ONE WEST END, New York, New York
167 BOWERY, New York, New York
Prime Boutique Loft Building in the Heart of the Bowery
UPLAND PROPERTY ADVISORS, as exclusive agent, is pleased to offer for sale 167 Bowery (the “Property”), a boutique loft building situated along one of Manhattan’s most fashionable and rapidly evolving mixed-use corridors. Located on the east side of the Bowery between Broome and Delancey Streets, the existing four-story commercial loft structure comprises 28,736 square feet, with an additional 14,634 zoning square feet of available development rights. This offering presents an outstanding opportunity for a user/buyer, allowing a mid-sized business to own and occupy all or part of the building. The benefits of ownership include eliminating future leasing risk, building equity, and participating in future asset appreciation.
The Property is also very well positioned for future redevelopment, with value-add strategies that include (i) renovating the building for lease, (ii) adding floors above the existing structure, or (iii) creating a new ground-up development. This offering presents a rare opportunity to participate in the Bowery’s ongoing improvement at a manageable level of capital investment, with cash flow generated by the existing commercial tenants.
433 Fifth Avenue New York, NY
142 DUANE STREET, NYC
866 United Nations Plaza, New York, NY
738 BROADWAY, New York, NY
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