The Bowen (289 Schermerhorn Street)

The building combines a restored masonry base with a six-floor metal-clad addition. All 71 homes have interiors by CL-OTH Interiors: oversized windows, custom hardwood floors and in-unit laundry closets. Kitchens have quartzite countertops, walnut cabinetry, a full-height pantry and integrated appliances, and select kitchens have curved islands or peninsulas. Primary baths use hand-laid Japanese tile and double vanities.

Many homes have a flex room sized for an office or studio, and select homes have private terraces. Sizes by line are in the plan and the sponsor's floor plans.

Amenity space is reported at over 6,000 square feet: an attended lobby, a windowed gym with a movement studio, two lounges (one for coworking, one for entertaining with an exhibition kitchen), a children's playroom and a roof terrace with grilling stations and Manhattan skyline views.

The sponsor's offering-plan legend lists file number CD20-0178 with 285 Schermerhorn LLC as sponsor, and the homes are offered under that plan filed with the New York State Attorney General. The Attorney General accepted the plan for filing on January 2, 2026, at a total offering price of about $119.9 million, since amended to about $119.4 million; the record showed no effective date as of October 2026.

On the sponsor's published pricing at launch in April 2026, the first available homes started at about $995,000 for one-bedrooms, $1.285 million for two-bedrooms and $3 million for three-bedrooms. Unit-level asking prices seen in October 2026 were about $1.075 million for a one-bedroom, about $1.225 million for a 935-square-foot one-bedroom and about $1.845 million for a two-bedroom. Asking prices change; verify against the current price list.

Published sources disagree on completion details. Press reports a 1925 construction date; city records show 1926. A DOB filing for the address lists 105 dwelling units, against 71 in the sponsor's marketing. The 71-home figure is the one buyers are shown; the plan controls.

Deposits and contracts. Sponsor purchases typically require a deposit of 10 to 20 percent of the price, paid in two installments, held in escrow, with a contract based on the plan's form.

Closing costs. In sponsor sales the buyer customarily pays New York State and New York City transfer taxes, which the seller normally pays in resales, along with the sponsor's attorney fees and, on purchases of $1 million or more, the 1 percent mansion tax. Two- and three-bedroom pricing here is above that line, and some one-bedrooms are as well. Use the Mansion Tax Calculator.

Temporary certificate of occupancy. New condominiums typically close on a TCO, with a requirement that the sponsor complete open items. Confirm the building's TCO status and any escrow or holdback for open work.

Common charges and taxes. The plan's budget projects common charges and real estate taxes. Use the plan budget for common charges; published figures for similar one-bedrooms vary. Owners typically take control of the board after a set percentage of units has closed.

Tax abatement. Ask whether the plan provides one, and when it phases out, before comparing carrying costs.

Conversion points. Because the base is a 1925 office building, ask for the alteration scope, window specifications and the sponsor's warranty terms.

If you're considering The Bowen, also evaluate these nearby Downtown Brooklyn and Boerum Hill condominiums:

• 11 Hoyt Street — Downtown Brooklyn condominium tower a short walk away
• 138 Willoughby Street (Brooklyn Point) — high-rise condominium with a large amenity package
• 85 Fleet Street (The Brooklyn Tower) — supertall condominium with views
• 10 Nevins Street (The Brooklyn Grove) — new-construction condominium on Nevins Street
• 120 Boerum Place — Skytrack condominium nearby
• 76 Schermerhorn Street (The Symon) — condominium on the same street