Block-Through Development
For Sale
Contact for pricing
Pending
78 Pearl St, New York, NY 10004
Block-through site with frontage on Pearl Street and Water Street, including a vacant land lot and vacant building.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market408
Property Features for 78 Pearl St
General Information
Standard status
Pending
Lot size
0.23 Acres
Property subtype
Land
Zoning
C5-5 (R10), LM
Listing Agency:
BKREA
Listed By:
Nick Tuleu · License #10401392738
(504) 909-2316
Source:
Crexi
Added: Jul 28, 2025
Changed: Aug 14
Last Checked: Aug 14 at 7:56AM
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 BKREA
Investment Insights
Based on property information with market context.
This block-through development site includes two parcels: vacant land (Block 30, Lot 4) and a vacant building (Block 30, Lot 5). The irregular, block-through footprint provides design flexibility for redevelopment or conversion/enlargement. The property totals approximately 10,180 square feet, with frontage of 89.37 feet on Pearl Street and 54.46 feet on Water Street, and a maximum depth of 138.29 feet.
The site is located in the Special Lower Manhattan (LM) zoning district and is zoned C5-5 (R10). As-of-right uses include residential, commercial, hotel, and retail. Residential FAR is 10.0 base and 12.0 with Universal Affordability Preference (UAP), while commercial development is up to 15.0 FAR. Developers may also purchase up to 2.0 additional FAR (approximately 20,360 SF) of offsite UAP rights to increase total residential development.
Set in the Financial District between Coenties Slip and Hanover Square, the location offers access to multiple nearby subway lines and is surrounded by restaurants, hotels, waterfront attractions, and major office buildings.
The site is located in the Special Lower Manhattan (LM) zoning district and is zoned C5-5 (R10). As-of-right uses include residential, commercial, hotel, and retail. Residential FAR is 10.0 base and 12.0 with Universal Affordability Preference (UAP), while commercial development is up to 15.0 FAR. Developers may also purchase up to 2.0 additional FAR (approximately 20,360 SF) of offsite UAP rights to increase total residential development.
Set in the Financial District between Coenties Slip and Hanover Square, the location offers access to multiple nearby subway lines and is surrounded by restaurants, hotels, waterfront attractions, and major office buildings.
Key Highlights
- Block‑through mixed‑use development site spanning from Pearl St to Water St between Coenties Slip and Hanover Square
- Includes Block 30, Lots 4 (vacant land) and 5 (vacant building) in the Financial District
- Approx. 10,180 SF total lot size with 89.37 ft frontage on Pearl St and 54.46 ft frontage on Water St
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
23,448
Businesses Nearby
Explore this area
Business Placement
Demographics for 10004, NY
4,287
Population
2,146
Households
2
Avg Household Size
35
Median Age
91%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
8,574
Density / Sq Mi
$220,592
Median Household Income
$136,348
Median Earnings
$3,501
Median Rent
$1,866,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Block-through site with frontage on Pearl Street and Water Street, including a vacant land lot and vacant building.
Where is this commercial land located?
The property is located at 78 Pearl St New York, NY.
What are key features of this property?
This property features: Block‑through mixed‑use development site spanning from Pearl St to Water St between Coenties Slip and Hanover Square; Includes Block 30, Lots 4 (vacant land) and 5 (vacant building) in the Financial District; Approx. 10,180 SF total lot size with 89.37 ft frontage on Pearl St and 54.46 ft frontage on Water St
