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
About this deal
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.
On the Map
$5,800,000
$526/SF
Retail
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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