$1,999,999
$300K PRICE DROP

Estimated payment $14,063/month

Total Views 8,229
2 Beds
2 Baths
1,200 Sq Ft
$1,667 Price per Sq Ft

Highlights

  • Concierge
  • 1-minute walk to Bowery
  • City View
  • P.S. 110 Florence Nightingale Rated A
  • Rooftop Deck
  • 3-minute walk to DeSalvio Playground

About This Home

Exceptional Investment Opportunity - Future Possession at 199 Bowery, Apt 2D

Nestled in the stylish heart of Nolita, Apartment 2D at 199 Bowery offers a rare and highly desirable investment opportunity in one of Manhattan's most vibrant and internationally coveted neighborhoods. This tenant-occupied residence allows for future possession in 2026, giving investors and forward-planning buyers an opportunity to purchase a premium asset in a location renowned for its cultural cachet and enduring value.

Apartment Features:

2 Bedrooms, 2 Bathrooms across approximately 1,200 sq ft of meticulously renovated living space Expansive 250 sq ft landscaped PRIVATE terrace with panoramic skyline views-ideal for peaceful solitude or lively gatherings Open-concept eat-in kitchen anchored by a large island, featuring high-end appliances including a wine fridge washer dryer unit and dishwasher Seamless indoor-outdoor flow that elevates the living experience with urban elegance

Building Amenities:

Full-time doorman & concierge Fitness center, roof deck, elevator access Pet-friendly, pied-à-terre permitted

Neighborhood Appeal:

Located in Nolita, a hub of world-class dining, boutique shopping, and dynamic city energy Offers strong rental appeal and long-term growth potential Easy access to multiple subway lines and surrounding downtown neighborhoods

Investment Highlights:

investor friendly Option to purchase as a strategic long-term investment or secure future personal use It is "currently" tenant occupied with rent of $8,250 per month/ $99,000 per annum , with annual rent escalation lease options.( Please inquire with agent for lease options and escalation schedule).

Whether you're expanding a portfolio or planning your next chapter in Manhattan, 199 Bowery #2D promises upside, elegance, and unrivaled location.

Listing Agent

Danielle Lacko

Douglas Elliman Real Estate License #10401224991 Listed on: 05/08/2025

Douglas Elliman Real Estate

Co-Listing Agent

Honda Jayathialke

Douglas Elliman Real Estate License #10401295748

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $1,501 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,200 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Property is in excellent condition
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1105 / 00425

Community Details

Overview

  • 65 Units
  • High-Rise Condominium
  • Nolita Place Condos
  • Lower East Side Subdivision
  • 12-Story Property

Amenities

  • Concierge
  • Rooftop Deck

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,501 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 2
  • Structure Type: High Rise
  • Pets No Pets Comments: Case By Case,Building Pets Allowed Comments:Case By Case
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Fireplace: No
  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: Building Roof Deck, None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Concierge, Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1501.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: C6-1

Building Info

  • New Construction: No
  • Building Name: Nolita Place
  • Units: 65
  • Total Stories: 12
  • Year Built: 2001

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00425
  • Tax Lot: 1105

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,999,999 0.0% $1,667 / Sq Ft
05/17/2025 05/17/25 Rented $8,250 0.0% --
05/08/2025 05/08/25 For Sale $2,300,000 0.0% $1,917 / Sq Ft
04/16/2025 04/16/25 Price Changed $9,000 +5.9% --
04/10/2025 04/10/25 For Rent $8,500 +6.3% --
03/25/2025 03/25/25 Rented $7,999 0.0% --
03/18/2025 03/18/25 Price Changed $7,999 -11.1% --
03/14/2025 03/14/25 Price Changed $8,999 +5.9% --
03/03/2025 03/03/25 Price Changed $8,499 -4.5% --
02/26/2025 02/26/25 Price Changed $8,900 -6.3% --
01/02/2025 01/02/25 For Rent $9,500 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20026359

Real Estate Board of New York (REBNY)