Property profile

62 Gansevoort St New York, NY 10014

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Clothing Store
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

62 Gansevoort St New York, NY 10014
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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