544 27Th St, New York, NY 10001
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.
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Home Quest Properties Corp. Real Estate Agency
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Art Care NYC Renovation Specialist
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The Hive Showroom Factory Textile Manufacturer
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The Paris Review Publishing House
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Measure Security Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.