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

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