20 14Th StNew York, NY 10011

  • Residential income properties
  • 11,240 SF
For Lease

Property Details for 20 14Th St

Year built
1910
Lot size
0.09 AC
Property size (Sq ft)
11,240 SF
Zone code
C6-1
Property type
Residential income properties
Property subtype
Residential income homes
APN
00571-0013
APU
5710013

Description

This exceptional retail opportunity is located at 20 West 14th Street in the vibrant West Village neighborhood of New York City, New York County. The property offers a total of 6,400 square feet of commercial space, currently entirely vacant and available for lease. The space is ideal for a variety of retail uses, with a minimum divisible unit of 3,000 square feet and a maximum contiguous space of 3,400 square feet. This allows for flexibility in tenant requirements, accommodating both smaller and larger businesses. The building's location in the bustling West Village provides excellent visibility and foot traffic, making it an attractive location for businesses seeking high consumer interaction. The property is situated in a prime location within New York County, offering easy access to public transportation and a dense population of potential customers. With its ample square footage and strategic location, this property presents a unique opportunity for a business seeking to establish or expand its presence in one of Manhattan's most desirable neighborhoods. The property's zip code is 10011. The entire 6,400 square feet is available for lease.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,304,302
    6.5%
    $2,127,048
    7%
    $1,975,116
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,276,358
    Geo Method
    $2,276,358
  • Alternative Use

    Use
    Valuation
    Residential
    $2,127,048
    Hospitality
    $1,948,364
    Educational
    $1,621,016
    Medical
    $1,676,765
    Retail
    $2,521,581
20 14Th St, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7353
Longitude
-73.9928
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$273,824
$680,289
$1,509,951
$2,190,240
-
$2,820,000
$6,259,200
$9,079,200

FAQs

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