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 presents a development opportunity for either sale or ground lease. The site includes a six-story building totaling 22,614 square feet and sits on a 4,343 square foot lot. Maximum buildable square feet are described as up to 65,145, with zoning limits allocating capacity between residential and commercial components.

Zoned C5-5 (R10 equivalent)/LM, the property is stated to allow residential FAR of 12, including the recreation bonus. Based on the information provided, this supports 52,116 BSF as of right. The residential capacity can be increased to 62,477 BSF through the purchase of neighboring air rights, and the overall commercial FAR is described as 15, resulting in a maximum of 65,145 BSF between residential and commercial uses. The remarks place the site within New York’s Financial District.

For developers and end-users evaluating mixed-use projects, the listed zoning framework provides a clear ceiling for total development area and a pathway to additional residential capacity via neighboring air rights. Ownership is open to proposals that fit the property’s mixed-use development nature, including ground lease and financing-oriented structures, depending on project goals.

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?

Mixed-use property - Six-story development site with C5-5 (R10 equivalent)/LM zoning and defined residential and commercial FAR limits.

Where is this mixed-use property 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: 6‑story 22,614 SF building on a 4,343 SF lot in the Financial District at 160 Pearl Street; C5‑5 (R10 equivalent)/LM zoning with residential FAR of 12 (includes recreation bonus) for 52,116 BSF as‑of‑right; Residential buildable area can increase to 62,477 BSF by purchasing neighboring air rights