Seattle Condo Buildings
Newmark Tower
1415 2nd Avenue · Downtown · Seattle
At a Glance
- Built
- 1991
- Stories
- ~24–25 fl
- Residences
- 192 homes
- Neighborhood
- Downtown
- Market
- Seattle
- Building Type
- Established High-Rise
- Developer
- HAL Real Estate
Building Features & Ownership Details
ParkingSecure parking
- Concierge
- Fitness center
- Pool
- Rooftop deck or terrace
- Concierge
- Yes
- Fitness center
- Yes
- Pool
- Yes
- Rooftop deck or terrace
- Yes
- Guest suite
- No
- Pet area
- No
- EV charging
- No
- Resident storage
- No
- Waterfront setting
- No
- Hotel component
- No
Building features listed above reflect current public building sources. Availability, access and any associated cost should be confirmed with the association.
About the Building
Newmark Tower stands at 1415 2nd Avenue between Pike Place Market and the Seattle Art Museum, a concrete and steel high-rise originally built as apartments and converted to condominium ownership in the early 1990s after HAL Real Estate Investments acquired it. Long-running building sources describe that history consistently, and it explains the tower's efficient plans and generous shared floor.
The result is an established full-service Downtown building rather than a newer luxury address, and the service level is the reason buyers stay. Reported shared facilities include 24-hour concierge, a renovated indoor pool, hot tub and sauna, a fitness center, a recreation and community room, and a rooftop view area. Secured or deeded parking is common but belongs to specific residences, and many upper homes carry Downtown, Elliott Bay and skyline outlook depending on orientation.
Residence Character
- Position steps from Pike Place Market is the defining feature; walk the block at different times of day.
- The amenity set is deep for a Downtown building of this era, with pool, spa, sauna and recreation space.
- Parking is often deeded or secured but is residence-specific; verify what conveys rather than assuming.
- Views vary meaningfully by floor and exposure, so evaluate a specific stack rather than the building generally.
Amenities
- 24-hour concierge
- Indoor pool and hot tub
- Fitness center
- Sauna
- Business and community lounge
- Guest suite
- Rooftop deck with BBQ area
- Secure garage parking
Rental & Investment Rules
Rental flexibility can materially affect both investment use and future resale. A building with no rental cap may still require a minimum lease term or prohibit short-term rentals.
- Building Rental Cap
- No building rental cap · publicly reported
- Current Cap Status / Waitlist
- No building rental cap, STR permitted, 7-day minimum, $50 fee, background check required
- Minimum Lease / Stay
- 7 days (STR minimum) · publicly reported
- Short-Term Rentals Permitted by Association?
- Permitted by building · publicly reported
- STR Conditions / Reported Fees
- Reported fee: $50 · 7-day minimum stay, background check required · publicly reported
- City of Seattle Licensing
- Building permission does not replace City licensing requirements. Seattle defines a short-term rental as lodging for 29 consecutive nights or fewer, licensed and regulated by the City separately from association permission.
- Subleasing
- Current HOA details required
- Lease / Registration Requirements
- 7-day minimum stay, background check required · publicly reported
- Move-In / Rental Fees
- $50 · publicly reported
- Background Check
- Background check required · publicly reported
Building permission does not replace City licensing requirements.
Important
No Rental Cap ≠ Short-Term Rental
A building can allow an unlimited number of owners to lease their residences while still requiring a 30-day, three-month, six-month, twelve-month, or longer minimum lease. Rental-cap percentage and minimum lease duration are separate rules and should always be reviewed independently.
What Buyers Should Know
Due-diligence checklist
- Resale certificate
- Reserve study
- Budget and financial statements
- Insurance
- Assessments
- Capital projects
- Litigation
- Rental rules
- Owner occupancy
- Financing / warrantability
- Parking and storage rights
- View / future development
- Building systems and age
What Sellers Should Know
Who you compete with
Sellers compete with current same-building inventory, similar stacks, floor height, views, parking, condition, amenities and nearby buildings.
Current Listings
Currently available at Newmark Tower
Live availability for Newmark Tower is served by IDX Broker from NWMLS data. Editorial content on this page stays Pinnacle Group's own.
Live NWMLS listing data is not connected yet. This section is the reserved IDX Broker integration point, so no listing counts, prices, or availability are shown.
Listing data, when connected, is provided by Northwest Multiple Listing Service (NWMLS) through IDX Broker. Information is deemed reliable but not guaranteed and must be independently verified.
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Association rental and leasing rules, rental caps, current cap availability, waitlists, minimum lease terms, fees and short-term-rental policies can change at any time. Information should be independently verified through the current resale certificate, declaration, rules and regulations, association management and applicable City of Seattle requirements before purchase or lease.
Building permission does not itself establish that an owner is eligible to operate a short-term rental. Seattle licensing and operator/unit eligibility requirements apply separately.