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261 Bowery 3 Unit Apartment Building $9,581,121 CAD ($3,193,707 CAD/Unit) 6.11% Cap Rate New York, NY 10002
Executive Summary
6.11% Cap Rate.
Fully Leased and Renovated.
Reclassified as Tax Class 1, capping Tax Increases.
Luxurious renovated 3 Story Mixed Use Building.
Large Retail Space -Leased to Established Restaurant Tenant with 7 other NYC Locations
15,000 BSF Total. 10,000 SF of Air Rights Remain. Can be added on top of existing building.
~5,000 SF Above Grade
Fully Renovated Luxury Apartments with large private outdoor decks.
Property abuts the Public Hotel in the back
Located in Bowery/Nolita
Steps from national retailers and the B,D,F,M,R,W Trains.
Contact Michael@Baselinerealestate.com or 631-235-9741 for more information
Fully Leased and Renovated.
Reclassified as Tax Class 1, capping Tax Increases.
Luxurious renovated 3 Story Mixed Use Building.
Large Retail Space -Leased to Established Restaurant Tenant with 7 other NYC Locations
15,000 BSF Total. 10,000 SF of Air Rights Remain. Can be added on top of existing building.
~5,000 SF Above Grade
Fully Renovated Luxury Apartments with large private outdoor decks.
Property abuts the Public Hotel in the back
Located in Bowery/Nolita
Steps from national retailers and the B,D,F,M,R,W Trains.
Contact Michael@Baselinerealestate.com or 631-235-9741 for more information
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 0427-0009 | Improvements Assessment | $352,821 CAD |
| Land Assessment | $249,343 CAD | Total Assessment | $602,164 CAD |
Property Taxes
Parcel Number
0427-0009
Land Assessment
$249,343 CAD
Improvements Assessment
$352,821 CAD
Total Assessment
$602,164 CAD
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261 Bowery
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