257 Bowery - Specialty FOR SALE


New York, NY 10002- Bowery
$26,500,000 USD
212-984-6613
257 Bowery, New York, NY for Sale
$26,500,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

257 Bowery
New York, NY 10002
Bowery


HIGHLIGHTS

  • One-of-a-Kind Building.
  • Turnkey Functionality.
  • Outstanding Owner-User Opportunity.

OVERVIEW

CBRE is pleased to present the exclusive offering of 257 Bowery, an iconic, award-winning asset in the heart of SoHo’s thriving art and cultural corridor. Completed in 2010 and designed by Foster + Partners, this eight-story, 13,675 SF building is celebrated for its architectural excellence, including the RIBA International Award and MASterworks Award. The property currently serves as the prestigious Sperone Westwater Gallery. The highly functional layout features five exhibition floors—highlighted by a signature 12×20 foot moving exhibition room—and three upper floors dedicated to gallery offices with a private sculpture terrace. Located between Houston and Stanton Streets, 257 Bowery offers a rare opportunity to acquire a globally recognized, architecturally significant landmark. This versatile asset is ideal for continued gallery use, flagship retail, boutique office space, or institutional purposes within one of Manhattan’s most dynamic creative districts.

FOR SALE DETAILS

PRICE

$26,500,000 USD

PRICE/SF

$1,938 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

A

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C6-1

APN/PARCEL ID

0427-0007

ASK ABOUT THIS PROPERTY

Clay FaughtCBREMore Info
212-984-6613

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Clay FaughtCBREMore Info
212-984-6613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.