218-220 Bowery, New York, NY for sale

Investment Overview

BKREA has been retained on an exclusive basis to arrange the sale of 218-220 Bowery, a mixed-use hotel property on the west side of the Bowery between Prince and Spring Streets. The 5,008 SF lot offers approximately 50 feet of frontage and is improved with a four-story building of approximately 16,700 SF, with two retail spaces on the ground floor making up approximately 4,800 square feet and an approximately 11,900 SF, 132-room hotel across the three upper floors. The hotel and north retail space can be delivered vacant on June 30, 2027, and the south retail space is currently vacant.