Quirky 257 Bowery gallery building up for sale


The quirky former gallery building at 257 Bowery is for sale for the first time since it opened in 2010. The nine-story structure designed by Foster + Partners was home to the defunct Sperone Westwater gallery.

The vacant jewel-box property between Stanton and Houston streets has about 20,000 square feet, according to CBRE executive vice-president Dan Kaplan.

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View of the Sperone Westwater Gallery in New York by Foster + Partners, featuring a transparent elevator shaft facade, at dusk.
The nine-story structure at 257 Bowery was home to the defunct Sperone Westwater gallery. Universal Images Group via Getty Images

“It’s the only boutique-scale building designed by Norman Foster in the city,” Kaplan said. He estimated the property would fetch “north of $30 million.”


Facade of the Sperone Westwater Gallery in New York City by Foster + Partners, with transparent panels revealing an internal elevator shaft, flanked by brick buildings.
The 20,000 square foot building at 257 Bowery is for sale for the first time since it opened in 2010. Universal Images Group via Getty Images

A unique aspect is an elevator that “effectively acts as a moving floor for some events,” he said.
“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” among other uses, Kaplan said.

“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” among other uses, Kaplan said.


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