0 16Th St, New York, NY 10011
This exceptional 900-square-foot retail space is ideally situated in the vibrant Chelsea neighborhood of New York City, at W 16th Street, zip code 10011. Currently configured as a turnkey hair salon, this single-tenant property offers immense potential for a variety of uses, including a barbershop, coffee shop, or gallery. The space boasts a desirable layout, with 500 square feet on the ground floor and an additional 400 usable square feet in the lower level. Its prime location offers unparalleled visibility and accessibility, placing it within easy walking distance of the subway, ensuring high foot traffic and convenient access for customers. The asking rent is $6,000 per month. This property presents a unique opportunity for entrepreneurs seeking a well-established, move-in ready space in one of Manhattan's most sought-after areas. The address is conveniently located in the heart of Chelsea, offering excellent exposure and proximity to a diverse range of businesses and residential properties. The space is ready for immediate occupancy, minimizing setup time and maximizing return on investment. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is located at W 16th St, New York, NY 10011.
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
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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.