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    OFF-MARKET
    Restaurants

    544 27Th St, New York, NY 10001

    30,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional West Chelsea property, located at 544 W 27th St (cross street: 10th Ave), presents a rare opportunity for a vibrant bar, restaurant, or nightclub. The 30,000 square foot building sits on a 6,500 square foot lot and is zoned M1-5 in New York County. Currently, a single space of 2,500 to 5,000 square feet is available for lease within a multi-tenant building. The space boasts a dramatic design and is fully equipped with a functioning kitchen and ventilation system, ready for immediate occupancy. Importantly, the existing liquor license permits live music, DJ performances, and dancing, offering significant potential for a dynamic entertainment venue. The property is serviced by Con Edison power. While there is no on-site parking, the convenient location in West Chelsea provides easy access to public transportation and ample street parking options. This turnkey operation presents an exciting chance to establish or expand a thriving business in a high-demand area of Manhattan. The minimum leasable space is 2,500 square feet. This is a truly unique opportunity in a vibrant and sought-after neighborhood.

    Property profile
    Verified
    Property type Restaurants
    Total area 30,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Home Quest Properties Corp. Real Estate Agency
    • Art Care NYC Renovation Specialist
    • The Hive Showroom Factory Textile Manufacturer
    • The Paris Review Publishing House
    • Measure Security Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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