Positioned in the heart of SoHo, a three-story mixed-use property located at 261 Bowery is now listed for sale. With 10,035 square feet of development rights and a total buildable area estimated to be around 15,000 square feet, this opportunity offers one retail store and two one-bedroom apartments that can be delivered vacant. Adelaide Polsinelli of Compass has been appointed to handle the listing.
Commenting on the listing, Polsinelli said: “As the economy regains its vigor businesses are positioning themselves for real estate triumphs”. This prime location provides an ideal opportunity for investors looking to capitalize on current market conditions in New York City’s bustling SoHo neighborhood.