# 175 Pearl Street, Brooklyn

Commercial · built c. 1918 · Block 87, Lot 5.

On Umarelli: https://umarelli.org/nyc/3000870005/175-pearl-street

More construction in Downtown Brooklyn: https://umarelli.org/nyc/brooklyn/downtown-brooklyn.md

## Building permits

- Alteration, filed Aug 20, 2026, estimated cost $6K, described as “Installation of temporary personnel hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 17, 2025, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 16, 2025, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 15, 2025, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Major Renovation — Conversion, filed Sep 30, 2024, estimated cost $53.9M, 184 units added, 18 stories, described as “Proposed 23 story mixed-use building, vertical enlargement.”
- Alteration, filed Jul 31, 2024, estimated cost $370K, described as “Application filed herewith to perform demolition of walls and ceiling as indicated on drawings in conjunction with altco application number B01101684, remove excess debris, cap/remove all piping and mechanical systems.”
- Alteration, filed Nov 11, 2021, estimated cost $35K, described as “General construction on the 4th floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Nov 11, 2021, estimated cost $4K, described as “Mechanical modifications on the 4th floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Nov 11, 2021, estimated cost $3K, described as “Sprinkler modifications on the 4th floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 11, 2020, estimated cost $645K, described as “Mechanical modifications to the 7th and 8th floor as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 11, 2020, estimated cost $140K, described as “Plumbing modifications to the 7th and 8th floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 10, 2020, estimated cost $127K, described as “Sprinkler modification to the 7th and 8th floor as per plans filed herewith. No change in use, egress of occupancy.”
- Alteration, filed Jan 10, 2020, estimated cost $40K, described as “Structural modification to the 7th, 8th and Roof floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Nov 25, 2019, estimated cost $55K, described as “Modification to the mechanical system on the 7th floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Nov 25, 2019, estimated cost $18K, described as “Modification to the sprinkler system as per plans filed herewith. No change in use, egress or occupancy.”
- No Work, filed Jun 7, 2019, described as “Lecture with light refreshments”
- No Work, filed Jun 6, 2019, described as “Lecture with light refreshments”
- Alteration, filed Mar 18, 2019, estimated cost $396, described as “Erect a non-illuminated business accessory blade sign. No change in use, egress or occupancy.”
- Alteration, filed Apr 23, 2018, estimated cost $27K, described as “Installation of scaffold as per drawings. Scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Apr 23, 2018, estimated cost $46K, described as “Installation of heavy duty sidewalk shed during building alteration, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 11, 2017, estimated cost $1K, described as “Filing herewith installation of construction fence as indicated on plans”

## Property taxes

- Assessment: $20,434,950
- 2026–27 tax: $2,174,702
- Market value (city estimate): $45,411,000
- Taxable value: $20,047,030
- Assessed land: $1,670,850
- Assessed improvements: $18,764,100

## Zoning

M1-6/R10: floor area ratio 8.72 built, 10.00 allowed by base zoning.

## Recent sales

- May 29, 2024: $66,500,000
- Mar 31, 2017: $102,873,750

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 90 Sands Plaza - Design Change Certification (City Planning 2025K0132): Certification, Completed, filed Apr 1, 2025, decided Dec 4, 2025. A Certification pursuant to ZR 37-625 (Design Changes) in connection with an existing 7,600-sf plaza is being requested by a private applicant, 90 Sands Street Housing Development Fund Corp. at 90 Sands Street, in the DUMBO neighborhood,…
- 90 Sands Street (City Planning 2019K0320): Completed, filed Aug 16, 2019, decided Jun 26, 2020. A zoning map amendment to change an existing M1-6 district to a mixed-use MX (M1-6/R10) district, and a zoning text amendment to Appendix F to map an MIH area to facilitate the conversion of an existing 29-story building to a community…

## In the news

[Office-To-Residential Conversion Underway at 175 Pearl Street in DUMBO, Brooklyn](https://newyorkyimby.com/2026/04/office-to-residential-conversion-underway-at-175-pearl-street-in-dumbo-brooklyn.html), New York YIMBY, Apr 20, 2026.

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