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126 Pearl St

Financial District, New York, NY
Total Size
6,800 sqft
Lot Size
1,867 sqft
Year Constructed
Year Renovated
Number of Buildings

About 126 Pearl St

The former Mercantile Grill at 126 Pearl Street in New York's Financial District is a fully vented restaurant space that may also interest companies looking to rent office space with a storefront in the busy Wall Street neighborhood.

The multi-level store at 126 Pearl Street in New York's Financial District is close to an abundance of bars and restaurants. The 4-story property is within easy walking distance of subway lines 2, 3, J, Z, 4 and 5, all accessible within a 25 minute walk.

Brimming with high-end restaurants, tourist hotels and luxury shops, New York's Financial District is also swarming with office workers looking for a great place to socialize after work. 126 Pearl Street could turn out to be a little gold mine!

Featuring two kitchens, a vented restaurant space and various levels on which to conduct retail business, this property was a successful family-run enterprise. The Mercantile Grill has opened under a new name just a few steps away, proving that this is a lucrative area for hospitality providers.

The lovely red and cream facade of 126 Pearl Street in New York makes a welcoming first impression and is highly decorative with its mock-gables.

Internet Providers for 126 Pearl St

Provider Technology Max Download Speed Max Upload Speed
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath Copper Wireline
6 Mb/s
6 Mb/s

The Neighborhood: Financial District

On average, listings lease in the $60's per square foot per year. The Financial District submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the New York City market, the Financial District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Financial District $66
Median Rate Median Size
New York City $65

Median Rate over Time in Financial District