Property profile

0 New York Ny New York, NY 10014

OFF-MARKET
Commercial real estate
10,000 SF Built 2003
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Property summary

AI-generated overview

This exceptional 10,000 square foot, two-story Class A venue is ideally situated in the vibrant Meatpacking District of New York County. Built in 2003 and renovated in 2012, this single-tenant property offers a magnificent space perfect for a variety of uses. Boasting 20-foot ceilings, the building comfortably accommodates up to 1,000 people. A fully equipped and vented kitchen is included, along with a stage and a comprehensive lighting system, making it suitable for large-scale events. The property features twelve bathrooms, ensuring ample facilities for guests. Security systems and elevators are in place. The building's former use as a dance club speaks to its inherent suitability for entertainment and event-based businesses. This unique property presents a rare opportunity to acquire a turnkey venue in one of Manhattan's most sought-after locations. The property is categorized as Special Purpose, Retail, and Industrial, reflecting its versatility and potential for diverse applications.

Property profile

Verified
Property type Commercial real estate
Year built 2003
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

New York Ny New York, NY 10014
New York metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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