75 Little West St New York, NY 10004
- Retail properties
- 10,000 SF
Current Use by Public Records
- Retail properties
Property Details for 75 Little West St
- Property size
- 10,000 SF
- Property type
- Retail properties
Description
This exceptional 10,000 square foot retail space at 75 2nd Place, located in the prestigious Bowling Green neighborhood of New York City (zip code 10004), presents a unique investment opportunity. Situated at the base of a 247-unit luxury condominium building, this property benefits from a high concentration of wealthy residents, with an average building unit sales price of $2 million and an average monthly rental price of $8,416. The surrounding area boasts a high average household income of $273,599 and a total population of 10,015. The property includes an attended, single-level parking garage with ramped entry and stackers, accommodating approximately 100 vehicles. Parking demand significantly exceeds supply, with 90-95 monthly parkers and an average of 20-30 daily transients. Financial performance is strong, with a pilot period (November 2022 - October 2023) generating $228,585.32 in revenue and $90,860.16 in CAM expenses. The property's prime location offers unparalleled access to major attractions, including the Museum of Jewish Heritage, Hudson River Esplanade, The Skyscraper Museum, Statue of Liberty Ferry Terminal, and the 9/11 Memorial, as well as Brookfield Place. This is an exceptional opportunity to acquire a high-performing retail property in one of Manhattan's most desirable locations. The property's address is 75 2nd Place / 70 Little West Street, New York, NY 10004.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.0174
- Latitude
- 40.7065
