Lower East Side Development Opportunity

55 Pitt St New York, NY 10002

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Vacant lot with development potential in Lower East Side.

Type:Retail
Property size:
2,106 SF
Lot size:
0.05 Acres
Price / SF:
$944/SF
Added:
Mar 17, 2026
Days on Market:
116
Last Refresh:
Jul 2 at 6:19 am

Property Features for 55 Pitt St

General Information

Standard status
Active
Size
2,106 SF
Lot size
0.05 Acres
Property subtype
Retail

Building Details

Year Built
1915

Listing office Highcap Group

Listing date Mar 17, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Highcap Group


Investment Insights

Based on property information with market context.

The property at 55 Pitt Street, New York, NY, is a one-story retail building offered vacant as a development opportunity. Located in the Lower East Side neighborhood of Manhattan, the property includes a 2,118 square feet lot. The site allows for up to 12,750 buildable square feet as of right, presenting development potential.

Key Highlights

  • Prime Lower East Side location in Manhattan.
  • Significant development potential with 12,750 buildable square feet as of right.
  • Vacant one‑story retail building, ready for immediate development or repurposing.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Nursing Home Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Restaurant Clothing & Fashion Store Veterinary Clinic Clothing & Fashion Store Tanning Salon

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

FAQs

What type of property is this?
Commercial land - Vacant lot with development potential in Lower East Side.
Where is this commercial land located?
The property is located at 55 Pitt St New York, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Prime Lower East Side location in Manhattan.; Significant development potential with **12,750 buildable square feet as of right.**; **Vacant one‑story retail building, ready for immediate development or repurposing.**
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