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244 Bowery

David Dailey Acquires Retail Property At 244 Bowery In New York For $3,025,000
SOLDRetail

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

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.

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