143 Bowery LLC Acquires Hotel Property At 143 Bowery From William Su For $8.38M
143 Bowery
$8,380,000
$690/SF
Building Size
12,140 SF
Asset Type
Hotel
Closing
Aug 9, 2026
About this deal
AI
A hotel property located at 143 Bowery in the Lower East Side market of Manhattan has been sold. The transaction involved a sale price of $8,380,000 for a total area of 12,140 square feet, equating to a price per square foot of $690.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $8,380,000
- Address: 143 Bowery
- Market: Lower East Side, Manhattan
- Buyer: 143 Bowery LLC
- Seller: William Su
- Square Footage: 12,140
- Price per Square Foot: $690
The buyer, 143 Bowery LLC, successfully acquired the property from seller William Su. This transaction was recorded as a significant deal in the Manhattan real estate market.
Players
New York Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93