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26 Bowery

Northgate Real Estate Group Sells Mixed-Use Building At 26 Bowery Manhattan For $4M
SOLDMixed-use

Northgate Real Estate Group Sells Mixed-Use Building At 26 Bowery Manhattan For $4M

26 Bowery

$4,000,000

$343/SF

Building Size

11,656 SF

Asset Type

Mixed-use

Closing

Sep 21, 2025

AI

This mixed-use building located at 26 Bowery in Manhattan was sold in a bankruptcy sale. The transaction was finalized on September 22, 2025, with a sale price of $4,000,000. The asset spans 11,656 square feet, translating to a price per square foot of $343.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,000,000
  • Square Feet: 11,656
  • Price per Square Foot: $343
  • Address: 26 Bowery
  • Market: Manhattan

The deal was facilitated by brokers Greg Corbin, Chaya Milworn, and Felix Ades from Northgate Real Estate Group, who represented the seller in this transaction.

Players

Chaya Milworn

Northgate Real Estate Group

Broker

$515.7M

vol

35 deals

Broker
Northgate Real Estate Group
Northgate Real Estate GroupBrokerage

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93