Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $609,000

· Closed April 19, 2022

199 Bowery #5-C
Closed For Sale Condo

$609,000

$1,410 per sq ft

199 Bowery #5-C

Lower East Side, Manhattan

MLS® #RLS10766410

RLS at REBNY

Listing by Compass

Studio

1

Bath

432

Sq. Ft.

2001

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 432 sq ft
Year Built 2001
Ownership Condo
HOA/Common Charges $647/mo
Property Taxes $8,148/yr
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Exposure: East facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 12
Exposure East
Pets Yes
Cross Street Delancey Street/Rivington Street
Year Built 2001
Living Area 432 sq ft
Block/Lot 425/7502

Listing History

Event Date Price Change
Listed Sep 25, 2021 $609,000 -
Price Reduced Nov 3, 2021 $655,000 +7.6%

Description

This sunny alcove studio is a true gem, located at the intersection of Soho and LES next to the best restaurants and shopping. With exceptionally low monthlies, this condo makes for a great investment, a pied-a-terre residence or a starter home. Several units in this line have been converted into one bedroom homes allowing for a future value add opportunity. A washer/dryer may be installed with board approval. Facing East toward Sara D. Roosevelt Park, the apartment gets lots of natural light throughout the day. There are a total of three closets and a formal entryway that allows you to dust the city off before you enter the living area. The windowed kitchen is spacious and features full-sized appliances, including a dishwasher. 199 Bowery is a full-service condominium building located in the heart of Nolita, where Bowery meets Spring Street. Building amenities include a 24-hour doorman, live-in super, fitness center, common terrace, central laundry and private storage facilities. Conveniently located near some of downtown's best restaurants, nightlife, markets, shopping and galleries, and near multiple subway lines.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Common Charges $647/mo
RE Taxes $8,148/yr ($679/mo)
Sale Price $609,000
Previous Price $655,000

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

$1,400

Avg Days on Market

N/A

New This Week

11

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 3:03 PM EST

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Location

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199 Bowery #5-C, Lower East Side, New York County • Near Delancey Street/Rivington Street

Floor Plans

Floor Plan 1
Floor Plan 2

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 $647 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,148, or roughly $679 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 432 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $609,000 for 432 sq ft, the asking price per square foot is approximately $1,410. 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: RLS10766410
First Listed: 9/25/2021
Price Changed: 11/3/2021
Closed: 4/19/2022
Contract Date: 9/25/2021

Listing Courtesy of Compass - Jenna McKay

Listing Contact: (310) 248-0803

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 5/4/2026 at 7:03 PM UTC

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