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Three-Level Retail Condo Opportunity
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263 Bowery, New York, NY 10002

Three-level retail condo with a vacant ground-floor duplex and two fully occupied upper floors.

Property Size6,500 SF
Days on Market125

Property Features for 263 Bowery

General Information

Standard status Active
Size 6,500 SF
Property subtype Retail

Building Details

Stories 9
Listing Agency: GFI Realty Services LLC
Listed By: Roni Abudi · License #NY 30AB1023108
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GFI Realty Services LLC

Investment Insights

Based on property information with market context.

263 Bowery presents a 6,500 sf, three-level retail condo structured as a ground-floor duplex (including basement), plus second and third floors. The ground-floor retail unit is being delivered fully vacant, with leasing terms available to negotiate. The second and third floors each total 2,000 sf and are fully occupied.

Located in the Lower East Side, the property sits at the base of a recently constructed (9)-story luxury residential condominium along a major commercial thoroughfare. Bowery is a prominent retail corridor extending through Chinatown, the Lower East Side, and into the East Village.

As configured, this offering combines a repositioning opportunity at street level with ongoing income from the upper floors.

Key Highlights

  • 3‑level 6,500 SF retail condo on the Lower East Side, with ground‑floor duplex plus second and third floors
  • Ground‑floor 2,500 SF retail unit (including basement) is being delivered fully vacant; leasing terms can be negotiated
  • Second and third floors total 4,000 SF (2,000 SF each) and are fully occupied

Property Analytics

Current Use

Garber Legal Law Firm Color and Andy NY Hair Salon Liveable Loveable Colour Hair Salon Flower Delivery Financial ... Florist D & P 336 ... Church

Suggested Use

Top Pick Nursing Home Buffet Pet Grooming Service Auto Parts Store Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32,206
Businesses Nearby

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three-level retail condo with a vacant ground-floor duplex and two fully occupied upper floors.
Where is this retail space located?
The property is located at 263 Bowery New York, NY.
What are key features of this property?
This property features: 3‑level 6,500 SF retail condo on the Lower East Side, with ground‑floor duplex plus second and third floors; Ground‑floor 2,500 SF retail unit (including basement) is being delivered fully vacant; leasing terms can be negotiated; Second and third floors total 4,000 SF (2,000 SF each) and are fully occupied
More about this property
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