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New York & Tri-State  + Downtown New York  + Apartments  | 

B6 Markets Former Banksy Site on Lower East Side

B6 Real Estate Advisors has been retained as the exclusive sales team for 159 Ludlow St. on Manhattan’s Lower East Side, with an asking price of $2.495 million. The firm says the property represents an opportunity to develop a boutique townhouse, two-family, mixed-use and/or commercial building in one of Manhattan’s most sought-after neighborhoods.

In 2013, Banksy used the site as part of his “residency on the streets of New York.” The piece he created condemned the United States’ role in the Iraq War, depicting men brandishing weapons and powerful horses wearing night vision goggles. More recently, the site became popular with pop-up art displays in the past few years.

A B6 team of Stephen Dadourian, Chris Brodhead, Nikola Cosic and Jonathan Buerger is marketing the property. The site offers 4,271 buildable square feet, and will be delivered vacant.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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