250 Bowery

250 Bowery is a condo located 250 Bowery, in NoLita, New York. The building was first built in 2010 and is 14 years old. The lot that the building was built on is 21 feet wide and 91 feet long. The official lot area is listed as 7,685 square feet. The building itself is 83 feet wide and 93 feet long. In total, 250 Bowery has a total floor area of 34,610 square feet. Of that, 23,704 square feet are used for residential purposes. About 10,906 square feet of the building are used for commercial purposes. There are a total of 27 units. Of those, 24 are residential units. There are 3 commercial units. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 60 closings on record, of which we have matching data for 34 listings. In the past 3 years, a listing in this building will typically remain on the market for about 125 days and tend to sell below the original asking price of $1,495,000 by 10.23%. Meaning, listings tend to sell at a median of $2,375 price per square foot. The transaction that took the longest to complete was unit 5D, listed on Oct 14, 2022 for $1,250,000. This particular unit ultimately sold 314 days later for $1,140,000. The most recent transaction was for unit PHC, which was first advertised on Apr 11, 2023, sold for $3,970,000 on Oct 02, 2023. Fun fact, the oldest transaction we have on record took place on May 12, 1975. See the full transaction history for 250 Bowery below.

NoLita, where 250 Bowery is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,495,000. For interested buyers, that means the building's median asking price is around 0.29% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,200,000. It is a 542 sqft 1-bedroom and 1-bathroom unit.