Delancey Street Associates Sells Retail Asset At 250 Bowery Manhattan For $5.8M
250 Bowery
$5,800,000
$526/SF
Building Size
11,009 SF
Asset Type
Retail
Closing
Jun 25, 2026
AI
The property asset involved in the transaction is a retail space located at 250 Bowery in Manhattan. The sale price for this asset was $5,800,000, and it encompasses a total area of 11,009 square feet, translating to a price per square foot of $526.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,800,000
- Address: 250 Bowery
- Market: Manhattan
- Square Footage: 11,009
- Price per Square Foot: $526
- Seller: Delancey Street Associates
- Buyer's Representative: Bryan Hurley - Cushman & Wakefield
- Seller's Representatives: Eric Roth, Brett Siegel & Tyler Signora - Newmark
Key individuals involved in the transaction include Bryan Hurley, who acted as the buyer's representative from Cushman & Wakefield, and the seller's representatives Eric Roth, Brett Siegel, and Tyler Signora, all from Newmark, facilitating the sale process on behalf of Delancey Street Associates.
Players
Market 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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93