Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $660,000

· Closed October 15, 2019

199 BOWERY #5E
Closed For Sale Condo

$660,000

199 BOWERY #5E

Lower East Side, Manhattan

Nolita Place

MLS® #RLS10563470

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

N/A

Sq. Ft.

2001

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 2001
Ownership Condo
HOA/Common Charges $615/mo
Property Taxes $7,272/yr
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Exposure: West facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 12
Exposure West
Pets Yes
Cross Street SPRING STREET and RIVINGTON STREET
Year Built 2001
Architectural Style Prewar
Parcel # 0425-1124

Listing History

Event Date Price Change
Listed May 10, 2019 $725,000 -
Currently May 5, 2026 $660,000 -9.0%

Description

At the Gateway to all of your favorite neighborhoods (NOLITA, SOHO, LES) lies this perfectly well laid out studio apartment. The Nolita Place Condominium is a boutique full-service building that features a 24-hour doorman, fitness room, outdoor patio area, live-in superintendent, bike storage and laundry room. This lovely apartment has excellent light, wood floors, fully functional kitchen and good sized bathroom with bathtub. Live in this quiet oasis in the heart of it all! The finest art galleries, restaurants, hip hangs and boutiques all at your fingertips. The Bowery Whole Foods, subway lines in every direction, and the stunning New Museum of Contemporary Art make this a home not to be missed. Whether you are looking for a starter home, a pied-a-terre or an investment property, this is the perfect opportunity to own you piece of the hottest area in New York City.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $615/mo
RE Taxes $7,272/yr ($606/mo)
Original Price $725,000
Sale Price $660,000

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

116

Median Asking Price

$1.29M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

13

Price Reduced

28%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/5/26, 4:20 PM EST

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Location

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199 BOWERY #5E, Lower East Side, New York County • Near SPRING STREET and RIVINGTON STREET

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 $615 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,272, or roughly $606 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

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.

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: RLS10563470
First Listed: 5/10/2019
Closed: 10/15/2019
Contract Date: 5/10/2019

Listing Courtesy of The Corcoran Group - Susan D Little

Listing Contact: (510) 205-6991

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 5/5/2026 at 8:20 PM UTC

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