--- title: "259 Bowery #2, New York City, NY 10002" description: "259 Bowery #2, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $3,400,000. 2 bed, 2 bath, 2,240 sqft Illustrative Buyer Commission Share of $51,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/259-bowery-2-ny-10002" source: "Real Estate Rebate Team" status: "Active" --- # 259 Bowery #2, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $3,400,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 2,240 - **Common Charges**: $2,571 / mo - **Monthly Taxes**: $2,170 / mo - **Price per Sqft**: $1,518 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $3,400,000 - **Illustrative Buyer Commission Share**: -$51,000* - **Illustrative Net Cost**: $3,349,000 *Illustrative Buyer Savings of $51,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![259 Bowery #2, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c20b5e5-6262-4db5-98f2-499f6f53a16d.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a9b82bf8-0dfe-492d-86b6-14af2c1a5d2b.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bf6e3b3d-49fe-446b-a622-f04c222dc3c5.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e949ac3d-496d-4a7f-97b8-afa7993582ea.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5068d223-b83e-40b3-bfed-d02503df5f3d.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/53a038af-ee62-42d0-940e-a1041f3c2f18.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/860d9568-2651-41b8-9d59-b0305bc6c6d1.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/45890da4-9ed4-42cd-8de6-24f68a401e5d.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/07be4acc-01f1-459d-b04c-31a86cdf6582.jpg) ![259 Bowery #2, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c07b0b5b-1990-4066-99bc-30df981531dd.jpg) ## Property Overview Occupying an entire floor of a boutique condominium, this remarkable loft designed by renowned architect West Chin offers approximately 2,250 square feet of interior space, a private terrace, and soaring 11.5-foot ceilings in the heart of downtown Manhattan. Perfectly situated where Nolita, NoHo, SoHo, and the Lower East Side converge, the residence blends dramatic proportions, thoughtful design, and modern comfort in equal measure. A keyed elevator opens directly into the home, revealing a loft that stretches nearly 100 feet from end to end. At the front of the residence, an expansive great room serves as the centerpiece of daily life and entertaining. Oversized CitiQuiet windows welcome western light throughout the day, while an architectural Aspen wood ceiling feature adds warmth and visual interest overhead. A wood-burning fireplace clad in white marble anchors the room, complemented by custom built-in seating and ample space for both living and dining. The open kitchen balances sleek design with professional-grade functionality. Outfitted with Poggenpohl cabinetry, granite countertops, a vented Viking range, Sub-Zero refrigeration, and a substantial center island, the space is equally suited to casual meals and larger gatherings. Located at the center of the loft, a separate den with custom millwork and integrated audio creates a comfortable retreat away from the main entertaining areas. The nearby full bath is designed as a spa-inspired wet room finished with mosaic tile flooring, glass walls, and brushed steel finishes. The home's bedrooms occupy the quieter eastern side of the floor. Both enjoying direct access to the terrace through oversized glass doors and each feature exposed brick, custom built-ins, and soft eastern light. Between them, a generously sized dressing room lined with floor-to-ceiling storage provides an abundance of closet space. The primary bath is finished in Carrara marble and includes radiant heated floors, a freestanding soaking tub, separate rain shower, Duravit fixtures, and a double vanity. Additional features include hardwood flooring, extensive custom storage, central air conditioning, Lutron lighting controls, an in-unit washer and dryer, and a private storage cage. 259 Bowery is an intimate five-residence condominium with a visiting superintendent. Surrounded by some of Manhattan's most celebrated restaurants, boutiques, galleries, and cultural destinations, the building offers immediate access to the best of downtown living while offering a unique blend of privacy, scale, and architectural design. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 2,240 sqft - **Stories**: 6 - **Year Built**: 1910 - **Price per Sqft**: $1,518 - **Common Charges**: $2,571 / Monthly - **Monthly Taxes**: $2,170 / mo - **Listed On**: Jun 26, 2026 - **Days on Market**: 82 Days ### Residence Features - Central Air - In Unit - See Remarks - Building Roof Deck - Private Entrance - Private Outdoor Space Over 60 Sqft - Built-in Features - Double Vanity - High Ceilings - Kitchen Island - Recessed Lighting - Sound System - Soaking Tub - Walk-In Closet(s) - Dishwasher - Gas Cooktop - Range Hood - Hardwood - City ## Sales Evidence ### Recent closed sales 3 apartments at 259 Bowery have recorded sales since September 2021, the most recent for $1,950,000 in September 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5 (Apartment) | 2 | 1,450 | $1,950,000 | $1,345/ft² | September 16, 2024 | City record · MLS | | 3/4 (Apartment) | 3 | 3,700 | $5,750,000 | $1,554/ft² | April 29, 2024 | MLS | | 3 (Apartment) | — | 2,250 | $5,300,000 | $2,356/ft² | April 26, 2024 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo two-bedroom sales in Lower East Side is $1,825,000, based on 28 sales between September 2024 and June 2026. This home is asking $3,400,000, $1,575,000 above that median. The middle half of those sales closed between $1,657,500 and $2,202,500. - **Median closed price**: $1,825,000 - **Middle half**: $1,657,500 – $2,202,500 - **Based on**: 28 condo two-bedroom sales in Lower East Side - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,578/ft² Across the 26 of these sales with a published asking price, the median closed at 90.2% of what it originally asked. 89% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lower East Side instead. ### How these sales were negotiated - **Sold vs original ask**: 90.2% of the original ask - **Closed below ask**: 89% of 26 sales - **Listed → in contract**: 77 days (about 11 weeks) - **In contract → closed**: 58 days (about 8 weeks) Across the 26 of these sales with a published asking price, the median closed at 90.2% of what it originally asked. 89% of them closed below the original ask. Half of these homes were in contract within 77 days (about 11 weeks) of coming to market, based on the 24 with a recorded listing date. Once a deal was agreed, closing took a further 58 days (about 8 weeks), based on the 26 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 28 condo two-bedroom sales in Lower East Side, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house two-bedroom sales in Lower East Side, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,968,750 | 17 | | 2018 | $2,512,500 | 39 | | 2019 | $2,415,399 | 28 | | 2021 | $1,985,756 | 22 | | 2022 | $2,475,000 | 39 | | 2023 | $2,291,063 | 27 | | 2024 | $1,925,000 | 12 | | 2025 | $2,065,000 | 17 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lower East Side instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 259 Bowery](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/259-bowery) ## About The Building ### 259 Bowery Lower East Side · Condominium 259 Bowery, New York, NY 10002 A building in Lower East Side, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/259-bowery) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/259-bowery-2-ny-10002) | 2 | 2 | 2,240 sqft | $1,518 | $3,400,000 | Compass | Jun 26, 2026 | 82 days | ## Estimated Monthly Payment **$21,933 / month**, assuming a 20% down payment ($680,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $17,192 - **Property Taxes**: $2,170 - **Common Charges**: $2,571 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Lower East Side Overview of Lower East Side [Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lower East Side - [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) ## Related Links - [259 Bowery — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/259-bowery) - [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.