip between Water Street and South Street, this well-engineered parking deck provides sheltered, secure vehicle storage right beside the East River waterfront. The garage operates around the clock with professional valet and attendant staffing, as well as designated self-park bays. Due to the underground structure\'s physical overhead clearances, a strict vehicle height limit of 6 feet 2 inches (1.88 m) applies across all levels. Standard passenger sedans, compact crossovers, and mid-sized SUVs navigate the ramps and stalls comfortably; however, high-roof conversion vans, lifted trucks, full-size commercial vehicles, and roof-rack accessories exceeding 6\'2\" cannot be accommodated.

Prime Location & Nearby Attractions

Situated in the heart of Downtown Manhattan\'s bustling commerce and tourism zone, 55 Water Street offers immediate pedestrian access to a wealth of world-renowned landmarks, cultural venues, and financial centers. Key nearby destinations include:

  • The Elevated Acre: Located on-site on the 55 Water Street terrace, offering manicured lawns, beer gardens, and sweeping East River panoramas just steps away.
  • Wall Street & New York Stock Exchange: A quick 7-minute walk (0.3 miles) west through historical cobblestone streets.
  • South Street Seaport & Pier 17: Located roughly 8 to 10 minutes (0.4 miles) north, boasting rooftop concerts, premier waterfront dining, and retail shops.
  • Battery Park & Staten Island Ferry (Whitehall Terminal): Approximately a 6-minute stroll (0.3 miles) south, serving as the departure terminal for Statue of Liberty and Ellis Island cruises.
  • Fraunces Tavern Museum: Historic dining and museum just 3 minutes away (0.1 miles) along Pearl Street.
  • National Museum of the American Indian & Bowling Green: Reachable in under 8 minutes on foot.

Access, Navigation & Transit Connectivity

Ingress and egress are straightforward compared to typical congested downtown streets, thanks to direct entry lanes off Old Slip and immediate connectivity to FDR Drive via South Street. Drivers can transition quickly from the FDR Drive South Street exits into the facility without weaving through midtown traffic. For multimodal commuters and visitors, the location offers seamless subway and ferry access:

  • Subway Lines: Within a 5 to 7 minute walk of the South Ferry / Whitehall St station (1, R, W trains), Wall Street station (2, 3 trains), and Bowling Green station (4, 5 trains).
  • NYC Ferry: The Wall Street / Pier 11 Ferry Terminal is positioned just one block east, connecting travelers directly to Brooklyn, Queens, Soundview, and Rockaway.
  • Major Roadways: Direct access to the FDR Drive, West Street (Route 9A) via Battery Park Underpass, and the Brooklyn-Battery (Hugh L. Carey) Tunnel.

Facility Amenities & Key Features

  • 24/7 continuous operation with on-duty parking attendants and valet assistance.
  • Fully covered and weather-protected indoor garage keeping vehicles shielded from rain, snow, and extreme temperatures.
  • Gated access control, bright LED lighting, and round-the-clock closed-circuit security camera monitoring (CCTV).
  • Contactless mobile reservations and digital pass scanning through apps such as SpotHero, ParkWhiz, and Way.
  • Dedicated accessible (ADA) parking spaces situated close to elevator cores for step-free pedestrian street exits.
  • Convenient location adjacent to major ferry terminals and downtown office buildings.

Ideal For

  • Corporate Commuters: Professionals working at 55 Water Street, Wall Street, Broad Street, and surrounding financial institutions.
  • Waterfront Visitors & Concertgoers: Guests heading to Pier 17 concerts, Seaport dining, or The Elevated Acre community events.
  • Statue of Liberty & Sightseeing Tourists: Travelers catching ferries at Battery Park or Whitehall Terminal seeking reliable parking nearby.
  • Brooklyn Commuters: Drivers wishing to park near the Pier 11 Ferry or Brooklyn-Battery Tunnel portal for easy intra-borough connections.

Visitor & Driver Tips

When entering GPS navigation, use \"41 Old Slip, New York, NY 10041\" to arrive right at the garage ramp, avoiding confusion along the pedestrian plaza on Water Street. Keep in mind that weekday peak commute hours (8:00 AM – 10:00 AM and 4:30 PM – 6:30 PM) experience heavier traffic around FDR Drive and South Street, so plan for extra travel time. Reserving a spot in advance through online parking apps will almost always guarantee discounted drive-up rates and secure your stall during busy financial sector workdays or weekend summer festivals at Pier 17.

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