160 Pearl Street, New York, NY 10005

Building Details

Architectural style

Other

Listing agent Nathan Horne Show Phone

Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY Show Phone

Listing date Feb 1, 2026

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MLS# 11641204 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

160 Pearl Street is a development site offered for sale or ground lease. The existing improvement described is a six-story building totaling 22,614 square feet on a 4,343 square foot lot. The property’s build program is supported by C5-5 (R10 equivalent)/LM zoning, with a residential FAR of 12 (including the recreation bonus) allowing for 52,116 BSF as of right, and up to 62,477 BSF with the purchase of neighboring air rights. The commercial FAR of 15 provides for up to 65,145 total BSF between residential and commercial uses, as stated in the offering materials.

The site is positioned in the Financial District of New York, New York, with the listing describing it as surrounded by active residential and rental market activity in FiDi. The property is presented as suitable for proposals reflecting its development parameters and the flexibility of either sale or ground lease.

This property may fit developers and end-users seeking a mixed-use build opportunity under the stated FAR framework, with the ability to pursue additional floor area through neighboring air rights. Because the listing is structured to accommodate both sale and ground lease proposals, it can work for different ownership and financing strategies depending on a buyer’s or tenant’s development plan.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-74.007473

Latitude

40.705709

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FAQs

What type of property is this?

Commercial land - Development opportunity with C5-5 (R10) zoning and residential/commercial FAR parameters for prospective mixed-use projects.

Where is this commercial land located?

The property is located at 160 Pearl Street New York, NY.

What is the asking price?

The asking price for this property is $20,000,000.

What are key features of this property?

This property features: Ground lease or sale available for 160 Pearl Street in the Financial District; Six‑story building totaling 22,614 SF on a 4,343 SF lot; C5‑5 (R10 equivalent) / LM zoning with residential FAR of 12, including the recreation bonus