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272 Bowery, New York, NY, 10012

272 Bowery

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Key Information

Tot. SF
6,715
Lot Size
0.05 Acres
Units
7
Year Built
1927
Type
Mixed Use

Highlights

• Positioned one block south of Houston Street at the convergence of Nolita, SoHo, and the Lower East Side, three of Downtown Manhattan’s strongest retail and residential submarkets.
• The Bowery continues its evolution into a destination retail, gallery, and hospitality corridor, anchored by the New Museum, boutique hotels, and an influx of national and luxury tenants.
• Steps from the B/D/F/M at Broadway-Lafayette, 6 at Bleecker Street, and J/Z at Bowery, with connectivity to all major employment centers.
• The retail space is occupied by Rainbow Kitchen Supplies, a well-established kitchenware and restaurant-supply business that has operated at the property since 2013, offering an investor immediate cash flow with upside.
• With protected Bowery frontage and strong existing retail income, 272 Bowery presents a rare opportunity to acquire a well-located mixed-use asset in one of Manhattan’s fastest-appreciating retail submarkets.
• Built in 1927, the building consists of four stories with six residential units above a prime ground-floor retail unit plus basement.
• Available Air Rights (SF) 1,060

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017