0 12Th St, New York, NY 10014
This exceptional 4,000-square-foot single-tenant property is situated in the vibrant Meatpacking District of New York City's West Village. Currently configured as a nightclub and restaurant, this one-story building boasts impressive 15-foot ceilings, creating a spacious and dramatic atmosphere. The property includes a fully vented kitchen, ideal for catering events or maintaining a full-service restaurant operation. Six bathrooms ensure ample facilities for patrons. A sophisticated sound and lighting system is already in place, along with a fully integrated security system, providing peace of mind for both owners and guests. The building's former use as a dance club speaks to its inherent suitability for entertainment purposes, and its high capacity makes it an attractive option for large-scale events. Located on Little West 12th Street in the 10014 zip code, this property offers unparalleled access to the area's bustling nightlife and high-end retail scene. The current asking price reflects the significant potential for revenue generation, with a reported monthly rent of $60,000. This is a rare opportunity to acquire a turnkey entertainment venue in one of Manhattan's most sought-after neighborhoods. The property is classified as Retail, Restaurant, and Special Purpose, making it versatile and adaptable to a range of uses.
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.