82 Pearl Street

Owner: Watermark Capital Group

Acquired: July 14, 2026, $19.5 million

Debt: July 14, 2026, $29 million

Built: 1929

Renovated: 2016

SF: 85,472

Dwelling units: 0

No. of buildings: 1

Class: Stores, Apartments Above (K4)

Floors: 11

Legacy BBLs: 1000300005.00000000

Transactions:

• Watermark Capital Group borrowed $29 million from Hakimian Partners for 46-48 Water Street and 78 Pearl Street, Financial District, Manhattan on July 14, 2026.

• Milstein Properties, Swig Equities and Weiler Arnow Management Company sold 46-48 Water Street, Financial District, Manhattan for $19.5 million to Watermark Capital Group on July 14, 2026.

Development:

• Lester Schwalb filed major alteration job 102634534 for COM building in Financial District, Manhattan, on May 30, 2000.

• Charlie Viera filed alteration job M01095245 for building in Financial District, Manhattan, on August 26, 2024.

• Charlie Viera filed alteration job M00958975 for 85,472 sqft building with 0 apartments in Financial District, Manhattan, on March 27, 2024.

• William Knight filed alteration job M00311348 for 85,472 sqft building with 3 apartments in Financial District, Manhattan, on February 07, 2020.

• William Knight filed alteration job M00264857 for 85,472 sqft building with 0 apartments in Financial District, Manhattan, on December 04, 2019.

• Nicholas Prezioso filed alteration job 140452203 for COM building with 3 apartments in Financial District, Manhattan, on January 22, 2016.

Violations:

According to city public data, the properties have received two DOB violations and $3,750 in ECB penalties in the last year.