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.
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6 comments:

  1. AnonymousJuly 17, 2017 at 9:59 AM

    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.

    ReplyDelete
  2. AnonymousJuly 17, 2017 at 10:06 AM

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

    ReplyDelete
  3. cmarrtyyJuly 17, 2017 at 12:33 PM

    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.

    ReplyDelete
  4. AnonymousJuly 17, 2017 at 5:26 PM

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

    ReplyDelete
  5. hywel ddaJuly 17, 2017 at 5:30 PM

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

    ReplyDelete
  6. CosmoJuly 18, 2017 at 2:53 PM

    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.

    ReplyDelete

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