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    62 Gansevoort St New York, NY 10014

    Sponsored
    For Lease
    $120 SF/Yr

    Prime Meatpacking, 7,000 SF Nightclub

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turn-key nightclub, located at 62 Gansevoort Street in New York City's vibrant Meatpacking District (zip code 10014), presents a unique investment opportunity. Spanning 7,000 square feet across two stories, this fully operational venue boasts a high ceiling and a substantial capacity of 300 patrons. The property features a professionally equipped stage with a complete lighting system, ensuring a dynamic and engaging atmosphere for any event. A fully vented kitchen is included, allowing for diverse operational possibilities beyond just beverage service. The space's history as a former dance club speaks to its inherent suitability for this purpose. Six bathrooms cater to the venue's capacity, and comprehensive security systems are in place for peace of mind. The building enjoys prominent street presence with a 45-foot frontage on Gansevoort Street. The current asking rent is $70,000 per month

    Property Features for 62 Gansevoort St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Unit(s) available at that property

    Space
    Size
    7,000 SF
    Rate per SF
    $120
    Property Profile Location Intelligence

    Current Use by Public Records

    Belstaff Clothing Store Ocean Size Pictures Picture Frame Shop

    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
    -74.0073155
    Latitude
    40.7392285

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    FAQs

    What type of property is this?
    Restaurant - Prime Meatpacking, 7,000 SF Nightclub
    Where is this restaurant located?
    The property is located at 62 Gansevoort St New York, NY.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    Request Owner's contact information
    62 Gansevoort St New York, NY 10014
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    New York, NY 10014
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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
    62 Gansevoort St New York, NY 10014
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