$5,000,000
Updated 6 years ago
Sold

159 Bowery

Lower East Side, Manhattan | Broome Street & Delancey Street

1,740 Square FeetMixed Use

$5,000,000
floors / apts3 / 1
Lot Size23'3"x74'8"
Built Size23'3" wide
ZoneC6-1G
Building TypeLow-Rise
RE Taxes$49,101
Price Per SF
$2,874

Property Description for 159 Bowery

159 Bowery is a ~4,252 SF building located on the east side of Bowery between Delancey and Broome Street. The building is located on one of the most active and evolving corridors in the city and is steps from multiple modes of transportation. It comes with an additional 6,187 SF of air rights or 7,057 SF if you build Community Facility. The building will be delivered vacant and is ideal for a multitude of developers, investors and users looking to acquire an asset in one of the strongest locations in the city.

Listing History for 159 Bowery

Now
05/21/2020
Sold and Closed by Andrew Berry
Cushman & Wakefield
05/21/2020
Contract Signed by Andrew Berry
Cushman & Wakefield

Building Details for 159 Bowery

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

Bowery
0.05 miles
Grand St
0.09 miles
Spring St
0.24 miles
Canal St
0.32 miles
Delancey St-Essex St
0.32 miles

Citi Bike

Kenmare St & Elizabeth St
0.08 miles
Forsyth St & Broome St
0.09 miles

Contact Agents

Contact Agents

Andrew Berry
Cushman & Wakefield
Mei Ling Wong
Cushman & Wakefield
Michael DeCheser
Cushman & Wakefield

Lower East Side | Manhattan

Quick Profile

Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.

The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past. 

While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 77734TH