78 BoweryNew York, NY 10013

Property Details for 78 Bowery

Year built

1915

Lot size

0.06 AC

Property size (Sq ft)

14,697 SF

Zone code

C61G

Property type

Retail properties

Property subtype

Banks

APN

00203-0023

APU

2030023

Description

78 Bowery presents a unique opportunity to lease executive office space in a vibrant New York County location. This 7,200 square foot building offers four individual suites, each a minimum of 1,800 square feet and a maximum of 1,800 contiguous square feet. Currently, the entire building (7,200 square feet) is available for lease. The property is classified as both retail and office space, making it ideal for a variety of businesses seeking a high-profile address. The multiple tenancy structure allows for flexibility, catering to both established companies and startups. The building's location on Bowery places it within easy reach of numerous amenities, transportation options, and a thriving business community. This is an exceptional opportunity to secure a prominent presence in a sought-after New York City neighborhood. The entire space is immediately available, offering a turnkey solution for businesses seeking a move-in ready office environment. Interested parties are encouraged to inquire about lease terms and conditions. The property's classification as both retail and office provides significant versatility for potential tenants. This prime location on Bowery offers unparalleled visibility and accessibility. Don't miss this chance to establish your business in this dynamic area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,571,884

  6.5%

  $3,297,124

  7%

  $3,061,615

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,839,182

  Geo Method

  $4,839,182

• Alternative Use

  Use

  Valuation

  Residential

  $2,781,247

  Hospitality

  $2,547,608

  Educational

  $2,119,580

  Medical

  $2,192,475

  Retail

  $3,297,124

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7169

Longitude

-73.996

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].