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.

250 Bowery Apartments Now Online; Penthouse Listed For Nearly $7 Million

Curbed and the Real Deal report today that the listings are now officially online for 250 Bowery, the new 8-story luxury building near Prince Street.  Some of the 24 apartments have already been snapped up. The lowest price is for a one-bedroom unit on the third floor for $925,000.  The priciest penthouse unit is listed at nearly $6.9 million.

VE Equities bought the property in 2010 for just under $10 million.  Elliman broker Douglas Elkund (the star of Bravo’s “million Dollar Listing New York”) told The Real Deal that interest in the property had been “incredible… I’ve never seen anything like it in my 10-year real estate career.”

Still to come at 250 Bowery: the retail portion of the project.  Clothing store Anthropologie has leased the ground floor.

Here’s the link to 250 Bowery’s web site.