- 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
- $935
- Listing discount
- 5.4%
- Recorded sales
- 41
- On record
- 2006–2023
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 — individual apartments have closed at recorded prices, including trades in 2021 at more than $2.3 million and in 2023 at $1.41 million and $1.75 million — with 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.
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 — recorded trades include a residence above $2.3 million in 2021 and closings at $1.41 million and $1.75 million in 2023 — 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.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| 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 | off-mkt |
| May 20, 2021 | 10 | 2 BR · 2.5 BA · 1,811 sf | $2,349,000 | $1,297/sf | off-mkt |
| Apr 29, 2021 | 14 | 2 BR · 2 BA · 1,621 sf | $2,315,000 | $1,428/sf | -1.5% |
Market read. Most recent trades (2023) cleared a median $935/sf across 1 sale. Median listing discount 5.4% 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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.
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
The Roebling Team at 195 Bowery
The Roebling Team at Compass works the full Bowery, Nolita, and Lower East Side market, including its boutique loft condominiums. We publish this profile because buyers and sellers of full-floor loft buildings deserve building-level intelligence — the loft typology, the arrival experience, operational reality, and apartment-level pricing context — rather than generic market commentary.
If you're considering a purchase or sale at 195 Bowery, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.
Get the full picture on this building.
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