Nolita Place 199 Bowery Unit 2D Floor 2 New York, NY 10002
Bowery NeighborhoodEstimated payment $13,492/month
Highlights
- Concierge
- 2-minute walk to Bowery
- City View
- P.S. 110 Florence Nightingale Rated A
- Rooftop Deck
- 3-minute walk to Elizabeth Street Garden
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 eleganceBuilding Amenities:
Full-time doorman & concierge Fitness center, roof deck, elevator access Pet-friendly, pied-à-terre permittedNeighborhood 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 neighborhoodsInvestment 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,023
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
Utilities
- 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
Map
About Nolita Place
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,023 | $143,783 | $18,888 | $124,895 |
| 2024 | $18,023 | $144,158 | $18,888 | $125,270 |
| 2023 | $17,346 | $141,400 | $18,888 | $122,512 |
| 2022 | $17,778 | $148,974 | $18,888 | $130,086 |
| 2021 | $16,976 | $138,389 | $18,888 | $119,501 |
| 2020 | $17,067 | $153,215 | $18,888 | $134,327 |
| 2019 | $16,165 | $149,769 | $18,888 | $130,881 |
| 2018 | $15,599 | $149,731 | $18,888 | $130,843 |
| 2017 | $14,557 | $124,216 | $18,889 | $105,327 |
| 2016 | $14,219 | $125,541 | $18,888 | $106,653 |
| 2015 | $8,351 | $110,241 | $18,888 | $91,353 |
| 2014 | $8,351 | $103,510 | $18,888 | $84,622 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Price Changed | $1,999,999 | -13.0% | $1,667 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $2,300,000 | -- | $1,917 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | -- | |
| Deed | -- | -- | |
| Deed | $901,151 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Purchase Money Mortgage | |
| Previous Owner | $499,990 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20026359
APN: 0425-1105
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