125 Fulton Street
Rare block-through development site in Manhattan's Financial District, 125 Fulton Street offers approximately 29,540 buildable square feet as-of-right (FAR 10.0) with potential to reach 35,448 square feet through Universal Affordability Preference certificates. The 2,954 SF lot (25' × 118') features dual frontage on Fulton Street and Ann Street, providing two points of access and exceptional design flexibility. Currently improved with a two-story restaurant generating immediate cash flow, the property includes a demolition clause enabling strategic timing on redevelopment.
Located steps from Fulton Street Station (A, C, J, Z, 2, 3, 4, 5 lines) and World Trade Center Station, the site sits in one of Lower Manhattan's most robust transit networks with easy access to FDR Drive, West Side Highway, and major bridges. The Financial District has transitioned into a thriving residential neighborhood with sustained demand, anchored by the World Trade Center campus, Oculus, 9/11 Memorial and Museum, and established cultural attractions. Population has grown from approximately 23,000 residents in 2000 to 70,000 in 2024, with 6,753 residential units built since 2020 alone.
The neighborhood offers an established dining and entertainment scene including Crown Shy, Nobu Downtown, Delmonico's, and Temple Court, complemented by casual options and waterfront parks. Stone Street provides concentrated nightlife, while Pier 17 and Brookfield Place host year-round cultural programming. The Financial District remains supply-constrained with virtually no vacant land remaining, creating a favorable environment for long-term rent growth and positioning new development to benefit from both immediate demand and durable pricing power.
- Rare block-through site with dual frontage on Fulton Street and Ann Street
- Approximately 29,540 buildable SF as-of-right; up to 35,448 SF with UAP certificates
- Steps from Fulton Street transit hub (8 subway lines) and World Trade Center Station
- Currently income-producing with two-story restaurant; demolition clause provides development flexibility
- Supply-constrained market with virtually no vacant land; favorable for long-term rent growth
- Established cultural, dining, and entertainment anchors including World Trade Center campus, Oculus, and 9/11 Memorial
Features & amenities
Location
Located in the heart of Manhattan's Financial District, 125 Fulton Street is ideally positioned near one of Lower Manhattan's most robust transit networks. The site sits block-through with dual frontage on Fulton Street and Ann Street, just steps from the Fulton Street Station (A, C, J, Z, 2, 3, 4, 5 lines) and nearby World Trade Center Station. The neighborhood has firmly transitioned into a residential area with sustained demand, driven by a growing population, unparalleled transit connectivity, and proximity to Midtown and Brooklyn.
- Rare block-through site with dual frontage on Fulton Street and Ann Street; steps from Fulton Street transit hub (8 subway lines); near World Trade Center, Oculus, 9/11 Memorial; established dining and entertainment scene; waterfront parks and promenades; easy access to FDR Drive and major bridges/tunnels.
Additional details
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Includes demolition clause providing flexibility to terminate tenancy and clear property for future development
Supply constrained market with virtually no vacant land remaining; limited ability to deliver new construction; favorable environment for long-term rent growth