Real Estate Listing

Twin Tenements on Orchard Street Hit the Market for First time in 90 Years

Posted May 14, 2018 at 5:08 am

The dominoes continue to fall. Two conjoined, through-block tenements in Hell Square just hit the market last week, 159-161 Orchard Street (aka 164-166 Allen). If the broker-babble is to be believed, then this is the first time to market for these properties in some ninety years. The buildings are pitched as an investment with significant […]

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Bowery Restaurant Supply Building Hits the Market for $21.5M

Posted April 30, 2018 at 5:00 am

Another Bowery building is up for grabs, awaiting certain demolition and redevelopment. The three-story commercial warehouse at 180 Bowery – currently home to Daroma Restaurant Equipment – just hit the market last week as a “development/conversion” opportunity for real estate speculators. Price sought for the property is listed at $21.5 million, double the amount paid […]

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‘Sunita Bar’ on Norfolk Street is Not for Sale [Updated]

Last modified April 6, 2018 at 11:27 am

[Updated Below] On the block for the last fifteen years, Sunita Bar on Norfolk Street has been featured in several real estate listings circulating online. The week-old listing posted to Craigslist advertises the business at 106 Norfolk Street for sale. However, the owner of Sunita tells us that this listing is bogus. “This is not […]

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Rumor: Hypebeast to Unveil Gallery and Store on Division Street

Posted March 26, 2018 at 5:00 am

Hypebeast is reportedly coming to the Lower East Side. The seven-story commercial loft building at 41-43 Division Street traded hands last year for $15.5 million. Continental Equities snapped up the Chinatown property from the Lam Group, which had owned it for the three years prior. Now, after sitting on the investment for a year, the new […]

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Upscaled 168 Suffolk Street Sells for $12M

Posted March 23, 2018 at 5:05 am

As East Houston Street continues its trajectory to luxury life – there are multiple towers under construction – the effects are felt in the immediate vicinity. Case in point: the sale of 168 Suffolk Street for more than twice the purchase price three years ago. Eunhasu Corporation acquired the gussied-up 168 Suffolk Street for $12 […]

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East Broadway Walkup Fetches $7M

Posted March 21, 2018 at 5:03 am

The East Broadway corridor adjacent to Essex Crossing is heating up. Case in point: the five-story tenement at 215 East Broadway, near Clinton Street, just traded hands for the princely price of $7 million. According to the city’s public transactions database, the buyer of record is apparently a resident of the adjacent building, named Ms. Wang. […]

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Hell Square Walkup on Ludlow Street Fetches $10M

Posted March 7, 2018 at 5:03 am

Two weeks ago, we reported that 175 Ludlow Street had changed hands for an undisclosed amount. Now the full price is available. According to public records, the five-story Hell Square walkup fetched a handsome $10 million. Residents of the old tenement received a notice from the new ownership that also confirmed the transaction. Both sources […]

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175 Ludlow Street Sells to NJ Steel Supplier

Posted February 23, 2018 at 5:03 am

Lately, real estate is trading rather briskly in the confines of Hell Square. At least four area buildings sold since last summer. Time to add another onto the heap. Word crossed our desk this week that 175 Ludlow Street, just south of Houston, likewise changed hands. Residents there received a notice from the new ownership […]

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Little Italy Church Rectory Hits the Market as $14M Development Site

Last modified February 20, 2018 at 10:04 am

The dying carcass of Little Italy continues to get picked apart. Mere days after a devastating fire knocked out Angelo’s on Mulberry Street comes word that the Most Precious Blood Church is selling its rectory. (The church itself is on Baxter Street.) The fifty-foot-wide property in question, located at 109 Mulberry Street, currently houses the […]

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Howl! Arts Expands with $9M Commercial Condo at 250 Bowery

Posted February 5, 2018 at 5:17 am

East Village arts nonprofit, Howl! Arts, just closed on a commercial condo on the Bowery. According to a report filed in Crain’s New York last week, the organization, named for Allen Ginsberg’s poem of same, purchased the 6,500 square-foot, second-floor condo at 250 Bowery for a sky-high $9 million. That’s approximately $1,400 per square-foot, thought […]

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