Man Sells $102,000 NYC Apartment For $52 Million 42 Years Later

In one of the greatest real estate investment returns in New York City history, photographer Jay Maisel sold his residence at 190 Bowery to developer Aby Rosen.

The kicker? Maisel bought the nondescript six-story building and converted it into a home for his family 42 years ago for a comparatively paltry $102,000.

190 Bowery

The historic Germania Bank Building, famously covered in an outer layer of graffiti, is already up for sale by Cushman & Wakefield and comes in at about 6,260 square feet a floor with both a basement and roof terrace. The first two floors feature an 18-foot ceiling height (ideal for retail, RFR notes) and the rest have 11-foot ceilings.

190 Bowery

While the inside gives off a “very artists live here” vibe, the 1898 building still holds a few relics from its days as a bank—including the original vault in the basement.

bowery4

Take a tour through the residence to check out all of its quirky features:

190 Bowery from Digital Destinations on Vimeo

Related Posts

Leah & Alex Sajovits present Experience unparalleled luxury in the first modern glass house building of its kind with a

Four Seasons Private Residences Coconut Grove is drawing strong interest from UK buyers seeking lifestyle, stability, and branded luxury living

Stefano Balli Presents A Modern Farmhouse Sanctuary in Pinecrest’s Most Coveted EnclaveBy The Balli Group The Balli Group introduces its

Latest Posts