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Property profile & analytics

261 Bowery New York, NY 10012

  • Retail residential properties
  • 4,899 SF
  • 0.06 lot acres
For Lease
Last Sale
Jun 26, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-2814583
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.

Current Use by Public Records

  • Advanced Kitchen Inc / Big Box & Wholesale Store
  • TONY JANNETTI / MEDIA WALL DESIGN / Marketing & Advertising / (Bike/Boat/Book/etc) Store

Property Details for 261 Bowery

Year built
1910
Lot size
0.06 lot acres
Property size
4,899 SF
Zone code
C6-1
Property type
Retail residential properties
APN
00427-0009
APU
4270009

Description

This exceptional 2,500-square-foot retail space is ideally situated at 261 Bowery in the vibrant heart of New York City's Lower East Side, within New York County. The property offers a unique opportunity for a single tenant to establish a prominent presence in a high-traffic area. Currently entirely vacant, this space presents a blank canvas for a discerning business to customize and develop to its exact specifications. The building's total square footage mirrors the available space, ensuring complete control and exclusivity for the tenant. The address, 261 Bowery, places the property within a dynamic and densely populated neighborhood, offering significant foot traffic and visibility. This is a single-tenant occupancy, eliminating the complexities of multi-tenant management. The property's location in New York County, New York, with a zip code of 10002, provides easy access to various transportation options and a diverse customer base. This is an unparalleled opportunity to secure a prime retail location in one of New York City's most sought-after neighborhoods. The property's size and location make it suitable for a wide range of retail businesses seeking a high-impact presence. The completely vacant space allows for complete design flexibility, enabling a tenant to create a truly bespoke retail environment. This is a rare chance to acquire a significant retail footprint in a dynamic and rapidly evolving area of Manhattan.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9925
Latitude
40.7233
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
$46,863
$180,000
$262,440
$442,440
-
$400,000
$588,000
$988,000
More about this property
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