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259 Bowery Fl 2, New York, NY, 10002

2beds
2baths
2,240sqft
$3,400,000
$1,518price/sqft
$20,596/moest. monthly cost
$823,840/yrincome needed

About This Home

Occupying an entire floor of a boutique condominium, this remarkable loft designed by renowned architect West Chin offers approximately 2,250 square feet of interior space, a private terrace, and soaring 11.5-foot ceilings in the heart of downtown Manhattan. Perfectly situated where Nolita, NoHo, SoHo, and the Lower East Side converge, the residence blends dramatic proportions, thoughtful design, and modern comfort in equal measure. A keyed elevator opens directly into the home, revealing a loft that stretches nearly 100 feet from end to end. At the front of the residence, an expansive great room serves as the centerpiece of daily life and entertaining. Oversized CitiQuiet windows welcome western light throughout the day, while an architectural Aspen wood ceiling feature adds warmth and visual interest overhead. A wood-burning fireplace clad in white marble anchors the room, complemented by custom built-in seating and ample space for both living and dining. The open kitchen balances sleek design with professional-grade functionality. Outfitted with Poggenpohl cabinetry, granite countertops, a vented Viking range, Sub-Zero refrigeration, and a substantial center island, the space is equally suited to casual meals and larger gatherings. Located at the center of the loft, a separate den with custom millwork and integrated audio creates a comfortable retreat away from the main entertaining areas. The nearby full bath is designed as a spa-inspired wet room finished with mosaic tile flooring, glass walls, and brushed steel finishes. The home's bedrooms occupy the quieter eastern side of the floor. Both enjoying direct access to the terrace through oversized glass doors and each feature exposed brick, custom built-ins, and soft eastern light. Between them, a generously sized dressing room lined with floor-to-ceiling storage provides an abundance of closet space. The primary bath is finished in Carrara marble and includes radiant heated floors, a freestanding soaking tub, separate rain shower, Duravit fixtures, and a double vanity. Additional features include hardwood flooring, extensive custom storage, central air conditioning, Lutron lighting controls, an in-unit washer and dryer, and a private storage cage. 259 Bowery is an intimate five-residence condominium with a visiting superintendent. Surrounded by some of Manhattan's most celebrated restaurants, boutiques, galleries, and cultural destinations, the building offers immediate access to the best of downtown living while offering a unique blend of privacy, scale, and architectural design.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
95
BikeBiker's Paradise

Schools

3/10
S.T.A.R. Academy - PS 63Grades PK-50.3 mi
9/10
--

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 2,240
  • Total interior livable area: 2,240 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Balcony
  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,192$206,304
Home Insurance *$1,023$12,276
Property Taxes $2,011$24,132
Electricity $370$4,442
Total$20,596$247,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$706,148/yr
40% on housing$617,880/yr
45% on housing$549,226/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,518This listing

vs Other Active Listings

Avg $/sqft

ZIP 10002$1,100
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10002$675
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$3,400,000
2025-11-13Listing removed$3,500,000
2025-05-09Listed for sale$3,500,000
2024-11-06Listing removed$13,000
2023-09-18Listing removed--
2023-08-14Price change$13,000
2023-07-25Price change$13,950
2023-07-06Price change$14,500
2021-07-26Listing removed--
2021-07-07Listed for sale$3,895,000
2021-05-17Listing removed--
2021-04-15Listed for sale$3,895,000
2012-11-26Sold$0

For Sale by Agent

AgentJonathan Lavoie
BrokerageCompass

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