$6,750,000
For Sale
4,900 ft²
$1,377 per ft²
20 rooms
6 beds
3 baths
Multifamily home
- Lower East Side
Resale
This home has been saved by 23 users.
Listing by Baseline Real Estate Advisors, Real Estate Principal Office, 224 Huntingto Bay Road, Huntington, NY 11743-1333
Days on market
101 days
Last price change
No changes
Estimated payment
$40,319/mo
Taxes
$3,898/mo
Common charges
Not applicable
Tax abatement
No info
About
Seller’s agent
description
6.75% CAP Rate Existing.
All Free Market
15,000 Buildable Square Feet Total
10,000 SF of Air Rights Remain
Fully Renovated Luxurious Apartments
Turn Key Asset
Policies
Sorry, policy info isn’t available right now. Check back later.
Home features
No info on home features
Building amenities
Services and facilities
No info on services and facilities
Wellness and recreation
No info on wellness and recreation
Shared outdoor space
Courtyard
Roof deck
About the building
261 Bowery
261 Bowery, New York, NY 10002
2 units
3 stories
1910 built
For sale
1 available units for saleFor rent
0 available units for rentDocuments and permits
View documents and permitsProperty history
Prices shown are base rent only and don't include any fees. See listing description for breakdown of costs and fees.
Date | Price | Event |
---|---|---|
5/6/2025 | $6,750,000 | Price decreased by 4% |
3/12/2025 | $6,995,000 | Listed by Baseline Real Estate Advisors |
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Explore Lower East Side
Transit
Location | Distance |
---|---|
| under 500 feet |
| 0.18 miles |
| 0.21 miles |
| 0.22 miles |
| 0.24 miles |
About Lower East Side
Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.
SalesMedian asking price
6 beds
$5.08M
RentalsMedian asking base rent
6 beds
$11,500
The narrow streets of the Lower East Side were once lined with tenement buildings, shirt factories and bialy shops. Although a few vestiges of the neighborhood's immigrant heritage remain, many of the tenement buildings have been updated and now offer relatively affordable rental options to young New Yorkers looking to live right in the thick of Downtown Manhattan.
There's no getting around it - the LES is a major nightlife destination. In this part of the city, last call is late and often negotiable -- especially if you're a regular. On weekend nights, the neighborhood is packed as crowds overflow from the local bars and take to the streets in search of a late-night falafel fix before heading onto the next party. During the day, the neighborhood chills out as residents nurse their hangovers or head to work slowly after stopping at one of the area's many trendy juice bars or coffee shops.