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    89 Bowery New York, NY 10002

    For Sale
    $2,090,000

    Prime medical office space in the heart of Downtown Manhattan.

    Lot size:
    0.07 Acres

    Property Features for 89 Bowery

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2020

    Source: Winzone Realty Inc Agent Lawrence Gao

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

    Overview

    Downtown Manhattan Medical Office Space

    This property offers 3000+- sqft of medical office space in Downtown Manhattan. The space features a modern, airy design with natural light, private bathrooms, and elevator access. Located off Canal Street on Bowery Avenue, the property benefits from strong zoning regulations and a strategic location. The surrounding area includes retail businesses such as Starbucks, Nike, and Whole Foods, as well as major banks and hotels. The layout can be customized to accommodate various business needs, including open-concept workspaces or private offices. This property is suitable for investors, developers, and entrepreneurs looking for space in a commercial landscape.
    Location Intelligence

    Current Use by Public Records

    Kong Man Center ... Book Store Dr. Nancy Ma Dentist Dr. Christopher Wong ... Dentist 18 Pharmacy Inc Pharmacy Chaung Frank DDS Dentist

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Similar Places Nearby

    Eye Care For Animals NYC, VetClinic New York, Bond Vet - Financial District, CurePet, Seaport Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9953367
    Latitude
    40.7170074

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    FAQs

    What type of property is this?
    Medical office - Prime medical office space in the heart of Downtown Manhattan.
    Where is this medical office located?
    The property is located at 89 Bowery New York, NY.
    What is the asking price?
    The asking price for this property is $2,090,000.
    What are key features of this property?
    This property features: - Prime medical office space in Downtown Manhattan.; - Strategic location off Canal Street on Bowery Avenue.; - Modern, airy design with abundant natural light.
    (917) 669-7778
    Request Owner's contact information
    89 Bowery New York, NY 10002
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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
    89 Bowery New York, NY 10002
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