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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10002
  6. 199 BOWERY #2D
Property thumbnail
1 / 14
Condominium•Lower East Side

199 BOWERY #2D, New York City, NY 10002

Listing Courtesy of Douglas Elliman Real Estate

$1,999,999

Potential Rebate: $30,000

Condominium
2 Beds
2 Baths
5 Rooms
1,200 sqft
Built 2001
12 Stories
1,667/ft²
Listed on May 8, 2025
232 days on market
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Overview

<p>&nbsp;</p> <p> <strong></strong></p> <p> <strong>Exceptional Investment Opportunity - Future Possession at 199 Bowery, Apt 2D</strong></p> <p>Nestled in the stylish heart of Nolita, Apartment 2D at <strong>199 Bowery</strong> offers a rare and highly desirable investment opportunity in one of Manhattan's most vibrant and internationally coveted neighborhoods. This <strong>tenant-occupied residence</strong> allows for <strong>future possession in 2026</strong>, giving investors and forward-planning buyers an opportunity to purchase a premium asset in a location renowned for its cultural cachet and enduring value.</p> <p> <strong>Apartment Features</strong>:</p> <ul> <li> <strong>2 Bedrooms, 2 Bathrooms</strong> across approximately <strong>1,200 sq ft</strong> of meticulously renovated living space</li> <li>Expansive <strong>250 sq ft landscaped PRIVATE terrace</strong> with panoramic skyline views-ideal for peaceful solitude or lively gatherings</li> <li>Open-concept <strong>eat-in kitchen</strong> anchored by a large island, featuring high-end appliances including a <strong>wine fridge washer dryer unit and dishwasher</strong></li> <li>Seamless <strong>indoor-outdoor flow</strong> that elevates the living experience with urban elegance</li> </ul> <p> <strong>Building Amenities</strong>:</p> <ul> <li>Full-time <strong>doorman &amp; concierge</strong></li> <li> <strong>Fitness center</strong>, <strong>roof deck</strong>, elevator access</li> <li> <strong>Pet-friendly</strong>, pied-&agrave;-terre permitted</li> </ul> <p> <strong>Neighborhood Appeal</strong>:</p> <ul> <li>Located in <strong>Nolita</strong>, a hub of world-class dining, boutique shopping, and dynamic city energy</li> <li>Offers strong rental appeal and long-term growth potential</li> <li>Easy access to multiple subway lines and surrounding downtown neighborhoods</li> </ul> <p> <strong>Investment Highlights</strong>:</p> <ul> <li>investor friendly</li> <li>Option to purchase as a strategic long-term investment or secure future personal use</li> <li> It is "currently" tenant occupied with rent of $8,250 per month/ $99,000 per annum , with annual rent escalation lease options.( Please inquire with agent for lease options and escalation schedule).</li> </ul> <p>Whether you're expanding a portfolio or planning your next chapter in Manhattan, <strong>199 Bowery #2D</strong> promises upside, elegance, and unrivaled location.</p> <p>&nbsp;</p>

Home Features

  • •Washer Hookup
  • •In Unit
  • •Building Roof Deck
  • •Private Outdoor Space Over 60 Sqft
  • •City Lights
  • •City

Estimated Monthly Payment

$11,384 per month

30 year fixed, 6.28% Interest

Principal and Interest
$9,883
Property Taxes
$0
Maintenance/Common Charges
$1,501

Estimated Rebate for this Home

One-time rebate at closing

$30,000

Monthly savings impact

$83/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20026359

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Price Analysis

Compare average listing prices and value metrics for Nolita Place against the surrounding Lower East Side market.

Based on 2 active units in building vs 100 in area

Average List Price

Building$1.3M
Neighborhood$1.6M

Price Per SqFt

Building Avg$1,621/ft²
Neighborhood Avg$1,362/ft²
Premium Market

19.03% Higher

than the Lower East Side price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lower East Side.

Lower East Side

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