The 5,820-square foot retail condo was acquired in June 2012. The intent is to hold the condo as the Bowery improves as a retail corridor with respect to both rents and tenancy. Since acquisition, the retail landscape has shifted from largely appliance shops to high end fashion and restaurant retailers. The Turnbridge team will continue to monitor the changing landscape to determine an optimal exit strategy.

New York, NY: 354 Bowery

Address

354 Bowery, New York, NY

Submarket

Bowery

Size

5,820 square feet

Type

Retail

Date Acquired

June 2012

Date Sold

January 2018