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    85 7Th Ave New York, NY 10014

    For Lease
    $66 SF/Yr

    9,000 SF, High-Traffic Location

    Lot size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story commercial space, ideally situated in the vibrant West Village, presents a unique opportunity for a discerning tenant. Boasting a generous 9,000 square feet spread across the ground floor, second floor, and basement, this property offers unparalleled versatility. The building features existing restaurant infrastructure, significantly reducing initial setup costs and streamlining the transition for a new business. With an impressive 300 feet of street frontage, the property benefits from exceptionally high foot traffic, ensuring maximum visibility and accessibility for customers. The expansive space is adaptable to a variety of uses, including restaurants, bars, nightclubs, retail establishments, or art galleries. The inclusion of a rooftop adds an extra dimension, perfect for outdoor seating, events, or simply enjoying the bustling West Village atmosphere. The asking rent is $50,000 per month, reflecting the prime location and exceptional features of this remarkable property. This is a rare chance to secure a truly exceptional space in one of Manhattan's most desirable neighborhoods. The existing infrastructure and high foot traffic make this an ideal location for a thriving business. Don't miss this opportunity to establish your presence in the heart of the West Village. Contact us today to schedule a viewing.

    Property Features for 85 7Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,000 SF

    Unit(s) available at that property

    Space
    Size
    9,000 SF
    Rate per SF
    $66

    HighLights

    • Prime West Village location.
    • 9,000 square foot, two‑story restaurant/venue space.
    • $50,000 monthly rent.
    • 300 feet of frontage, existing restaurant infrastructure, high foot traffic, and rooftop access.
    • Suitable for restaurant, venue, bar, retail, or gallery use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -74.0030892
    Latitude
    40.7326592

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    FAQs

    What type of property is this?
    Restaurant - 9,000 SF, High-Traffic Location
    Where is this restaurant located?
    The property is located at 85 7Th Ave New York, NY.
    What is the lease rate?
    The lease rate is $66 SF/Yr.
    What are key features of this property?
    This property features: Prime West Village location.; 9,000 square foot, two-story restaurant/venue space.; $50,000 monthly rent.
    Request Owner's contact information
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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
    85 7Th Ave New York, NY 10014
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