160 Pearl Street

160 Pearl St
Financial District

$20,000,000
Price
4,343 / 0.10
Lot Size / Acres
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Listed By Compass
Listed By Compass

Description

We are happy to introduce, for ground lease or sale, 160 Pearl Street -- a prime development opportunity in the Financial District. This 22,614 SF six-story building sits on a 4,343 square foot lot and offers a maximum of 65,145 buildable square feet.
With C5-5 (R10 equivalent)/LM zoning, the property has a residential FAR of 12 (including the recreation bonus) allowing for 52,116 BSF as of right, which can be increased to 62,477 BSF by purchasing the neighboring air rights. The commercial FAR of...We are happy to introduce, for ground lease or sale, 160 Pearl Street -- a prime development opportunity in the Financial District. This 22,614 SF six-story building sits on a 4,343 square foot lot and offers a maximum of 65,145 buildable square feet.

With C5-5 (R10 equivalent)/LM zoning, the property has a residential FAR of 12 (including the recreation bonus) allowing for 52,116 BSF as of right, which can be increased to 62,477 BSF by purchasing the neighboring air rights. The commercial FAR of 15 entails a maximum of 65,145 BSF between residential and commercial uses. Positioned amidst the thriving FiDi market, which has condo sales ranging from $2,500 per square foot, and rentals from $100 per square foot, 160 Pearl Street is a lucrative canvas for a value-add investor or an end-user.

Ownership is open to various proposals that reflect the unique nature of this property, including but not limited to a ground lease or financing options. This flexibility, combined with the building’s exceptional location and development potential, makes 160 Pearl Street an unparalleled mixed-use opportunity for a creative developer.

Feel free to reach out with any questions.

Listing Agents

  1. Nathan Horne

    Nathan Horne

    Listing Agent

    Compass

    nathan.horne@compass.com

    P: (706)-255-5657

    CallTextEmail
  2. Gregg Haft

    Gregg Haft

    Alternative Listing Agent

    Compass

    gregg.haft@compass.com

    P: (917)-833-5059

    CallTextEmail

Amenities

  • Midrise
LISTING UPDATED: 03/05/2026 08:58 AM

Property Details for 160 Pearl Street

StatusActive
Days on Market98
Taxes$18,025 / month
Maintenance-
Min. Down Pymt-
Total Rooms-
Property TypeLand
MLS Type-
Year Built1900
Lot Size4,343 SF / 47' x 98'
CountyNew York County

Building

160 Pearl St

8 Units6 StoriesBuilt in 1900
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Location

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Building Information for 160 Pearl Street

Lot Size4,343 SF / 47' x 98'Building Age-Building Type-

Payment Calculator

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$118,735 per month

30 year fixed, 6.46% Interest

Principal and Interest

$100,710

Property Taxes

$18,025

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 160 Pearl Street

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Price Change

Manual

$20,000,000—
Feb 1, 2026

Listed (Active)

Manual

$22,000,000—
DateEvent & SourcePrice
03/05/2026

Price Change

Manual

$20,000,000
02/01/2026

Listed (Active)

Manual

$22,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 160 Pearl Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Peck Slip School (The)
Public - PK to 5
Jhs 104 Simon Baruch
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
Peck Slip School (The)
PublicPK to 5

Jhs 104 Simon Baruch
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Financial District
Financial District
A bustling hub for business and commerce. Fast-paced during the day and calm and clear at night, the Financial District is both a bustling financial hub and a residential catch. Convenient transportation, a reasonably-priced rental market, and fun attractions like South Street Seaport and the...
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More information about 160 Pearl Street, Financial District

160 Pearl Street is a 0.10 ac of land for sale in Financial District. This property was listed for sale on February 1, 2026 by Compass, it's currently listed at $20,000,000. This listing's school district is New York City Geographic District # 2. Nearby schools include Peck Slip School (The), Jhs 104 Simon Baruch and Nyc Lab Ms For Collaborative Studies. 160 Pearl Street is a 0-bed, 0-bath, 22,614 sqft 0.10 ac of land built in 1900 on a 4,343 sq. ft. / 0.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.