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

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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.


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

190 Bowery from Digital Destinations on Vimeo

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