78 Bowery 17,250 SF 100% Leased 4-Star Office Building New York, NY 10013 $17,169,816 CAD ($995.35 CAD/SF) 6.83% Cap Rate

A Modern Trophy Building in the Heart of Chinatown Completed in 2018, 78 Bowery presents a rare opportunity to own a new-construction, mixed-use commercial building in one of Manhattan’s most dynamic and culturally vibrant corridors. This modern steel-and-concrete structure stands proudly along the iconic Bowery, offering investors and owner-users a trophy-quality asset with exceptional visibility, accessibility, and long-term value. Strategically located at the gateway between Chinatown, Nolita, and the Lower East Side, the property benefits from constant foot traffic, strong demographics, and proximity to major transit lines—making it an ideal choice for retail, office, medical, or creative tenants seeking a high-profile downtown presence.
PROPERTY HIGHLIGHTS:
Year Built: 2018 Building Size: Approx. 17,250 SF Lot Size: Approx. 2,529 SF (25 ft × 100 ft) Zoning: C6-1G (Commercial / Mixed Use) Stories: 8 floors + full basement
Construction: Modern concrete & steel structure with elevator Frontage: 25 feet along Bowery
LAYOUT OVERVIEW:
Ground Floor Prime retail space featuring a full glass storefront with exceptional street exposure—ideal for flagship retail, showroom, or restaurant use.
2nd – 8th Floors Contemporary office floors offering flexible open layouts and excellent natural light. Elevator with direct floor access Front and rear balconies on floors 3–8 High ceilings and column-free layouts suitable for office, medical, education, or creative tenants
9th Floor / Rooftop Terrace Expansive private rooftop terrace showcasing panoramic views of Midtown Manhattan—perfect for corporate events, receptions, or wellness activities.
Basement Finished utility and storage area with elevator access; ideal for mechanical systems, additional storage, or support space.
KEY FEATURES:
Fully sprinklered building with ADA-compliant elevator access Oversized windows throughout for abundant natural light New mechanical, electrical, and plumbing systems Turnkey condition — minimal capital expenditure required Modern façade and efficient design providing strong curb appeal Unmatched location steps from Canal Street, Manhattan Bridge, Grand Street, and major subway lines (J/Z, B/D, N/Q/R, 6) Surrounded by restaurants, hotels, art galleries, and boutique offices.
INVESTMENT SUMMARY:
78 Bowery offers discerning investors and owner-users a rare combination of modern construction, premier location, and flexible usability. With its newer build, strong tenant appeal, and limited supply of comparable assets in the downtown market, this property stands as a premier long-term hold or flagship opportunity. Ideal for:
Family offices and private investors
Owner-occupants seeking a headquarters location
1031 Exchange buyers Institutional or cross-border investors targeting Manhattan commercial assets