The Germania Life Insurance Building

For Sale

357 Bowery, New York, NY 10003

This New York property for sale is located at 357 Bowery. Contact the listing broker for details on the current sale price for The Germania Life Insurance Building. The Germania Life Insurance Building is situated on a lot that is 0.04 acre in size.

Contacts

Michael A. Tortorici

Ariel Property Advisors

Howard Raber

Ariel Property Advisors

Shimon Shkury

Ariel Property Advisors

Paul Monaco

Ariel Property Advisors

Chéri Roohi

Ariel Property Advisors

Property Details

  • Property Type Mixed Use - Retail / Residential
  • Property Size 7,316 SF
  • Units 4
  • Lot Size 0.04 Acre
  • Taxes / YR $54,442.00
  • Zoning C6-1 (R7-2 Equivalent)
  • # of Floors 4
  • Year Built 1870
  • Date Updated Sep 14, 2026

Investment Highlights

Ariel Property Advisors presents 357 Bowery, a rare mixed-use conversion opportunity with development rights at the epicenter of Manhattan’s thriving Noho East Village neighborhoods.

Located between East 3rd and East 4th Streets, 357 Bowery is a 24.33’ wide mixed-use building spanning 4 stories above grade, a cellar and a sub-basement. The gross area is approximately 5,647 above-grade and 7,316 sq. ft. including the cellar space.

The unit mix currently consists of retail on the 1st floor & cellar and 3 floor-through apartments above, which is broken down as follows:
• Retail unit measures approximately 3,338 sq. ft. 1st /cellar. Additional space available in the sub-cellar
• Floor-through residential apartments on the 2nd and 3rd floor are currently occupied and subject to rent stabilization
• Remaining floor-through apartment on the 4th floor is currently vacant

Built in 1870 by a prominent German-American architect, the property’s unique history led the Landmarks Preservation Commission to designate the building as a historical landmark in 2010. Notably, the building was a long-time home of famous artist American psychic, Ingo Swann.

C6-1/R7-2 provides with approximately 4,325 buildable square feet of transferrable development rights (“air rights”).

357 Bowery represents a premier opportunity for owner-users, high-end converters or assemblage-oriented developers seeking property in one of Manhattan’s most desired neighborhoods.

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Location

  • City New York, NY
  • Neighborhood East Village
  • Zip Code 10003
  • Market Manhattan

Points of Interest

  • Bleecker Street & Lafayette Street at Northeast Corner

    0.17 miles

  • Bleecker Street & Mulberry Street at Southeast Corner

    0.17 miles

  • Bleecker Street & Lafayette Street at Northwest Corner

    0.19 miles

  • Bleecker Street & Mulberry Street at Southwest Corner

    0.19 miles

  • Bleecker Street & Lafayette Street at Southwest Corner

    0.19 miles

  • Second Ave (F,V)

    0.19 miles

  • Houston Street & Lafayette Street at Northeast Corner

    0.22 miles

  • Houston Street & Crosby Street at Northeast Corner

    0.24 miles

  • Houston Street & Lafayette Street at Southeast Corner

    0.24 miles

  • 1 Avenue & Houston St

    0.28 miles

  • ChargePoint

    0.56 miles

  • Tesla Supercharger

    0.67 miles

  • Blink

    0.67 miles

  • BP

    1.06 miles

  • Mobil

    1.06 miles

  • Gulf

    2.09 miles

  • Sonamax

    2.28 miles

  • Emporium

    2.32 miles

  • Edison ParkFast

    0.09 miles

  • Village View Parking Area 1

    0.27 miles

  • Village View Parking Area 2

    0.32 miles

  • Village View Parking Area 3

    0.36 miles

  • Edison Park Fast

    0.41 miles

  • Delancey & Essex Municipal Garage

    0.53 miles

  • Christie Garage

    0.65 miles

  • iPark

    0.73 miles

  • Vincent 15 Parking LLC

    0.86 miles

  • Park Fast

    1.05 miles

  • The Bowery Hotel

    0.05 miles

  • The Standard, East Village

    0.08 miles

  • St. Mark's Hotel

    0.20 miles

  • The GEM Hotel Soho

    0.25 miles

  • PUBLIC, an Ian Schrager hotel

    0.26 miles

  • Sunshine Hotel

    0.30 miles

  • East Village Hotel

    0.34 miles

  • The Bowery House

    0.35 miles

  • Hotel Indigo

    0.40 miles

  • Mercer Hotel

    0.40 miles

  • 4th Street Food Co-Op

    0.03 miles

  • Muji

    0.14 miles

  • Whole Foods Market

    0.21 miles

  • Wegmans

    0.25 miles

  • H Mart

    0.27 miles

  • Target

    0.31 miles

  • Bulletin Nolita

    0.31 miles

  • Marshalls

    0.36 miles

  • Westside Market

    0.38 miles

  • Gristedes

    0.39 miles

Contact The Germania Life Insurance Building
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