151 Bowery Sells for a Record $23.5M

Posted on: March 20th, 2014 at 6:00 am by
151 Bowery (aka 331-333 Broome St.)

151 Bowery (aka 331-333 Broome St.)

The squat three-story anchor at the southeast corner of Bowery and Broome just sold for $23.5 million. Buyer remains unknown, and there is currently nothing on file with the city.

This final price is a record for the lighting district, according to Jan Sasson of E Property Group, who represented the seller in the transaction. Included in the deal is an additional 42,000 square-feet of air rights.

151 Bowery also includes frontage and another entrance at 331-333 Broome Street.

A relatively new lighting store occupies the ground level, but don’t expect much in the way of longevity. Not when its valuable space has undergone considerable inflation.

Recent Stories

Scenes from the 9th Annual Harold Hunter Day Skate Jam [PHOTOS]

Hundreds rolled down under the Manhattan Bridge overpass Sunday afternoon to skate for the great. It was the ninth annual Harold Hunter Day at Coleman Skatepark, an all-ages skate jam paying tribute to the fallen soldier. As always, the event was sponsored by the Harold Hunter Foundation alongside skatewear brand DC. Harold Hunter Day was […]

Photo: Lori Greenberg
You Have Until Saturday to Relive ‘The Downtown Decade’

Most Boogie readers know that we are more than a bit obsessed with the 70s – 80s art and music scene of downtown New York City. Despite the city being in utter chaos, this pivotal time period managed to inspire a cross-pollination of art, photography, film, performance, writing and music. It never ceases to fascinate […]

Ello Asty figurine
Named After Beastie Boys Album, Star Wars Alien ‘Ello Asty’ is Born to Ill

The original Star Wars trilogy remains a personal obsession. Despite the creative meddlings of George Lucas, who butchered the legacy with revisionist history and a second trilogy of insufferable prequels. We devoured much of the literature on the fantasy world, including the Timothy Zahn Thrawn series from the early nineties. And one of the things […]

New Bodega Opens in Joon Cleaners Space on East Broadway

​The former Joon Cleaners at 219 East Broadway finally has a replacement, three years after the death of its owner. Those evergreen leasing signs above the storefront were deposed weeks ago, as a new bodega is set to open here. Behind that new security gate system, ownership had gradually prepared the space; shelving is now […]

Carolina Sarria Boutique Opening at 149 Ludlow Street

Blessed Peacemakers relinquished control of 149 Ludlow Street in the summer of 2014. It was a tough run for the boutique, considering its entire two-years of existence were spent behind a business-killing shield of plywood and scaffolding. Seriously, construction on the block had a sidewalk bridge here for some four years. Until a couple months […]