706-255-5657
160 Pearl St, New York, NY for Sale
Commercial LAND - FOR SALE
1/6
4,343 SF

160 Pearl St
New York, NY 10005
Financial District


HIGHLIGHTS

  • Flexible Purchase/Lease Options (Ground Lease, Lease-to-own, etc.)
  • 65,145 BSF Max Buildable plus Potential Air Rights
  • Condos in FiDi $2,500/SF
  • Rentals in FiDi $100/SF
  • Excellent Retail and Resi Corridor
  • Prime Southern Manhattan

OVERVIEW

Compass has been retained on an exclusive basis to facilitate the ground lease or sale of 160 Pearl Street, a prime development opportunity in the Financial District. This 22,614 SF six-story building sits on a 4,343 square foot lot and offers a maximum of 65,145 buildable square feet. With C5-5 (R10 equivalent)/LM zoning, the property has a residential FAR of 12 (UAP) allowing for 52,116, as well as a commercial FAR of 15, allowing for a mixed-use property of 65,145 BSF, as well as the potential to purchase additional air rights from next door. Preliminary plans for a 75k GSF (60k ZFA) mixed-use property utilizing the ultra-low energy bonus can be provided upon request. Positioned amidst the thriving FiDi market, which has condo sales ranging up to $2,500/SF and rentals averaging $100/SF, the property offers multiple redevelopment opportunities -- 485X, 467M, ULEB, etc. -- in prime southern Manhattan. Ownership is open to various proposals that reflect the unique nature of this property, including but not limited to a ground lease or lease-to-own scenario. This flexibility, combined with the building’s exceptional location and development potential, makes 160 Pearl Street an unparalleled mixed-use opportunity for a creative developer. Feel free to reach out with any questions, to request a zoning study, pro forma, or submit an offer. via email at Nathan.Horne@Compass.com or call/text 706-255-5657.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.1 AC

LAND SF

4,343 SF

OFFSITE IMPROVEMENTS

-

ZONING

C5-5

APN/PARCEL ID

0039-0006

ASK ABOUT THIS PROPERTY

Nathan HorneCompassMore Info
706-255-5657

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Nathan HorneCompassMore Info
706-255-5657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.