55 Bethune St New York, NY 10014
This exceptional 5,629 square foot commercial space, located at 55 Bethune Street, Suite 1804 in New York, NY 10014, presents a unique opportunity. Situated on the ground floor within a 13-story, 650,000 square foot building in the Hudson Square submarket, this single-tenant property is currently configured as a 50-seat theater. The space boasts a lengthy stage, 12-foot ceilings, a lighting grid, and stadium-style seating, making it an ideal turnkey black box theater. Features include a box office, lobby, workshop, and ample storage areas. The unit faces a courtyard and is set back from Bank Street, offering convenient ADA access via Bank Street. Its location within the Westbeth campus provides excellent visibility and access to a diverse demographic, including the Westbeth Welcome Center and Westbeth Artist Gallery. This thriving mixed-use campus offers shared outdoor space, further enhancing the property's appeal. The space is perfect for a variety of uses, benefiting from its prime West Village location and ready-to-go theater setup. This is a rare opportunity to acquire a well-equipped, established performance space in a highly desirable area.
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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
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.