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78 Pearl Street & 46 Water Street 2 Properties in New York, NY
EXECUTIVE SUMMARY
BKREA has been retained on an exclusive basis to facilitate the sale of 78 Pearl Street and 46 Water Street (“The Site”), a prime mixed-use development or conversion/enlargement opportunity located in the heart of the Financial District within the Special Lower Manhattan (LM) zoning district. The Site is located block-through from the south side of Pearl Street to the north side of Water Street, between Coenties Slip and Hanover Square. It comprises Block 30, Lots 4 and 5, and is actual vacant land (78 Pearl) and an empty building (46 Water)—allowing developers to begin immediate redevelopment. The irregularly shaped lot totals approximately 10,149 square feet and features 89.41 feet of frontage along Pearl Street, 54.46 feet along Water Street, and a maximum depth of 138.29 feet. The extensive frontage, block-through nature, and high visibility offer exceptional design flexibility—making this a truly premier development opportunity.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 93,600 SF |
| Status | Active | Total Land Area | 0.23 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 93,600 SF |
| Total Land Area | 0.23 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 78 Pearl St, New York, NY 10004 | Land | 0.05 AC | 1900 | - |
| 46-48 Water St, New York, NY 10004 | Office | 93,600 SF | 1929 | - |
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78 Pearl Street & 46 Water Street
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