Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $8,700,000

Listed at $10,000,000 · Sold 13.0% below asking · Closed July 14, 2017

171 Bowery

$10,000,000

$650 per sq ft

171 Bowery

Nolita, Manhattan

MLS® #RLS10095858

RLS at REBNY

Listing by E Property Group

1

Bedroom

1

Bath

15,386

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 15,386 sq ft
Year Built N/A
Neighborhood Nolita
Floor 10 of 4

Property Highlights

  • Location: Nolita, Manhattan
  • Property Type: Single Family Residence

Property Details

Type Single Family Residence
Total Rooms 2
Baths null Full
Floor 10 of 4
Pets Yes
Cross Street DELANCEY
Living Area 15,386 sq ft
Parcel # 0424-0011

Listing History

Event Date Price Change
Listed Sep 21, 2016 $10,000,000 -
Currently May 30, 2026 $10,000,000 -

Description

171 BOWERY Site info: THIS IS A DEVELOPMENT SITE
15,390 Sf of buildable space (FAR) above ground. As of right
2,565 Sf Lot/ 21X126 /6 FAR
additional bonuses:.5 for C/F. mechanical, dormer, arcade or open space could add substantial FAR to the project
C6-1 zoning lends flexibility of use. Condo, hotel, commercial, residential mixed use or private townhouse, are all acceptable under the current zoning
No Absolut height restrictions on the east side of bowery.
Wide street allows for generous sky-plane exposure setbacks
Open western exposure for great light.

Property is currently 4story mixed use with 1 retail space + 3 FREE MARKET rental apartments Aprrox 6,000sf





Building Information

Nolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.

Nolita Live Market Data

View Neighborhood

Active Listings

16

Median Asking Price

$3.44M

Median $/Sqft

$2,554

Avg Days on Market

N/A

New This Week

0

Price Reduced

31%

Sold (30 Days)

1

Median Sale Price

$4.19M

Live data from RLS at REBNY • Updated 5/30/26, 5:20 PM EST

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Location

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171 Bowery, Nolita, New York County • Near DELANCEY

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
4
Floors
3
Residential Units
C6-1
Zoning District

Tax & Assessment

Assessed Value: $801,000
Land Value: $230,850
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,565 SF
Building Area: 5,696 SF
Built FAR: 2.22
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 15,386 square feet. Verify dimensions independently during due diligence.

Pet policy requires confirmation with the listing broker.

At the current list price of $10,000,000 for 15,386 sq ft, the asking price per square foot is approximately $650. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10095858
First Listed: 9/21/2016
Closed: 7/14/2017
Contract Date: 6/7/2016

Listing Courtesy of E Property Group - Jan Sasson

Listing Contact: (917) 689-1760

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 9:20 PM UTC

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