Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed April 30, 2025

199 Bowery #5A
Closed For Sale Condo

$1,200,000

$1,333 per sq ft

199 Bowery #5A

Lower East Side, Manhattan

MLS® #RLS11019337

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

900

Sq. Ft.

2000

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 900 sq ft
Year Built 2000
Ownership Condo
HOA/Common Charges $1,350/mo
Property Taxes $16,680/yr
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Exposure: North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 5 of 12
Exposure North,West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2000
Living Area 900 sq ft
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0425-1120
Block/Lot 00425/1120

Listing History

Event Date Price Change
Listed Nov 4, 2024 $1,295,000 -
Price Reduced May 2, 2025 $1,250,000 -3.5%
Currently May 2, 2026 $1,200,000 -4.0%

Description

This light-filled two-bedroom unit offers a prime location in Nolita, featuring western and northern exposures that provide breathtaking afternoon sunsets. The open kitchen, complete with stainless steel appliances and a quartz countertop breakfast bar, is perfect for both cooking and entertaining. The bedrooms are thoughtfully separated, with a spacious living room at the center of the unit, ensuring privacy and comfort. The primary bedroom boasts a generous en suite bathroom and beautiful western views. Nolita Place is a luxury condominium that enhances your lifestyle with exceptional amenities, including a 24-hour doorman and concierge, a live-in superintendent, a fitness center, a furnished common terrace, and a central laundry facility.

Features & Amenities

Interior Features

Breakfast Bar Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 63
Stories 12
Structure MixedUse

Financial Details

Common Charges $1,350/mo
RE Taxes $16,680/yr ($1,390/mo)
Original Price $1,295,000
Sale Price $1,200,000
Previous Price $1,250,000

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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,393

Avg Days on Market

N/A

New This Week

12

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 8:48 PM EST

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Location

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199 Bowery #5A, Lower East Side, New York County

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 $1,350 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $16,680, or roughly $1,390 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2000, making it approximately 26 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,200,000 for 900 sq ft, the asking price per square foot is approximately $1,333. 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: RLS11019337
First Listed: 11/4/2024
On Market: 11/4/2024
Price Changed: 5/2/2025
Closed: 4/30/2025
Contract Date: 10/23/2024

Listing Courtesy of Compass - David Michael Balk

Listing Contact: (212) 381-6571

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 5/2/2026 at 12:48 AM UTC

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