Penthouse Sale at 250 Bowery Sets Record at $3.9 Million

A penthouse unit at 250 Bowery. Photo via Instagram.

The Bowery continues to lure apartment buyers with deep pockets.  The Real Deal reports that a penthouse unit at 250 Bowery, the new project by VE Equities, is in contract for $2500 square foot, or about $3.9 million.  Douglas Elliman broker Fredrik Eklund announced the pending sale on his Instagram feed, saying it set a record on the Bowery. Appraisers seemed to agree that the deal surpasses any other sale on the Bowery, at least in the past six years.

The penthouse unit is a 2-bedroom, 2.5 bath, 1557 square foot space with an outdoor area.  Eklund did not reveal the purchaser. The apartment was originally listed for $4.4 million.  According to StreetEasy, 18 units are in contract at 250 Bowery; the cheapest apartments were offered at $925,000.  Six units are still listed, including another penthouse apartment for $5.95 million.