David Dailey Acquires Retail Property At 244 Bowery In New York For $3,025,000
244 Bowery
$3,025,000
$841/SF
Building Size
3,595 SF
Asset Type
Retail
Closing
May 11, 2026
About this deal
AI
David Dailey has acquired a retail property located at 244 Bowery in New York, NY. The property encompasses a total square footage of 3,595 and was sold for $3,025,000, resulting in a price per square foot of $841.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,025,000
- Address: 244 Bowery
- Market: New York, NY
- Square Footage: 3,595
- Price per Square Foot: $841
- Buyer: David Dailey
- Seller: Anton F. Mayer
This transaction involved David Dailey as the buyer and Anton F. Mayer as the seller, representing the interests of both parties in the successful acquisition of the retail asset.
On the Map
$3,025,000
$841/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93