16Th St New York, NY 10011
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 0 16Th St
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 11,700 square foot single-tenant property presents a unique investment opportunity in New York City's vibrant Meatpacking District, nestled within the Chelsea submarket. Currently configured as a nightclub and restaurant, this special-purpose venue boasts a prime location on West 16th Street, zip code 10011, offering unparalleled exposure and accessibility. The property's substantial size allows for versatile use, catering to a range of entertainment and hospitality concepts. Its strategic placement within the bustling Meatpacking District ensures high foot traffic and visibility, attracting a diverse clientele. The property's existing infrastructure provides a solid foundation for immediate operation or creative redevelopment, aligning with the area's dynamic and evolving character. This is a rare chance to acquire a significant commercial space in one of Manhattan's most sought-after neighborhoods, offering substantial potential for growth and return on investment. The property's classification as Retail, Restaurant, and Special Purpose reflects its adaptability and suitability for a variety of uses within the entertainment and hospitality sectors. Its single-tenant occupancy simplifies management and provides a clear revenue stream. The property's precise latitude and longitude coordinates are 40.7406549, -74.000523. This is an unparalleled chance to own a piece of New York City's iconic nightlife scene.
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
- Saratoga
- State
- New York
- Longitude
- -74.0005
- Latitude
- 40.7407
