EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
MASSEY KNAKAL Realty Services
EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
190 Bowery represents one of the most remarkable conversion opportunities currently available in all of New York City. Originally constructed by Robert Maynicke in 1898 to house the Germania Bank, the Beaux Arts-style building is one of the most iconic and architecturally significant buildings in all of Downtown Manhattan. The building was designated a landmark in 2005 and features stunning original architectural details throughout. The offering marks the first time the property has been available for purchase in over 50 years.
The granite and brick building stands six stories tall with ceiling heights ranging between 12’ to 19’ on every floor. The property also features significant frontage on the northwest corner of Spring Street and Bowery, approximately 101.5’ and 59.75’ respectively. As a result, one of the
building’s most distinctive features is its chamfered corner at the intersection of these two streets, where the main entryway is located on an angled corner bay. Furthermore, the building’s corner location and oversized windows provide a tremendous amount of natural light and air throughout. In total, the building encompasses approximately 35,617 gross square feet inclusive of the cellar.
The open floor plans combined with the property being delivered vacant, offer an unusually large blank canvas for a developer or user to execute a myriad of potential visions, including a boutique residential condominium, a retail flagship, or a truly historic and one-of-a-kind single family residence. Regardless of the strategy, the end result will be a project that changes the landscape of the Bowery for years to come.
EXECUTIVE SUMMARY
MASSEY KNAKAL Realty Services
EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
PROPERTY DESCRIPTIONBLOCK/LOT: 492/38LOT DIMENSIONS: 59.75' x 101.5' (Irr. approx.)LOT SIZE: 4,760 (approx.)
STORIES 6 plus cellarGROSS SF 35,617 (approx., including cellar)
ZONING: C6-1 (Special Little Italy District)FAR: 6.0
ASSESSMENT (14/15): $1,160,037TAXES (14/15): $119,751
SPRING ST
DELANCEY ST
BOW
ERY
ELIZ
ABET
H ST
59.7
5'
101.5'
HIGHLIGHTSn Iconic six-story landmarked building
n Corner exposure on Bowery and Spring Street
n Expansive loft space with oversized windows
n Coveted roof terrace
n High ceilings ranging from 12’-19’
n 101.5’ and 59.75’ on Spring Street and Bowery respectively
MASSEY KNAKAL Realty Services
EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
T
SUFFO
LK ST
BOND ST
HOWARD ST
8
15
44
40
4124163310
3
3026
28
23
39
18
4245
98
14
38
4634
2
43
276
29 31
17
22
32
11
2574 5
136
12
1921
37 35
13
10
3
4
2
6
1
9
5
7
4
9
11
17
7
2
6
13
51
12
3
18
1019
20
14144316
60
3940
37 644
18
19
16 53 38 11 9
12
20
3656 25
153061
5
35
49 2732
24
5131
33 2926
3
62
2
42
52
42
17
28
59
41
4
7
39
10
1
57
45
22
548
10
5548
3413
47
58
23
21
46
50
2047
8
DINING & NIGHTLIFE1 Antonioni's2 Balaboosta3 Balthazar4 Black Seed5 Bowery Ballroom6 Brinkley's7 Butcher's Daughter 8 Café Gitane9 Café Habana10 Café Select11 Capitale12 Cata 13 Cherche Midi14 Delicatessan15 Dos Caminos16 Ed's Lobster Bar17 Egg Shop18 Estela19 Expirmental Cocktail Club20 Finale21 Freemans22 GoldBar23 Il Buco24 Jack's Wife Freda25 Ken & Cook26 La Colombe Torrefaction27 La Esquina28 Le Pain Quotidien29 Lombardi's Pizza30 Lure Fishbar31 Mother's Ruin32 Mulberry Project33 Osteria Morini34 Parm35 Pearl & Ash36 Peasant37 Public38 Rubirosa 39 Saxon + Parole40 The Smile41 Spring Street Natural42 Tacombi at Fonda Nolita43 Tartinery44 The Mercer Kitchen45 The Musket Room46 Torrisi Italian Specialties47 Uncle Boons
SHOPPING1 3.1 Phillip Lim2 Alexander Wang3 Alexis Bittar4 AllSaints5 APC6 Barbour7 Bloomingdale's8 Bond No. 99 Burberry10 Calypso St. Barth11 Chanel12 Chloe13 Clare V14 Costume National15 Design Within Reach16 Dior Homme17 Dolce & Gabbana18 Elie Tahari19 Emporio Armani20 Equipment21 Freeman's Sporting Club22 Ghurka23 Haute Hippie24 Helmut Lang25 Intermix26 Isabel Marant27 Jack Spade28 James Pearse29 Jerome Dreyfuss30 Jill Stuart31 John Varvatos32 Kate Spade33 Kirna Zabete34 Le Labo35 L'Occitane en Provence36 Louis Vuitton 37 MAC Cosmetics38 Maje39 Marc Jacobs40 Marni41 Nanette Lepore42 Opening Ceremony43 Paul Smith44 Piperlime45 Prada46 Rag & Bone47 Ralph Lauren RRL48 Rebecca Taylor49 Sass & Bide50 Steven Alan51 Stuart Weitzman52 Ted Baker53 Theory54 Tibi 55 Tory Burch56 Tumi57 Versace 58 Vince59 Vivienne Tam60 Warby Parker61 Y-362 Zimmerman
HOTELS1 Crosby Street Hotel2 Mondrian SoHo3 SIXTY SoHo4 SoHo Grand5 Sohotel6 The Broome Hotel7 The GEM Hotel 8 The Mercer Hotel9 The Nolitan10 Thompson Hotel
AMENITIES & ATTRACTIONS1 Bliss Spa2 Broadway Gallery3 Christopher Henry Gallery4 Cutler Salon5 Equinox6 Exhale Spa7 Gourmet Garage8 Judith Charles Gallery9 Martin Lawrence Galleries10 ModelFIT11 Opera Gallery12 SLT13 Soul Cycle14 Sperone Westwater15 Storefront for Art and Architecture16 The Bar Method17 The Drawing Center18 The New Museum19 The New York Shaving Co.20 Whole Foods Market
THE NEIGHBORHOOD The Bowery is a dynamic area located at the convergence of some of New York City’s most exciting neighborhoods, including Nolita, NoHo, SoHo and the Lower East Side. The area has transformed in recent years into one of the most desirable neighborhoods in the city celebrated for its world-class art galleries, shops, dining, and nightlife options. Several neighborhood staples are just a short walk from the property, including the New Museum and the Bowery Hotel. 190 Bowery represents an incredibly unique conversion opportunity that will be unmatched in the price premiums it will obtain from any of its potential uses.
190 BOWERY
MASSEY KNAKAL Realty Services
EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
TYPICAL FLOOR PLAN
190 Bowery
Single Floor USF: 4,341 SF
Vertical Penetration: 225 SF
Floor Gross: 4,566 SF
Single Floor RSF (27% Loss Factor): 5,947 SF
11/4/2014Date Printed:
Nwww.rfrspace.comFor complete listing, visit Not to scale. All dimensions and conditions
are approximate and for information only.
Floor 3
UP DN
GROSS SF: 4,566 SF
MASSEY KNAKAL Realty Services
EXECUTIVE SUMMARY PROPERTY DESCRIPTION THE NEIGHBORHOOD FLOOR PLANS PHOTOS CONTACTS
ROBERT KNAKALChairman
212.696.2500 [email protected]
JONATHAN HAGEMANSales Team Manager212.696.2500 x7773
CHARLOTTE MYERSAssociate
212.696.2500 [email protected]
PRESTON FLAMMANGDirector - Capital Services
212.696.2500 [email protected]
For further information or inspection, please contact Exclusive Agents:
For information on possible financing, please contact:
INVESTMENT SALES RETAIL LEASING CAPITAL SERVICES | MASSEYKNAKAL.COMMANHATTAN BROOKLYN STATEN ISLAND THE BRONX QUEENS WESTCHESTER LONG ISLAND NEW JERSEY
ROBERT BURTONSenior Vice President of Sales
212.696.2500 [email protected]
MATTHEW COLANTONIOAssociate
212.696.2500 [email protected]
STEPHANIE MITCHELLAssociate
212.696.2500 [email protected]
PRINCIPAL CA
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