139 Bowery Holdings Acquires Mixed-use Asset In Lower East Side For $36M With Alan Louie As Buyer's Rep
New York
See Similar Deals139 Bowery Holdings Acquires Mixed-use Asset In Lower East Side For $36M With Alan Louie As Buyer's Rep
139 Bowery
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The property located at 139 Bowery is a mixed-use asset consisting of 16 commercial units and 18 residential units. The total sale price for the property was $36,000,000, with a total of 34 units, resulting in a price per unit of $1,058,824. The total square footage of the property is 52,000, which equates to a price per square foot of $692. The property is situated in the Lower East Side market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $36,000,000
- Buyer: 139 Bowery Holdings
- Seller: Emerald Creek Capital
- Buyer’s Representative: Alan Louie - Coldwell Banker Warburg
- Total Units: 34
- Price Per Unit: $1,058,824
- Total Square Footage: 52,000
- Price Per Square Foot: $692
In this transaction, Alan Louie represented the buyer, 139 Bowery Holdings. The deal was facilitated by Coldwell Banker Warburg, the agency for Alan Louie, who played a key role in the completion of this sale involving a significant mixed-use property in the Lower East Side.
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