Exceptional Investment Opportunity - Future Possession at 199 Bowery, Apt 2D Nestled in the stylish heart of Nolita, Apartment 2D at 199 Bowery offers a rare and highly desirable investment opportunity in one of Manhattan's most vibrant and internationally coveted neighborhoods. This tenant-occupied residence allows for future possession in 2026, giving investors and forward-planning buyers an opportunity to purchase a premium asset in a location renowned for its cultural cachet and enduring value. Apartment Features: 2 Bedrooms, 2 Bathrooms across approximately 1,200 sq ft of meticulously renovated living space Expansive 250 sq ft landscaped PRIVATE terrace with panoramic skyline views-ideal for peaceful solitude or lively gatherings Open-concept eat-in kitchen anchored by a large island, featuring high-end appliances including a wine fridge washer dryer unit and dishwasher Seamless indoor-outdoor flow that elevates the living experience with urban elegance Building Amenities: Full-time doorman & concierge Fitness center, roof deck, elevator access Pet-friendly, pied-à-terre permitted Neighborhood Appeal: Located in Nolita, a hub of world-class dining, boutique shopping, and dynamic city energy Offers strong rental appeal and long-term growth potential Easy access to multiple subway lines and surrounding downtown neighborhoods Investment Highlights: investor friendly Option to purchase as a strategic long-term investment or secure future personal use It is "currently" tenant occupied with rent of $8,250 per month/ $99,000 per annum , with annual rent escalation lease options.( Please inquire with agent for lease options and escalation schedule). Whether you're expanding a portfolio or planning your next chapter in Manhattan, 199 Bowery #2D promises upside, elegance, and unrivaled location.
Listed by DANIELLE L LACKO
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Douglas Elliman Real Estate
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(917) 826-2809
Listed by Honda Jayathilake
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Douglas Elliman Real Estate
Last updated November 27, 2025
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Source: REBNY #RLS20026359
Listing Facts
TypeCondo
NeighborhoodBowery
Bedrooms2
Bathrooms2
Days on Prevu217
HOA/Maint. Fees$1,501/month
Size1,200 sqft
Price per sqft$1,667
Amenities
Private Outdoor Space
Concierge
Location
Mortgage Calculator
Listing History
08/01/2025
Price Decreased
$1,999,999
05/08/2025
Listed by Douglas Elliman Real Estate
$2,300,000
Estimated Closing Costs
Total
$69,298
Attorney Fees
$4,000
NYC Mansion Tax
$19,999
Title Insurance
$9,000
Bank Attorney
$1,500
Mortgage Recording Tax
$30,799
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,999,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 199 Bowery 2D
Association
Amenities
Pets Allowed: Building Yes, No
Concierge: Doorman Full Time, Concierge Full Time
Fees
Association Fee: $1,501.00 Monthly
Exterior
Construction
Number Of Units Total: 65
Stories Total: 12
Structure Type: High Rise
Year Built: 2001
Building Name: Nolita Place
Entry Level: 2
Features
Building Features: Elevator(s)
View: City Lights, City
Financial
Taxes
Parcel Number: 0425-1105
Interior
Measurements
Living Area: 1,200
Living Area Units: SquareFeet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Rooms Total: 5
Other
Location
City Region: Manhattan
Subdivision Name: Lower East Side
Tax Block: 00425
Tax Lot: 7502
Utilities
Equipment
Laundry Features: Washer Hookup, In Unit
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There are 2 bedrooms and 2 bathrooms in this condo at 199 Bowery 2D.
How does 199 Bowery 2D compare to other condos in Bowery?
This condo is listed 31% below the average price for condos in Bowery and has been on the market for 55 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the Nolita Place building.
What is the square footage on this condo?
According to the MLS, this listing is 1,200 sqft.
199 Bowery 2D is a 2-bedroom, 2-bath condo for sale in New York NY 10002. On Prevu for 217 days at $1,999,999. This includes a recent price decrease of $300,001. This residence features 1,200 square feet of living space, located in Bowery. The median listing price for condos in this area is $1,537,500. Additional amenities include private outdoor space and doorman. Browse more condo listings in Manhattan.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.