216 Bowery
Manhattan, NY
| Location: | Manhattan |
| Neighborhood: | Bowery |
| Status: | Realized |
| Acquisition Date: | March 2016 |
| Date Sold: | January 2021 |
| Asset Type: | Urban Street, Mixed-Use |
| Tenant(s): | None |
| Gross Square Footage: | 11,000 |
216 Bowery is located along the dynamic Bowery corridor in Lower Manhattan alongside trend-setting retailers including Supreme, Vans, and Camper. Originally a 3-story structure, L3 redeveloped 216 Bowery in 2020 adding two additional floors. Now featuring 4 floors of boutique/loft office on top of ground floor retail, 216 Bowery joins the list of recently delivered developments in the immediate area including the Sister City Hotel, the Citizen M hotel, Ian Schrager’s PUBLIC Hotel, several multi-million dollar listing condo projects, and the massive new multi-phase mixed-use development Essex Crossing.
Property Highlights
-
Redeveloped in 2020
-
14 FT Ceilings
-
20 FT of Frontage
-
Renovated Facade with Original Brick
-
New Glass Mansard Roof
-
Shared Rooftop Terrace
-
Custom Office Lobby
- All New Base Building Systems
- Column-Free Floorplates
- Oak Hardwood Floors
- Operable Windows
- New Pantry per Office
- Private Restrooms per Office
