197 Bowery
Lower East Side
New York, NY, 10002

Built in 1900 this 24,668 sq.ft. building is 14% Retail, 86% Other and contains 0 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • Bowery Route JRoute Z 1 Minute walk, 0.1 Miles
    • Spring St Route 6 4 Minute walk, 0.2 Miles
    • Grand St Route BRoute D 5 Minute walk, 0.2 Miles
    • Prince St Route NRoute R 7 Minute walk, 0.4 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 11 Minute walk, 0.6 Miles
    • Spring St Route CRoute E 12 Minute walk, 0.6 Miles
    • Canal St Route ARoute CRoute E 15 Minute walk, 0.8 Miles
    • Canal St Route 1 17 Minute walk, 0.9 Miles
    • 3rd Av Route L 19 Minute walk, 1.0 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 22 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • Elementary School Choice in District 1. Contact 718-935-2003 for more information.
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • Zoned to District 1. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • Common Ground Community Iv Housing Development Fun took a mortgage for $581,000.00 from New York State Housing Finance Agency on 2009-06-15. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2008-11-26. Parties: Common Ground Community Iv Housing Development Show Details
    • Certificate (Other Documents) was filed on 2008-11-26. Parties: Commonwealth Land Title Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-06-05 between Common Ground Community Iv Housing Development and The City Of New York- Department Of Housing Show Details
    • Mortgage Agreement for $0.00 dated 2008-06-05 between Common Ground Community Iv Housing Development and N.A. Capital One & The City Of New York- Department Of Housing Show Details
    • Mortgage Agreement for $2,500,000.00 dated 2008-06-05 between The City Of New York- Department Of Housing and Common Ground Community Iv Housing Development Show Details
    • Common Ground Community Iv Housing Development took a mortgage for $1,350,000.00 from The City Of New York- Department Of Housing on 2008-06-05. Show Details
    • Common Ground Community Iv Housing Development Fun Satisfied their Mortgage with Homeless Housing And Assisitance Program on 2008-05-30. Show Details
    • Mortgage Agreement for $500,000.00 dated 2006-04-06 between and Show Details
    • Inc. Common Ground Community Hdfc Iv took a mortgage for $301,052.00 from New York State Homeless Housing on 2004-10-27. Show Details
    • took a mortgage for $2,223,484.00 from on 2004-10-27. Show Details
    • took a mortgage for $3,173,764.00 from on 2004-10-27. Show Details
    • Mortgage Agreement for $0.00 dated 2004-12-27 between Common Ground Community Iv Housing Development and Department Of Housing The City Of New York Show Details
    • Common Ground Community Iv Housing Development took a mortgage for $2,500,000.00 from Department Of Housing The City Of New York on 2004-12-27. Show Details
    • Initial UCC1 dated 2005-02-04, Debtor: Common Ground Community Iv Housing Development, Secured Party: The City Of New York, Assignee: Show Details
    • Common Ground Community Iv Housing Development Fun Satisfied their Mortgage with Industrial Bank Of Japan Trust Company on 2004-09-29. Show Details
    • Common Ground Community Iv Housing Dvlpmnt Etc took a mortgage for $456,220.00 from New York State Homeless Housing & Assistance Corp. on 2002-08-26. Show Details
    • Common Ground Community Iv Housing Dvlpmnt Fund Cp took a mortgage for $2,100,000.00 from Industrial Bank Of Japan Trust Company on 2002-02-26. Show Details
    • On 2002-02-26 a mortgage on this property was transferred from Common Ground Community Iv Housing Dvlpmnt Fund Cp to Industrial Bank Of Japan Trust Company. Show Details
    • One Bowery Inc. sold this property to Common Ground Community Iv Housing Dvlpmnt Fund Cp for $0.00 on 2002-01-30. Show Details
    • Initial UCC1 dated 2002-02-13, Debtor: Common Ground Community Iv Housing Devel. Fund Cor, Secured Party: Industrial Bank Of Japan Trust Company, Assignee: Show Details
    • One Bowery Inc granted an easement to New York Telephone Company on 1998-06-23. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 5, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Breaking Ground Iv Hdfc, 505 Eighth Ave #5TH FL, Ny, NY 10018
    • Managing Agent: Breaking Ground Management, Kenia Maldonado, 197 Bowery, New York, NY 10002
    • Head Officer: Brenda Rosen, 505 Eighth Ave #5TH FL, Ny, NY 10018
    • Officer: Dave Beer, 505 Eighth Ave #5TH FL, Ny, NY 10018
    • Site Manager: James Coldman,

    Lot

    Address
    197 Bowery, 10002
    Square Footage
    3,838
    Lot Type
    Inside
    Dimensions
    25.0ft x 153.33ft
    BBL
    1004250008

    Neighborhood

    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    5
    Fire Company
    E055
    School District
    1
    Census Tract
    18

    Zoning

    Zoning District
    C6-1
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $864,000
    MV Total
    $4,539,000
    AV Land
    $388,800
    AV Total
    $2,042,550

    Floor Area Ratio

    Built FAR
    6.43

    Residential
    Zoned FAR 3.44
    Max 13,202.72 sq. ft.
    Remaining -11,465.28 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 23,028.0 sq. ft.
    Remaining -1,640.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 24,947.0 sq. ft.
    Remaining 279.0 sq. ft.

    Building

    Category
    Asylums And Homes
    Class
    Home For Indigent Children, Aged, Homeless
    Land Use
    Public Facilities & Institutions
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    24668
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    Crime

    This property is located in the 5th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 5th Precinct saw 1206 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Average
    In 2015 the 5th Precinct saw 517 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is higher then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View