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Property profile & analytics
FOR SALE
Medical Office Space

89 Bowery New York, NY 10002

Property ID
US63-Q019302
Property summary
AI-generated overview

PRIME CHINATOWN OWNER-USER OPPORTUNITY-OFFICE/MEDICAL/RETAIL/ALL TYPE OF BUSINESS CONDO. Here's a chance to own prime medical office space in the bustling heart of Downtown Manhattan. Spanning 2632 sqft., this property boasts a modern, airy design with plenty of natural light and convenient amenities like private bathrooms and elevator access. Benefiting from strong zoning regulations and a strategic location just off Canal Street on Bowery Avenue, this space offers immense potential for various businesses to flourish. Surrounded by a dynamic mix of retail giants like Starbucks, Nike, and Whole Foods, as well as major banks and hotels, you'll be part of a vibrant commercial landscape. With the flexibility to customize the layout to your preference, whether it's an open-concept workspace with cubicles or private offices, this property caters to diverse business needs. Don't miss out on the opportunity to make this coveted space the new home for your business venture in Downtown Manhattan!

Property profile
Verified
Property type Medical Office Space
UPID US63-Q019302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kong Man Center Inc (Bike/Boat/Book/etc) Store
  • Dr. Nancy Ma Dental Office
  • Dr. Christopher Wong DDS Dental Office
  • 18 Pharmacy Inc Pharmacy
  • Chaung Frank DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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