$1,899,999
Updated 2 months ago
Off Market

Nolita Place Condominiums

199 Bowery, 2-D

Lower East Side, Manhattan | Delancey Street & Rivington Street

4 Rooms2 Beds2 Baths1,200 Square FeetCondo

$1,899,999
Common Charges$1,501
RE Taxes$1,351
Price Per SF
$1,583

Listing Features

  • Separate Dining Area
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Galley
  • Windowed Kitchen
  • Wine Cooler
  • En Suite Bathroom
  • Marble Bathroom
  • Stall Shower

Outdoor space and views

  • Terrace [250 SF]
  • City Views
  • Skyline Views
  • East Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 199 Bowery, 2-D

199 Bowery, Residence 2D - Investor-Friendly, Tenant Occupied Condo Offering Strong Income

Residence 2D at 199 Bowery presents a rare opportunity to acquire a high-performing, tenantoccupied condominium in one of downtown's most dynamic neighborhoods. Currently leased at $8,300 per month, this spacious two-bedroom, two-bath home delivers immediate, reliable income with tenants responsible for gas, electric, and cable, while heat and hot water are included-a highly favorable expense structure for any investor.

This approx. 1,200 sq ft residence features a generous layout, contemporary finishes, and a coveted private terrace, offering indoor-outdoor living in the heart of Nolita/Lower East Side. The home sits within Nolita Place, a fullservice condominium known for its concierge, fitness center, and landscaped roof deck.

Key Highlights

  • Tenantoccupied; $8,300/month rental income

  • Tenants pay gas, electric, and cable

  • Heat and hot water included

  • Approx. 1,200 sq ft, 2 bedrooms, 2 bathrooms

  • Private terrace

  • Fullservice condo with amenities

  • Prime Bowery location near world-class dining, shopping, and transportation

A turnkey investment with strong cash flow and minimal operating obligations, Residence 2D is an exceptional opportunity for investors seeking stability, appreciation potential, and a premier downtown address.


Listing History for 199 Bowery, 2-D

Now
07/06/2026
TOM by Danielle Lacko
Douglas Elliman
04/08/2026
$1,899,999
Initial Price by Danielle Lacko
Douglas Elliman

Building Details for 199 Bowery

OwnershipCondo
Building TypeMid-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2001
Financing Allowed90%
Floors/Apts12/63
Learn More About the Building

Transit and Citi Bike

Subway

Bowery
0.06 miles
Grand St
0.2 miles
Spring St
0.21 miles
2 Av
0.25 miles
Prince St
0.31 miles

Citi Bike

Kenmare St & Elizabeth St
0.08 miles
Rivington St & Chrystie St
0.08 miles

Contact Agent

Contact Agent

Danielle Lacko
Douglas Elliman

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: 267077