55 Bethune St New York, NY 10014
This exceptional 8,848-square-foot commercial space, located in Suite 250 of the iconic Westbeth Center for the Arts in Hudson Square, offers a unique opportunity. Situated on the second floor, this single-tenant space boasts a large, floor-to-ceiling windowed entrance overlooking the inner courtyard, accessible via a distinctive rampway. Previously used for diverse commercial purposes, including office space and a religious sanctuary, the unit features high ceilings, lengthy walls, and a spacious private closet. Its adaptable layout is ideal for a variety of uses, making it perfect for organizations seeking a creative and inspiring environment. The Westbeth Center, a 650,000-square-foot complex of ten interconnected buildings, is part of Manhattan's highly desirable West Village, known for its high average household income, walkability, and proximity to numerous cultural attractions, including Pier 51, Little Island, and the Whitney Museum. The campus itself is a landmarked complex with charming details like barrel-vaulted ceilings, fostering a vibrant community of artists and cultural organizations. This location provides unparalleled access to the West Village's boutique district and is conveniently located near public transportation, parks, and other commercial hubs. The property offers a unique blend of historical significance, artistic inspiration, and prime West Village location. Elevators are available within the larger complex. The property is located in New York County, within the Hudson Square submarket, and has a cross street of West Street.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.