Bankruptcy Sale: 26 Bowery, Manhattan

Description:

• Vacant mixed-use asset with 5 residential units, retail, and commercial space (formerly McDonald’s)
• Prime for substantial rehab
• 5-story walk up building in the heart of Chinatown
• Retail/Commercial spaces span 3 floors; basement, ground and the 2nd floor
• Residential units span floors 3 through 5
• 23 ft frontage on Bowery
• Prime location with heavy foot traffic and 18,000 vehicles per day on Bowery Street
• Excellent public transit options. B, D subway access on Bowery and Grand St. 4, 6 subway access on Canal St and Broadway. J, Z subway access on Centre St and Chambers St

Bid Deadline: October 30, 2024 at 5:00 p.m. (Eastern Time)
Auction Date: October 31, 2024 at 2:30 p.m. (Eastern Time)
Opening Bid: $3,750,000
(Subject To Bankruptcy Court Approval)