Retail

Retail Condo for Sale at 195 Bowery – Lower East Side, NY

Address: 195 Bowery, New York, NY, 10002
Price: $2,000,000 (estimated asking price based on market comparables)
Square Feet: 1,895 SF (1,513 SF ground floor + 382 SF basement)
Type: Retail Condo – For Sale

Property Overview:

Located on the iconic Bowery at the crossroads of the Lower East Side, NoHo, and SoHo, this 1,895 SF ground-floor retail condominium offers a rare ownership opportunity in one of Manhattan’s most vibrant, trend-driven, and culturally rich neighborhoods . The building is a 16-story boutique condominium completed in 2004, featuring 16 residential units above a single ground-floor retail component . The building was originally constructed in 1900 as a five-story gaslight factory and underwent a significant transformation with a modern loft addition designed by Keith Strand . This space was formerly home to Pop International Gallery and is now vacant, offering a blank canvas for an investor or owner-occupier .

The property is located near the Bowery Ballroom, Dixon Place theatre, Moxy Hotel, CitizenM Hotel, and Whole Foods . The J and Z subway lines are directly across the street .

Key Features:

Prime Bowery / Lower East Side Location:

• Situated on the east side of Bowery between Delancey Street and Rivington Street, at the epicenter of the Lower East Side’s dynamic retail, arts, and cultural scene
• Located at the crossroads of NoHo, SoHo, Nolita, and the East Village — four of Manhattan’s most desirable neighborhoods
• Surrounded by a dense and active neighborhood that includes boutique hotels, Michelin-starred restaurants, cultural venues, and world-renowned art galleries
• The Ainslie Bowery is next door to the north, CitizenM Hotel is next door to the south, and the Bowery Ballroom is on the same block

Retail Condo Specifications – 1,895 SF:

• 1,895 SF total – 1,513 SF ground floor + 382 SF basement
• 18 feet of frontage on Bowery, providing excellent light, street exposure, and visibility
• Depth of 94 feet – a deep floor plan offering flexible layout possibilities
• 12-foot ceiling heights – creating a dramatic, open atmosphere
• Finished space with white sheetrock walls
• Ground floor water closet already exists
• Currently vacant, offering a complete blank canvas for build-out and customization

Owner-User or Investment Opportunity:

• The former tenant, Pop International Galleries, was a prominent gallery
• As of 2024, the property is 100% occupied by an art gallery generating stable cash flow, but the space is now vacant for an investor or user/occupier
• The building offers on-site retail and storage space for tenants
• The building features a video intercom system for security

Premier Location – Surrounded by Retail Synergy:

• Located within a four-block radius of four subway stations providing access to the Bronx, Manhattan, Queens, and Brooklyn
• Adjacent to the Bowery Subway Station servicing the J and Z lines – directly across the street from the property
• A dense retail cluster surrounds the condo, ranging from fine art galleries and smaller-scale performing arts venues to popular restaurants and designer stores
• The property resides near one of New York’s top retail submarkets, SoHo, home to major retailers such as Bloomingdale’s, Zara, Uniqlo, and boutique luxury brands like Supreme, which operates its flagship store directly across the street

Excellent Demographics & Traffic:

• Demographics highlight a two-mile population of over 605,000 people who earn $142,000 a year per household
• Total net expenditure is expected to eclipse $9.2 billion by the end of 2024
• The property is steps from the J and Z subway lines, and within walking distance of the F, M, 6, B, and D trains
• Strong foot traffic from both locals and tourists exploring the Lower East Side and SoHo
• About 62 million people visited New York in 2023, with 64.5 million visitors anticipated by year-end 2024

Highlights:

✔ 1,895 SF retail condo for sale on the iconic Bowery
✔ 1,513 SF ground floor + 382 SF basement
✔ 18 feet of frontage on Bowery – excellent visibility
✔ 12-foot ceiling heights – spacious, dramatic atmosphere
✔ 94 feet of depth – flexible floor plan
✔ 2004 boutique condominium building with 16 residential units
✔ Near the Bowery Ballroom, CitizenM Hotel, and Moxy Hotel
✔ Directly across from the J and Z subway lines
✔ Prime Lower East Side / NoHo / SoHo location
✔ Currently vacant – ready for immediate occupancy

Conclusion:

195 Bowery offers a rare opportunity to own a ground-floor retail condominium on one of Manhattan’s most iconic streets — the Bowery, at the epicenter of the Lower East Side, SoHo, and NoHo. With 1,895 SF of prime retail space, 12-foot ceilings, 18 feet of frontage, a location directly across from the Bowery subway station, and a vibrant neighborhood filled with hotels, galleries, and flagship retailers, this property is ideal for luxury brands, art galleries, concept stores, or investors seeking a prime downtown asset.

Contact us today to schedule a private tour and secure this premier Bowery retail condo!