26 Bowery New York, NY 10013-5159
Property profile & analytics
26 Bowery New York, NY 10013-5159
- Retail residential properties
- 11,565 SF
- 0.06 lot acres
Property ID
US63-3166023
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Central Party Rentals of NYC / Party Supply Store / Rental Equipment Company
Property Details for 26 Bowery
- Year built
- 1920
- Lot size
- 0.06 lot acres
- Property size
- 11,565 SF
- Zone code
- C6-1
- Property type
- Retail residential properties
- APN
- 00163-0035
- APU
- 1630035
Description
This bankruptcy sale presents a unique opportunity to acquire a mixed-use property at 26 Bowery in Manhattan's vibrant Chinatown. The 13,727 square foot, five-story walk-up building boasts a prominent 23-foot frontage on Bowery Street, a location experiencing high foot traffic and approximately 18,000 vehicles daily. The property, built in 1920, is currently vacant and zoned C6-1, presenting significant potential for substantial rehabilitation. The building comprises three floors of retail/commercial space (formerly occupied by a McDonald's), spanning the basement, ground floor, and second floor. Residential units occupy the third through fifth floors, totaling five units. This prime location offers excellent public transportation access, with nearby B, D, 4, 6, J, and Z subway lines. The lot size is 2,342 square feet, and available air rights total 2,487 square feet. The asking price is $3,750,000, with a price per square foot of $273.18. The auction is scheduled for October 31, 2024, at 2:30 PM Eastern Time, with a bid deadline of October 30, 2024, at 5:00 PM Eastern Time. The opening bid is $3,750,000, subject to bankruptcy court approval. Don't miss this chance to own a piece of Manhattan's history and capitalize on its future potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,145,000
- 6.5%
- $5,670,000
- 7%
- $5,265,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9973
- Latitude
- 40.715
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$121,114
$160,200
$1,194,750
$1,354,950
-
$356,000
$2,185,000
$2,541,000
