# 126 Pearl Street, Manhattan

Commercial · built c. 1920 · Block 31, Lot 10.

On Umarelli: https://umarelli.org/nyc/1000310010/126-pearl-street

More construction in Financial District: https://umarelli.org/nyc/manhattan/financial-district.md

## Building permits

- New Building — Mid-Rise, filed Aug 30, 2021, 10 units, 18 stories, described as “Construct new eighteen (18) story mixed use building.”
- Alteration, filed May 20, 2021, estimated cost $203K, described as “PAA filed to update drawings and asbestos filing method.”
- Alteration, filed Jan 19, 2018, estimated cost $130, described as “Install non-illuminated sign on wall (barclay rex)”

## Property taxes

- Assessment: $842,400
- 2026–27 tax: $82,509
- Market value (city estimate): $1,872,000
- Taxable value: $760,590
- Assessed land: $297,000
- Assessed improvements: $545,400

## Zoning

C5-5: floor area ratio 3.64 built, 15.00 allowed by base zoning.

## Recent sales

- Dec 18, 2020: $5,700,000, 6,800 sq ft ($838 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology