Is 190 Bowery the Greatest Real-Estate Coup of All Time? -- New York Magazine

The 72-Room Bohemian Dream House

It cost $102,000 in 1966 …
How much is 190 Bowery worth now?

Maisel won’t let real-estate agents walk through or even see floor plans, so there’s lots of guessing in these assessments. He says his house is 35,000 square feet, 38,000 if you include the exterior walls; propertyshark .com has it at 27,414. Our brokers used various figures in that range. Whatever the size, if Maisel sold the place today, he’d make a hell of an ROI.

Reid Price
Brown Harris Stevens
“Propertyshark.com lists the square footage as 27,500, in which case it’s worth $30 million to $35 million. If it’s [Maisel’s figure of] 38,000, it would be $35, $45 million.”

Erin Boisson Aries
Brown Harris Stevens
“That building is a dream!” she says, putting it at about $45 million to $50 million. “I could see a hip art collector there.”

Peter McCuen
Peter McCuen & Associates
“It’s a tough one, but it might sell for $35 million to a developer or $40 million to a commercial user. Or, in the best scenario, up to $50 million for a high-net-worth buyer for a single-family residence.”

Robby Browne
The Corcoran Group
“Without actually seeing it, I’m guessing the value is between $40 million and $70 million.”

Leonard Steinberg
Prudential Douglas Elliman
Steinberg puts it at $40 million, based on 35,000 square feet, and adds, “I would do anything to get that building.”