55 Pitt St
New York, NY 10002
Retail Property For Sale

Positioned in the heart of Manhattan’s Lower East Side, 55 Pitt Street presents a rare opportunity for developers or end-users seeking a prime site with flexible zoning and strong upside potential. This one-story, 19-foot-wide commercial building sits on a 100-foot-deep lot and is currently vacant, offering immediate development or adaptive reuse potential.
Zoned R8A with a generous Floor Area Ratio (FAR) of 5.4, and up to 7.2 with inclusionary housing bonuses, the site allows for up to 11,587 buildable square feet. Developers can pursue a 100% residential project or a mixed-use configuration, with the option to grandfather the existing commercial use into future plans. The 120-foot height limit supports mid-rise construction, ideal for maximizing light, air, and views—especially given the site’s proximity to luxury developments like River Ridge Condos and 206-210 Delancey Street.
Located just steps from Delancey and Clinton Streets, the property benefits from excellent access to public transportation, vibrant retail corridors, and a dynamic residential community. This is a compelling opportunity to capitalize on the continued growth and transformation of the Lower East Side.