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Bowery

Bowery

Urban Core Neighborhood in Manhattan, New York

New York County 10002, 10003

$1,865,128 Average Value
$2,000 Average Price per Sq Ft
37 Homes For Sale

The Bowery goes from Skid Row to swanky

A Bowery address, whether in a converted warehouse loft or a new development, oozes cool. But it wasn’t always this way. In the 1940s, The Bowery was known as Skid Row, a gritty boulevard of dilapidated flophouses and low-end bars. The neighborhood later became the capital of punk rock and poetry, edging up against the newly glamorous and gentrified neighborhoods of SoHo and Greenwich Village. In the 2000s, the area started its upscale transformation, cemented by the opening of the PUBLIC hotel on Chrystie Street in 2017. “Before Ian Schrager put the PUBLIC hotel on the map, there wasn’t any new high-end development. There was nothing but good nightlife," says Emanuele Fiore, a real estate agent at SERHANT with a decade of luxury sales experience in the city. "Today, nearly seven years later, The Bowery is peppered with new luxury condo buildings.”

Luxury condos rise above reshaping Bowery's skyline.
Luxury condos rise above reshaping Bowery's skyline.
Cooper luxury condo is one of the many condos all over Bowery, New York.
Cooper luxury condo is one of the many condos all over Bowery, New York.
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Buzzy nightlife and boutiques like John Varvatos

The Bowery is no longer an area of dive bars and derelict storefronts. Sexy cocktail lounges, trendy restaurants and designer boutiques line the neighborhood streets. Inside the Bowery Hotel, the lobby bar and Italian eatery Gemma still buzz with a fashionable crowd. Other favorites include Rosie’s for tacos and the retro-inspired Flower Shop bar for gimlets and a game of pool. Occupying the legendary bar and music venue CBGBs, John Varvatos is a rock n' roll-inspired high-end menswear store infused with rock memorabilia. Other celebrated neighborhood institutions include the punk rock-themed Overthrow Underground Boxing Club, Rivington Guitars for vintage guitars and John Derian for fancy home goods. For groceries, there’s Whole Foods on Houston at Bowery.

The Bowery Hotel brings sophistication and charm to the neighborhood.
The Bowery Hotel brings sophistication and charm to the neighborhood.
Public hotels are all over New York City due to the nature of Bowery being a good tourist spot.
Public hotels are all over New York City due to the nature of Bowery being a good tourist spot.
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Accessible condos plus lavish penthouses at 215 Chrystie

Much of the Bowery is made up of low-rise tenement-style apartment and co-op buildings with a smattering of newer high-end condo developments. The neighborhood offers luxury living similar to nearby neighborhoods like SoHo or NoHo, but new construction is priced far lower. “The Bowery has the most accessible luxury real estate in downtown Manhattan,” Fiore says. Prices typically range from around $1.2 million to $5 million, depending on views and amenities; on the upper end, lavish penthouses at 215 Chrystie start at $19 million. More modest co-ops range from $675,000 to around $1.2 million.

Condos alone Chrystie offer urban living with great views in Bowery.
Condos alone Chrystie offer urban living with great views in Bowery.
New construction completed on 255 Bowery with floor to ceiling glass styling.
New construction completed on 255 Bowery with floor to ceiling glass styling.
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Murals and art galleries, including the New Museum

Along the Bowery, mixed among the restaurant-supply shops and lighting storefronts, are contemporary art galleries and legendary street murals. The New Museum is a must for contemporary art and The Hole is a trendy gallery specializing in emerging artists. The Shepard Fairey mural dedicated to CBGB and the punk band Bad Brains takes pride of place on Bowery and Bleecker, and Freeman’s Alley’s paste-ups, tags and murals and the Jean-Michel Basquiat Commemorative Plaque outside the artist’s former studio attract art and graffiti fans. “Street art is part of the fabric of The Bowery,” says Wayne Rada, founder of LISA Project, a nonprofit art organization dedicated to making and preserving art across the five boroughs. “Street art and local galleries help us remember why New York is unique.”

The Jean-Michel Basquiat Plaque commemorates the artist's life here in Bowery.
The Jean-Michel Basquiat Plaque commemorates the artist's life here in Bowery.
The Hole is a contemporary gallery found in Bowery.
The Hole is a contemporary gallery found in Bowery.
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Sara D. Roosevelt Park is the green centerpiece of community

Sara D. Roosevelt Park – a stretch of green along Chrystie Street from Houston Street to Canal Street – is Bowery’s most beloved yet problematic outdoor sanctuary. It's known for thriving outdoor sports and recreation, but also has issues with homelessness and drug use. Stanton Street courts are where locals can shoot hoops; the park also has soccer fields and playgrounds. At M’Finda Kalunga Community Garden, neighborhood gardeners can tend to veggies and plants. Around the corner from the park, the local nonprofit The Bowery Mission has provided hot meals, overnight shelter and residential programs since 1879 to aid homelessness and hunger in the neighborhood.

The park was named for philanthropist and mother of President Franklin Delano Roosevelt.
The park was named for philanthropist and mother of President Franklin Delano Roosevelt.
The garden was established in 1991 after the site was left vacant for at least 10 years prior.
The garden was established in 1991 after the site was left vacant for at least 10 years prior.
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Public and private schools include Nord Anglia International School

Kindergarten through eighth grade students can attend P.S. 140 Nathan Straus, with a C-plus Niche rating. The C-rated Cascades High School has a student-teacher ratio of 8 to 1. For those seeking a private education, Nord Anglia International School serves Pre-K to 8th grade and has an A rating on Niche.

Nord Anglia International School is located on East 2nd Street in Bowery, New York.
Nord Anglia International School is located on East 2nd Street in Bowery, New York.
Great Oaks Charter School is located on the corner of Forsyth and Delancey St.
Great Oaks Charter School is located on the corner of Forsyth and Delancey St.
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Served by several lines including the J and Z at The Bowery

Besides all the traffic moving to and fro between Houston Street to the Williamsburg and Manhattan bridges, the Bowery houses many of the subway lines connecting all five boroughs including the Bowery J and Z station.

Bowery residents have great commuting options with the Broadway Lafayette station.
Bowery residents have great commuting options with the Broadway Lafayette station.
Bowery Station also offers local and express service into Brooklyn.
Bowery Station also offers local and express service into Brooklyn.
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Gabrielle Golenda
Written By
Gabrielle Golenda
Franklin Abreu
Photography Contributed By
Franklin Abreu
EB Fox
Video By
EB Fox

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Dylan Hoffman, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

20 min drive

Subway

Lower East Side-2 Avenue

Subway

Bowery

Subway

Grand Street (B,D Line)

Bus

Allen St & E Houston St

Bus

E Houston St & Forsyth St

Bus

Bowery & E 3 St

Bus

Bowery & Hester St

Bus

Bowery & Grand St

Bus

Bowery & Delancey St

Bus

2 Av & E 3 St

Crime and Safety

1 - Low Crime, 10 - High Crime Bowery US
Homicide 2 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 7 4
Burglary 4 4
Motor Vehicle Theft 2 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$2,160,000
Median Single Family Price
$3,350,000
Median Townhouse Price
$5,750,000
Median 2 Bedroom Price
$1,930,000
Median 1 Bedroom Price
$985,000
Average Price Per Sq Ft
$2,000
Number of Homes for Sale
37
Last 12 months Home Sales
33
Months of Supply
13.50
Median List Price
$1,950,000
Median Discount From 1st List Price
6%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
426
Median Year Built
2001
Avg. Single Family Home Size Sq Ft
3,222
Significantly above the national average
1,935
Average 2 Bedroom Size Sq Ft
1,398
Average 1 Bedroom Size Sq Ft
808
Average Studio Size Sq Ft
600

Open Houses

  • Sunday, Apr 27
    12 - 1pm

    99 E 4th St Unit 4A, New York, NY 10003

    $1,795,000

    • 3 Beds
    • 2 Baths
    • 1,219 Sq Ft
    • 99 E 4th St
    • Unit 4A
    • New 2 days ago

    Residence 4A is an oversized, pre-war three-bedroom in the heart of the East Village. 4A offers ten windows throughout providing ample natural sunlight from three different exposures. Upon entry you are greeted by a large hall closet and dining area with a west facing window. The windowed kitchen boasts a walnut wood breakfast bar, with overhang for stools, custom blue shaker cabinetry, Viking

    Nadia Bartolucci Douglas Elliman Real Estate

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  • Sunday, Apr 27
    11am - 12:30pm

    99 E 4th St Unit 6M, New York, NY 10003

    $695,000

    • 1 Bed
    • 1 Bath
    • 99 E 4th St
    • Unit 6M
    • New 7 days ago

    Sunny, Top-Floor Prewar 1 Bedroom in East Village Art Deco Elevator Building This beautiful top-floor prewar 1 Bedroom/1 Bath with south, west and north exposures, 9-foot ceilings and views of the Empire State Building is a very special find. This apartment features a gracious entry foyer preceding a south-west living room that's awash in sunlight and offers classic East Village rooftop

    David Glick Douglas Elliman Real Estate

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  • Sunday, Apr 27
    12 - 2pm

    199 Chrystie St Unit 4-S, New York, NY 10002

    $2,900,000

    • 2 Beds
    • 3 Baths
    • 1,267 Sq Ft
    • 199 Chrystie St
    • Unit 4-S
    • New 9 days ago

    Residence 4S at 199 Chrystie Street, where contemporary elegance meets the vibrant energy of downtown Manhattan. This 1,267-square-foot home offers 2 bedrooms and 3 bathrooms, with floor-to-ceiling double-paned sliding glass doors that open to a Juliet balcony, inviting natural light and serene park views.The residence features European wide-plank oak floors and high ceilings, creating an open

    Neal Klotsman Compass

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Dylan Hoffman, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
14,012
Median Age
39
Population Density
134 ppl/acre
Population under 18
15%
Below the national average
23.8%
Population over 65
19.1%
On par with the national average
19.1%

Finances

Median Household Income
$62,370
Below the national average
$71,702
Average Household Income
$99,800

Education and Workforce

High School Graduates
75.9%
Below the national average
89.1%
College Graduates
51.1%
Above the national average
34.1%
Advanced Degrees
15.3%
% Population in Labor Force
64.7%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''

Area Factors

Biker's Paradise

Bike Score®

96 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Bowery