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
About this deal
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.
On the Map
$4,000,000
$343/SF
Mixed-use
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Players
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