Monday, July 17, 2017

Retail space at 347 Bowery sells for $20 million



A transaction from last week to note... in which developer Urban Muse sold the 8,400-square-foot commercial space at the base of 347 Bowery for $20.3 million, according to The Real Deal.

This is the two-level, bank-branch looking storefront at Third Street...



No word on a tenant (or tenants!) for the space. And no mention of the rent at RKF.

The listing notes:
"With a mix of luxury contemporary fashion labels, high-end dining options and influential neighbors, the area is a perfectly curated mix of downtown cool and cultured sophistication."



The listing does not divulge that this retail opportunity is directly next door to a 7-Eleven.



The Annabelle Selldorf-designed 13-story luxury building features five stacked town homes.

6 comments:

Anonymous said...

I'm waiting for someone to open the "Museum of Urban Gentrification" or MUG for short. Oh wait, we are all living in it already.

Anonymous said...

"... downtown cool and cultured sophistication" - yeah, cos that Smell-o-Vision event they had recently is just so cool and sophisticated.

cmarrtyy said...

It's too boring for retail. But then again so is the Bowery. Not enough traffic. More than likely it will be another foodie emporium.

Anonymous said...

Am I reading that right, just 5 stacked town homes? So each one is two stories by the look of it?

Hywel Dda II said...

Yes, it does mention the 7-11. "Influential neighbors"!!!!

Cosmo said...

Wow. The previous building was pretty ugly, but this one wins the fugly prize. The 7-11 has more color and style. Just looking at this pic makes me depressed.