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3 Freeman Aly
New York, NY 10002
3 Freeman Alley @ Unique Opportunity · Retail Property For Lease
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63,599 SF


Highlights
- Extensive redevelopment completed in 2024 with elevated design and contemporary infrastructure.
- Located in Bowery—an established lifestyle destination effortlessly accessible via multiple subway lines (J/Z, F, B/D, 4/6).
- Positioned within a dense residential and retail submarket influenced by continued Lower Manhattan growth and tourism traffic.
- Approximately 63,599 SF across 14 stories with 0.20-acre site footprint.
- Amenities include on-site dining, rooftop patio areas, and high-speed internet across public areas.
- Zoning C6-1 supports high-density commercial use in an evolving mixed-use neighborhood.
Property Facts
| Total Space Available | 5,000 SF | Building Size | 63,599 SF |
| Property Type | Hospitality | Year Built/Renovated | 1910/2024 |
| Property Subtype | Hotel |
| Total Space Available | 5,000 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Size | 63,599 SF |
| Year Built/Renovated | 1910/2024 |
About the Property
The hospitality property at 3 Freeman Alley resides in the Lower East Side Bowery district within Manhattan. It spans approximately 63,599 square feet and sits on a 0.20-acre lot, accommodating a 14-story structure. Originally built in 1910, the building underwent significant renovations in 2024 aimed at optimizing operational efficiency and guest amenities. Assessor data indicates a combined assessment exceeding $14.5 million. The property is situated within a C6-1 zoning district, which supports destination-oriented uses aligned with the area’s mixed residential, commercial, and cultural activity.
Features and Amenities
- Balcony
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
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