- Year built
- 2004
- Type
- Condominium
- Units
- 16
- Floors
- 16
- Landmark
- No
- Pets
- Case-by-case under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2006–2023
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,143
- Listing discount
- 3.1%
- Recorded sales
- 50
- On record
- 2006–2023
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 195 Bowery would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
195 Bowery is a boutique loft-condominium tower at the corner of Bowery and Spring Street — the crossroads where Soho, Nolita, and the Lower East Side meet. Completed in 2004, it was built as a modern tower rising atop an existing five-story former gaslight-era factory, with the additional height achieved by transferring air rights from properties the developer also controlled on Chrystie Street. The result is a slender, sixteen-story building of predominantly full-floor and half-floor loft residences — an unusual typology for the Bowery and a marker of the corridor's transformation from skid row to one of downtown's most sought-after addresses.
The residences are genuine lofts: 1,100 to 2,400 square feet, ceilings from roughly 10'6" to over 12', oversized west-facing windows, and a keyed elevator that opens directly into the apartments. It is unambiguously an ownership condominium, with recorded apartment closings and a deep transaction and rental history typical of a full-floor loft building where owners both live in and lease their homes. The city's "condominium rentals" building class reflects that owners rent units out; the tenure is condominium.
This is a small building that competes on loft scale, privacy, light, and one of the most connected locations downtown, with open western views over Soho toward One World Trade Center and eastern views over Sara D. Roosevelt Park.
Architecture and unit composition
Keith Strand's design places a modern loft tower over a turn-of-the-century masonry base, producing a slender sixteen-story building of largely full-floor and half-floor residences. The lofts run 1,100 to 2,400 square feet with ceilings from about 10'6" to more than 12', floor-to-ceiling and oversized west-facing windows, central air, chef's kitchens, hardwood floors, in-unit washer/dryers, and private outdoor space in select units. A keyed elevator opens directly into the apartments, giving each home a private-landing arrival — a defining feature of the building.
At sixteen stories with roughly one apartment per floor, the building carries 16 residential lofts above a ground-floor retail condominium. It is served by a virtual doorman and video-intercom security rather than a full-time doorman, with a visiting superintendent, private basement storage, and bike storage.
Building operations
195 Bowery operates as a boutique loft condominium with a virtual doorman rather than full-time staff: keyed direct-to-unit elevator, virtual-doorman and video-intercom security, a visiting superintendent, private storage, and bike storage. Common charges reflect a small building of large loft residences with a security-and-storage package rather than a full amenity suite; buyers should model the full monthly carry and review reserves and any capital history during due diligence, as is prudent for a building now roughly two decades into occupancy.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2010–15 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
As a condominium, 195 Bowery prices on a price-per-square-foot basis, with loft scale, ceiling height, floor, light, private outdoor space, and condition driving unit-level value. Individual apartments have genuinely closed on the record, and the building carries a deep transaction and rental history consistent with a full-floor loft building where owners both occupy and lease their homes. Apartment-level context — the specific floor, the ceiling height, the view, and any private outdoor space — moves the number more than any building average, and the direct-elevator privacy and loft scale support pricing for well-presented homes.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Dec 8, 2023 | 3EW | 2 BR · 2,177 sf | $1,750,000 | $804/sf | -5.4% |
| Jun 21, 2023 | 4 | 1 BR · 2 BA · 1,605 sf | $1,406,500 | $876/sf | -6.2% |
| May 12, 2023 | 11 | 2 BR · 2.5 BA · 1,815 sf | $2,475,000 | $1,364/sf | -1.0% |
| Oct 27, 2022 | 5W | 1 BR · 1 BA · 871 sf | $1,135,000 | $1,303/sf | -3.0% |
| Jul 1, 2022 | 3 | 1 BR · 1.5 BA · 2,177 sf | $2,100,000 | $965/sf | +5.3% |
| Aug 31, 2021 | 13 | 2 BR · 2 BA · 1,811 sf | $3,000,000 | $1,657/sf | +0.0% |
| May 20, 2021 | 10 | 2 BR · 2.5 BA · 1,811 sf | $2,349,000 | $1,297/sf | +0.0% |
| Apr 29, 2021 | — | 2 BR · 2 BA · 1,621 sf | $2,315,000 | $1,428/sf | -1.5% |
Market read. Most recent trades (2023) cleared a median $1,143/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00425-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The lofts and the private-landing elevator are the asset. Full-floor and half-floor scale, high ceilings, and a keyed elevator opening directly into the home are the differentiators; value them fully.
Virtual doorman, not full-time staff. Security is handled by a virtual-doorman and video-intercom system, with a visiting superintendent; there is no full-time doorman.
Location is the other draw. The corner of Bowery and Spring sits at the meeting point of Soho, Nolita, and the Lower East Side — among the most connected addresses downtown.
Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.
Mansion tax thresholds apply. At this building's pricing, the $1M and $2M cliffs can be in play. Run pricing through the Mansion Tax Calculator.
Variable board financial policy — confirm at offer stage. Financing percentages and any sublet terms specific to your situation should be confirmed in writing before you commit.
What to know if you’re selling
Lead with the loft and the arrival. Full-floor scale, ceiling height, the direct-elevator entry, and the light are the marketing story; foreground them.
Pricing requires apartment-level comps. With 16 large residences, floor, ceiling height, view, and outdoor space all move the number.
Present the volume. Photography and staging that read the ceiling height, the window walls, and the loft proportions support price.
Comparable buildings
If you're considering 195 Bowery, also evaluate these nearby Bowery and downtown buildings:
- 199 Bowery — nearby Bowery condominium
- 250 Bowery — nearby Bowery boutique condominium
- 215 Chrystie Street — Herzog & de Meuron downtown architectural condominium
- 183 Chrystie Street — nearby Chrystie Street building
- 25 Bond Street — nearby NoHo loft condominium
More Lower East Side buildings
- 175 Chrystie Street — 2017 condominium
- 178 Suffolk Street — 1910 co-op
- 179 Ludlow Street — condominium
- 196 Orchard, 196 Orchard Street — 2018 condominium by Ismael Leyva Architects
- 199 Bowery (NoLiTa Place) — 2002 condominium by H. Thomas O'Hara Architects
- 199 Chrystie Street — 2020 condominium by Thomas Juul-Hansen
The neighborhood
For the full corridor — architecture, transit, and pricing across Lower East Side — read The Roebling Team Guide to Lower East Side.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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