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    144 27Th St New York, NY 10001

    For Sale
    Contact for pricing

    9,500 SF Vacant Retail Space

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9,500 square foot retail condominium, located at 144 W 27th Street in New York, NY 10001, presents a unique investment opportunity. The space is currently vacant and offers 5,000 square feet of ground floor retail space complemented by 4,500 square feet of sellable below-grade space. Natural light floods the space through strategically placed skylights and rear windows on both levels. Its prime location, steps from the Fashion Institute of Technology (FIT) and Penn Station, ensures exceptional visibility and accessibility within a vibrant commercial district. The property benefits from its proximity to a range of high-profile businesses and amenities, including the newly opened INNSIDE by Melia hotel (over 300 rooms), Bodyrok Pilates, Starbucks, Equinox, SoulCycle, Chipotle, The Ned, Sweetgreen, The Ritz, Moxy Chelsea, and Cava. The 6,682 square foot lot provides ample space, and the property's strong neighborhood tenancy makes it an ideal location for a variety of commercial ventures seeking high foot traffic and a desirable address in Manhattan. This retail condo offers a compelling combination of size, location, and surrounding amenities, making it a highly attractive investment prospect.

    Property Features for 144 27Th St

    General Information

    Property type
    Retail properties
    Square Feet
    9,500 SF

    HighLights

    • 9,500 SF retail condominium at 144 W 27th St, NYC.
    • Vacant space with 5,000 SF ground floor and 4,500 SF lower level.
    • Excellent natural light via skylights and rear windows.
    • Prime location near FIT and Penn Station, high foot traffic.
    • Strong surrounding tenancy including hotels, restaurants, and fitness studios.
    • 6,682 SF lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AMBOSS Educational Testing Service John L. Miller, ... Psychologist Artestar Marketing Consultant Shari T. Rosenblatt, ... Social Worker Videograf Video Production Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center

    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
    -73.9929493
    Latitude
    40.7460315

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    FAQs

    What type of property is this?
    Retail property - 9,500 SF Vacant Retail Space
    Where is this retail property located?
    The property is located at 144 27Th St New York, NY.
    What are key features of this property?
    This property features: 9,500 SF retail condominium at 144 W 27th St, NYC.; Vacant space with 5,000 SF ground floor and 4,500 SF lower level.; Excellent natural light via skylights and rear windows.
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    144 27Th St 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
    144 27Th St New York, NY 10001
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