In a medium bowl, mix espresso powder with 3 tbsp boiling water until dissolved. Add 1 1/2 cups cold water; set aside. With an electric mixer, beat cream cheese with heavy cream and sugar until light and fluffy. Spread a few tbsps of cream cheese mixture in the bottom of a 2 qt serving dish. Separate ladyfingers. One by one, dip a third of ladyfingers in espresso, then arrange in bottom of dish. Spread with a third of cream cheese mixture. Repeat twice with remaining ladyfingers, espresso, and cream cheese mixture. Dust with cocoa just before serving.
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