Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $875,000

· Closed December 23, 2025

199 BOWERY #5B
Closed For Sale Condo

$875,000

$1,434 per sq ft

199 BOWERY #5B

Lower East Side, Manhattan

Nolita Place

MLS® #RLS20037698

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

610

Sq. Ft.

2001

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 610 sq ft
Year Built 2001
Ownership Condo
HOA/Common Charges $1,018/mo
Property Taxes Contact for details
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Views: City
  • Exposure: East,North facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 12
View City
Exposure East,North
Pets Yes
Year Built 2001
Living Area 610 sq ft
Structure Type HighRise
Basement Other
Parcel # 0425-1121
Block/Lot 00425/1121

Listing History

Event Date Price Change
Listed Jul 15, 2025 $935,000 -
Currently May 1, 2026 $875,000 -6.4%

Description

Residence 5B at the Nolita Place Condominium is located in one of downtown's most exciting locations, conveniently tucked at the crossroads of Nolita, the Lower East Side, SoHo, and the East Village.

This corner one-bedroom home welcomes you with an oversized living room featuring northern and quiet sunlit eastern exposures. Framed by custom window treatments, the space is naturally bright and ideal for both relaxing and entertaining. Stained hardwood floors run throughout, adding warmth and character to the apartment.

The renovated, thoughtfully designed galley kitchen is outfitted with striking Verde granite countertops, stainless steel appliances, maple cabinetry, a dishwasher, and generous counter space for all your cooking needs.

The bathroom is finished with classic tilework, a modern vanity, and sleek chrome fittings.

Investor-friendly and move-in ready, this residence offers a wonderful place to live and a smart long-term opportunity for primary residents, pied a terre users and investors alike.

Nolita Place is a full-service condominium offering a 24-hour doorman, live-in superintendent, fitness center, landscaped terrace, and a central laundry room. Located next to the Citizen M hotel and just moments from Whole Foods, boutique shopping, cozy cafés, and iconic dining destinations, this address places you at the center of it all.

With easy access to the 6, J, Z, B, D, F, M, R, and W subway lines, commuting and city exploration are effortless.

Contact us today to schedule your private showing.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Roof Deck

Building Amenities

Concierge Elevators

Building Information

Building Nolita Place
Building Data View Compliance & Permits
Total Units 65
Stories 12
Structure HighRise

Financial Details

Common Charges $1,018/mo
RE Taxes Contact for details
Original Price $935,000
Sale Price $875,000
Previous Price $935,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

111

Median Asking Price

$1.27M

Median $/Sqft

$1,393

Avg Days on Market

N/A

New This Week

9

Price Reduced

31%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 10:13 AM EST

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Location

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199 BOWERY #5B, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2000
Year Built
26 years old
12
Floors
63
Residential Units
C6-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $9,768,143
Land Value: $944,989
Exemptions: $4,580

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

Lot Area: 15,000 SF
Building Area: 61,963 SF
Built FAR: 4.13
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

The current listed common charges are $1,018 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 610 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2001, making it approximately 25 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Case By Case,Building Pets Allowed Comments:Case By Case. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $875,000 for 610 sq ft, the asking price per square foot is approximately $1,434. 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 mcoste@kwnyc.com. 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: RLS20037698
First Listed: 7/17/2025
On Market: 7/15/2025
Price Changed: 12/23/2025
Closed: 12/23/2025
Contract Date: 7/17/2025

Listing Courtesy of Corcoran Group - Glenn E Schiller

Listing Contact: (212) 941-2561

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 5/1/2026 at 2:13 PM UTC

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