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    544 27Th St New York, NY 10001

    For Lease
    Contact for pricing

    Prime NYC Bar/Restaurant Space Available

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional West Chelsea property, located at 544 W 27th St (cross street: 10th Ave), presents a rare opportunity for a vibrant bar, restaurant, or nightclub. The 30,000 square foot building sits on a 6,500 square foot lot and is zoned M1-5 in New York County. Currently, a single space of 2,500 to 5,000 square feet is available for lease within a multi-tenant building. The space boasts a dramatic design and is fully equipped with a functioning kitchen and ventilation system, ready for immediate occupancy. Importantly, the existing liquor license permits live music, DJ performances, and dancing, offering significant potential for a dynamic entertainment venue. The property is serviced by Con Edison power. While there is no on-site parking, the convenient location in West Chelsea provides easy access to public transportation and ample street parking options. This turnkey operation presents an exciting chance to establish or expand a thriving business in a high-demand area of Manhattan. The minimum leasable space is 2,500 square feet. This is a truly unique opportunity in a vibrant and sought-after neighborhood.

    Property Features for 544 27Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Unit(s) available at that property

    Space
    548 West 27th Street
    Size
    5,000 SF

    HighLights

    • Prime West Chelsea location on West 27th Street.
    • High‑profile building in a vibrant Downtown nightlife district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Home Quest Properties ... Real Estate Consultant Art Care NYC Art Restoration Service The Hive Showroom Clothing Wholesaler The Paris Review Publisher Measure Security System Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0043597
    Latitude
    40.7508362

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    FAQs

    What type of property is this?
    Restaurant - Prime NYC Bar/Restaurant Space Available
    Where is this restaurant located?
    The property is located at 544 27Th St New York, NY.
    What are key features of this property?
    This property features: Prime West Chelsea location on West 27th Street.; High-profile building in a vibrant Downtown nightlife district.;
    Request Owner's contact information
    544 27Th St New York, NY 10001
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    New York, NY 10001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    544 27Th St New York, NY 10001
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