Log In/Sign Up
Your email has been sent.
160 Pearl St 0.1 Acres of Commercial Land in New York, NY 10005
INVESTMENT HIGHLIGHTS
- Flexible Purchase/Lease Options (Ground Lease, Lease-to-own, etc.)
- Condos in FiDi $2,500/SF
- Excellent Retail and Resi Corridor
- 65,145 BSF Max Buildable plus Potential Air Rights
- Rentals in FiDi $100/SF
- Prime Southern Manhattan
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 0.10 AC |
| Zoning | C5-5 - High-density commercial and residential zoning allowing up to 15 FAR (65,145 buildable SF) for mixed-use development. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.10 AC |
| Zoning | C5-5 - High-density commercial and residential zoning allowing up to 15 FAR (65,145 buildable SF) for mixed-use development. |
1 LOT AVAILABLE
Lot
| Lot Size | 0.10 AC |
| Lot Size | 0.10 AC |
1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 0039-0006 | Improvements Assessment | $1,327,050 |
| Land Assessment | $576,000 | Total Assessment | $1,903,050 |
PROPERTY TAXES
Parcel Number
0039-0006
Land Assessment
$576,000
Improvements Assessment
$1,327,050
Total Assessment
$1,903,050
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
160 Pearl St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.