RKF has arranged the $9.25 million sale of a 6,800 s/f mixed-use building located at 325 Bowery in Manhattan.
Located on the northeast corner of 2nd Street, 325 Bowery consists of retail and loft-style residential space on four floors above a basement and sub-basement.
The ground floor is currently occupied by Peels NYC cafe. The building was originally constructed in 1900.
“The Bowery continues to be one of the most active markets for new sales and retail leasing in Manhattan,” said Segall of RKF.
“We only expect demand to increase in the coming months and years as the Bowery continues to evolve.”
The sale of 325 Bowery represents the latest of several Bowery-area property transactions that RKF has arranged on behalf of its clients.
In May, RKF was chosen to serve as the exclusive leasing agent for 328 Bowery after arranging its sale and, in June, Segall arranged a 3,750 s/f lease for apparel retailer Curve at 57 Bond Street.