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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

55 Bethune St New York, NY 10014

650,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,948-square-foot ground floor retail space is situated within the prestigious Westbeth Center for the Arts in Manhattan's West Village. Located at 55 Bethune Street, Suite 1803, this single-tenant property offers a unique opportunity to become part of a vibrant, historic community. The space boasts charming architectural details including gorgeous barrel-vaulted ceilings and floor-to-ceiling windows overlooking a tranquil interior courtyard. Currently configured as a daycare, the landlord is open to a wide range of uses, making it ideal for various businesses. The Westbeth Center, a 650,000-square-foot complex spanning thirteen stories and ten interconnected buildings, provides a unique environment with a thriving mix of artists, cultural organizations, and commercial tenants. Its location in the heart of the West Village offers unparalleled access to the area's high-end retail and dining scene, as well as convenient proximity to public transportation, parks, and renowned cultural attractions such as Pier 51, Little Island, and the Whitney Museum. The surrounding neighborhood features a high average household income and a strong sense of community. The property itself is part of an individually landmarked campus of historic significance, adding to its inherent charm and appeal. This is a rare opportunity to establish a presence in one of Manhattan's most desirable and sought-after locations. The building includes elevators. The property is conveniently located near West Street.

Property profile
Verified
Property type Retail properties & Spaces
Total area 650,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Joan Roberts Garcia Sculpture
  • Thrash Studio Film Production Television Studio
  • EricoPilates Gym & Fitness Center
  • Ann Hamilton Vintage (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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