139 Bowery Holdings Acquires Mixed-use Asset In Lower East Side For $36M With Alan Louie As Buyer's Rep

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.