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357 W 16th St

6,000 SF 4-Star Retail Building New York, NY 10011 $9,288,000 ($1,548/SF)

Storefront Properties New York New York 357 W 16th St, New York, NY 10011

Investment Highlights

  • Stabilized Income Stream
  • Tenant with Proven Track Record
  • Architectural Allure
  • Turnkey Investment Opportunity

Executive Summary

Fully leased to La Victoria NYC, a premier nightlife destination, this sleek ±3,496 SF venue boasts soaring 30-foot ceilings, a chic mezzanine, and private event spaces designed for unforgettable experiences. With a long-term NNN lease through 2034, La Victoria NYC provides reliable cash flow while delivering a unique Latin-inspired atmosphere that draws a loyal, upscale clientele, inspired by its award-winning Miami flagship. Priced at $9.288M, the property offers a projected 10-year average annual rent of $672,203, combining stability and upside potential in a top-tier NYC market.

Attachments

357 West 16th St Teaser

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1940/2012
Price
$9,288,000
Price Per SF
$1,548
Tenancy
Single
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.07 AC
Zoning
R8B - R8B Zoning is considered “high density” residential zoning. It typically has multifamily buildings that are often 6 or 7 stories.
Frontage
25 FT on West 16th Street

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Air Conditioning

Links

1 of 1
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

The Coffee Bean & Tea Leaf
Starbucks
Chase Bank
New York Sports Clubs
Just Salad
Bank of America
P.f. Chang's
Western Beef
Wells Fargo Bank
SoulCycle

PROPERTY TAXES

Parcel Number 0740-0006 Improvements Assessment $1,786,791
Land Assessment $182,250 Total Assessment $1,969,041

PROPERTY TAXES

Parcel Number
0740-0006
Land Assessment
$182,250
Improvements Assessment
$1,786,791
Total Assessment
$1,969,041
(212) 254-1600 x118

Contacts

  • Listing ID: 34049630

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 357 W 16th St, New York, NY 10011

More public record information on 357 W 16th St, New York, NY 10011

The Retail Property at 357 W 16th St, New York, NY 10011 is currently available for sale. Contact HKS Real Estate Advisors LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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357 W 16th St
(212) 254-1600 x 118

357 W 16th St

1/2

Peter Carillo

(212) 254-1600

x118

(212) 254-1600 x118

Max Rubinchik

(212) 254-1600

(212) 254-1600

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