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    159 Bowery New York, NY 10002

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    For Lease
    Contact for pricing

    New retail development with high-end finishes and natural light.

    Property size:
    1,740 SF
    Lot size:
    0.04 Acres

    Property Features for 159 Bowery

    General Information

    Size
    1,740 SF
    Lot size
    0.04 Acres

    Source: Isaacs And Company Commercial Real Estate Agent Jeremy Aidan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Retail Space on Bowery

    This is a brand new, modern retail development featuring high-end finishes. The property offers retail space with an all-glass storefront, promoting large amounts of natural light. Floors can be leased separately or together. It is located on a popular stretch of Bowery, steps from the Grand Street subway station, which services over 7 million annual riders, and the Bowery subway station. The surrounding area boasts an average household income of over $100,000. The property is in close proximity to Essex Crossing, a mixed-use development with 1.8 million square feet of retail, residential, and commercial space. The neighborhood includes tenants such as Supreme, Sel Rrose, Wayan, The Moxy Hotel, and Citizen M. All uses are considered for this 1740-square-foot space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Unitedhealthcare Mental Health Service

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9941089
    Latitude
    40.7196133

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    FAQs

    What type of property is this?
    Retail space - New retail development with high-end finishes and natural light.
    Where is this retail space located?
    The property is located at 159 Bowery New York, NY.
    What are key features of this property?
    This property features: - Brand new modern development with high-end finishes.; - Prime location on the Bowery's hottest stretch.; - All glass storefront promoting large amounts of natural light.
    (212) 966-5500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159 Bowery New York, NY 10002
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