Bowery, SoHo, Fully Built-Out Gallery Space For Lease 2,550 SF
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Bowery presents a rare opportunity to acquire a classic loft-style mixed-use property in one of Manhattan’s most culturally significant neighborhoods. This four-story building spans 7,225 square feet on a 2,500 SF lot and features a well-balanced mix of three residential loft units above an expansive ground-floor retail/gallery space.
Offered at $7.5 million with a net operating income of $327,953, the asset delivers immediate cash flow supported by stable in-place tenancy, while also offering substantial long-term value creation. The property benefits from 15,000 buildable square feet, including 7,775 square feet of unused air rights, which may be developed under the City of Yes zoning initiative, presenting a compelling opportunity for vertical expansion or strategic redevelopment.
The retail component is currently leased to a gallery through July 2027, providing consistent income and strong street presence. The residential units feature open loft-style layouts enhanced by abundant natural light and outdoor space, making them highly attractive to creative professionals, live/work users, or boutique office tenants.
Directly across from the New Museum and moments from the B, D, F, M, R, and W subway lines, the property enjoys exceptional visibility, accessibility, and pedestrian traffic. Surrounded by the vibrant Nolita and Lower East Side neighborhoods—home to premier fashion brands, design studios, and acclaimed dining—Bowery is ideally positioned for a flagship gallery, creative headquarters, or thoughtfully curated mixed-use development.
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SoHo is ideal spot in NYC and it’s giving incredible selection to public commute. Thousands of people are coming each day to SoHo – tourists, freelancers, and business owners. With its comfortable office spaces to rent, it is a very popular place to work in. The Red, Blue lines, N, R, J, and Z trains pass through the neighborhood, as well as the PATH train, making SoHo easily accessible from Brooklyn, Queens, and nearby suburbs. local and inter borough buses, Bus: M1, SIM1C, SIM4C have stops in SoHo. People who need to travel for work can take the PATH train to New Jersey.
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