116 Elizabeth Street & 132 Bowery

132 Bowery, New York, NY 10013, USA

116 Elizabeth Street & 132 Bowery

132 Bowery, New York, NY 10013, USA

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Title Property Type Price Beds Baths Property Size Availability Date
sqft

Description

Marketing Description
Avison Young, engaged as exclusive agent for Ownership, is pleased to offer 132 Bowery and 116 Elizabeth Street in the Lower East Side neighborhood of Manhattan (“Property”) for sale. The offering consists of two adjacent properties providing the opportunity for block-through ownership in a highly desirable part of Lower Manhattan. 116 Elizabeth Street presents an opportunity to lease up a recently renovated office building, while 132 Bowery is a perfect development opportunity, allowing for the potential to build to 14,610± buildable square feet on a major thoroughfare that is quickly increasing in value.

Investment Highlights
116 Elizabeth Street presents an opportunity to lease up a recently renovated office building (15,527± RSF). $1.8 million gut renovations include new Mitsubishi HVAC units, a high-tech security system, a fully-renovated lobby, upgraded electrical systems and boilers, and new elevators.
132 Bowery is a perfect development opportunity, allowing for the potential to build to 14,610± buildable square feet with 24.81 feet of frontage on Bowery.

Details

Updated on July 29, 2019 at 1:10 pm
  • Property ID: 18765
  • Property Size: 26999 sqft
  • Property Type: Multi Family Home
  • Property Status: For Sale
  • Number of Buildings: 2
  • Number of Stories: 5

Additional details

  • Property Type: Multifamily, Office, Mixed Use, Development Site
  • Permitted Zoning: C6-1G, LI , C6-2G, LI
  • Lot Size (sq ft): 4,810
  • Address 132 Bowery, New York, NY 10013, USA
  • City New York
  • State/county New York
  • Zip/Postal Code 10013

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Contact Information

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James Nelson
  • James Nelson
  • 212.729.6585917.362.1485

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James Nelson
  • James Nelson