250 Bowery
250 Bowery, New York, NY 10012
BBL 1005077502 · BIN 1088773
- Year built
- 2013
- Type
- Condominium
- Units
- 24
- Floors
- 8
- Pets
- Dogs and cats permitted under condominium rules
- Subletting
- Current terms are not established here; confirm the operative declaration, bylaws and house rules at offer stage
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2013–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,752
- 2 sales
- Listing discount
- 0.0%
- Recorded sales
- 38
- On record
- 2013–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 250 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.
250 Bowery is the clearest statement of Morris Adjmi's "contextual industrial" approach to downtown design — a black metal-and-glass tower whose factory-sash façade was conceived as a deliberate counterpoint to the white, stacked-box New Museum that the firm SANAA designed directly across the street. The pairing makes this stretch of the Bowery one of the most architecturally self-aware blocks downtown, and the building won a 2014 AIA New York Merit Award for the result.
It is a boutique condominium: 24 residences across eight stories, with ground-floor retail and a small, design-led amenity package. The developer, The Vella Group, delivered a building with Boffi kitchens, Miele and Sub-Zero appliances, white-oak floors, and penthouses with fireplaces and operable skylights — finishes pitched at the trophy end of the downtown new-construction market.
The location is central downtown culture: opposite the New Museum, near Foster + Partners' Sperone Westwater gallery, and at the Nolita / Lower East Side / NoHo crossroads.
Architecture and unit composition
The 24 residences run from loft-style one- and two-bedrooms through four duplex penthouses. The factory-sash façade produces the oversized industrial windows and strong light that define the apartments; the lower two floors hold retail. Penthouses add fireplaces and operable skylights, and the duplex layouts give the top of the building genuine scale.
Interiors carry the finish package the architecture promises: Boffi kitchens, premium appliances, white-oak flooring, and washer/dryers in every residence — a fully modern building behind a contextual industrial face.
Building operations
250 Bowery operates as a boutique condominium with a full-time attended lobby and concierge, a residents' lounge, a bike room, private storage, and a furnished landscaped roof deck. There is no in-building gym and no on-site parking — typical for a 24-unit boutique building of this vintage. Service is scaled to the small unit count.
Completed as new construction in 2013, the building's mechanical systems and envelope date from that work; their current condition needs confirming from recent engineering reports. As with any condominium, buyers should review current financial statements, the reserve study, board minutes, and any active or planned capital projects during due diligence.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,316 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $5.27 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Residents' lounge, roof deck, bike storage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $13,739/yr
- Per unit / month range
- $0 – $48
- Modeled exposure split equally across 24 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 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 data last refreshed October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2021
- Fully taxed from
- FY2022 (2021–22)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2022 runs July 1, 2021 to June 30, 2022. The benefit last appears on the 2021 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
250 Bowery prices as a boutique downtown trophy condominium, with the duplex penthouses in their own tier above the loft-style one- and two-bedrooms. As a condo, the unit-level variables — floor, exposure, whether a unit is a penthouse duplex, outdoor access, and finish condition — drive most of the pricing spread; establish the available comparable sample from dated sales and actual apartment plans. Pricing is best read at the apartment level.
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 |
|---|---|---|---|---|---|
| May 12, 2025 | PHD | 3 BR · 3.5 BA · 2,462 sf | $4,540,000 | $1,844/sf | -7.6% |
| Mar 7, 2025 | PHB | 3 BR · 3 BA · 1,793 sf | $2,975,000 | $1,659/sf | -4.0% |
| May 23, 2024 | 6D | 1 BR · 1 BA · 543 sf | $1,155,000 | $2,127/sf | -11.0% |
| Oct 2, 2023 | PHC | 2 BR · 2.5 BA · 1,611 sf | $3,970,000 | $2,464/sf | -6.6% |
| Aug 24, 2023 | 5D | 1 BR · 1 BA · 542 sf | $1,140,000 | $2,103/sf | -8.8% |
| Aug 2, 2023 | 6C | 1 BR · 1 BA · 635 sf | $1,225,000 | $1,929/sf | +0.0% |
| Feb 17, 2023 | 6E | 1 BR · 1 BA · 600 sf | $1,150,000 | $1,917/sf | -8.0% |
| Jul 8, 2021 | PHA | 2 BR · 2.5 BA · 2,387 sf | $3,450,000 | $1,445/sf | -13.6% |
Market read. Most recent trades (2025) cleared a median $1,752/sf (recorded) across 2 sales. Median listing discount 0.0% from the last ask.
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 1-00507-7502; each condominium apartment is its own tax lot). 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.
Closed rents at 250 Bowery, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 5 | $6,500 |
| 2 bedroom | 6 | $9,375 |
11 closed leases, October 2023 to September 2026. Most recent lease June 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 250 Bowery and nearby.
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 architecture is the asset — and the differentiator. An award-winning Adjmi façade opposite the New Museum is permanent design value. Buyers here are buying into a specific architectural moment on the Bowery.
Know the amenity tradeoff. This is a design-led boutique building: roof deck, lounge, concierge, and storage — but no gym and no parking. If those are dealbreakers, weigh them up front.
Confirm the condominium's use rules. Pied-à-terre, investment, LLC, trust, foreign-buyer and sublet rules are not documented here; confirm them in the current declaration, bylaws and house rules at offer stage.
Mansion tax applies. At this pricing the mansion tax and its cliff thresholds are in play. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Lead with the architecture and the New Museum context. The Adjmi pedigree, the AIA award, and the cultural setting are the differentiators against generic downtown new construction.
Penthouses are their own market. The duplex penthouses with fireplaces and skylights should be marketed distinctly from the lower-floor lofts.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 250 Bowery, also evaluate:
- The Schumacher (36 Bleecker) — Adjmi 2015; nearby NoHo conversion from the same architect
- 40 Bond Street — Herzog & de Meuron 2007; nearby NoHo trophy
- 25 Bond Street — BKSK 2008; nearby NoHo trophy
- 196 Orchard — 2018 condominium; nearby Lower East Side peer
- 215 Chrystie Street — Herzog & de Meuron 2017; nearby Bowery-edge trophy
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.
Considering a move at 250 Bowery?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com