64 Downing StNew York, NY 10014

Property Details for 64 Downing St

Year built

1900

Lot size

0.03 AC

Property size (Sq ft)

1,192 SF

Zone code

C2-6

Property type

Retail properties

Property subtype

Retail space

APN

00528-0024

APU

5280024

Description

This exceptional West Village property at 64 Downing St, New York, NY 10014 offers 1,600 square feet of versatile flex and warehouse space currently available for lease. The building features two suites, each divisible to a minimum of 600 square feet, with a maximum contiguous space of 1,000 square feet. Ideal for a variety of businesses, this location boasts a convenient street retail frontage of 25 feet, providing excellent visibility and accessibility. The high ceilings, measuring 10 feet, offer ample vertical space for storage or creative design solutions. The property is classified as both retail and industrial, catering to a broad range of potential tenants. Situated in New York County, this property benefits from the vibrant energy and high foot traffic of the West Village neighborhood. The entire 1,600 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for two separate tenants to lease individual suites. This is a rare chance to secure a well-located, adaptable space in one of Manhattan's most desirable neighborhoods. Inquire today to learn more about leasing options and explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $289,698

  6.5%

  $267,413

  7%

  $248,312

• Comparable approach

  Method

  Valuation

  Relative Method

  $392,482

  Geo Method

  $392,482

• Alternative Use

  Use

  Valuation

  Residential

  $225,573

  Hospitality

  $206,624

  Educational

  $171,908

  Medical

  $177,821

  Retail

  $267,413

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7288

Longitude

-74.0049

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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