55 Gansevoort Street, New York, NY 10014
55 Gansevoort Street, New York, NY 10014
Meatpacking District
Occupied by a world-renowned tenant located is one of the most coveted hospitality, residential, retail, and office enclaves.
| Type | Mixed-Use |
|---|---|
| Neighborhood | Meatpacking District |
| Properties | One Property |
| Lot Size | 3,740 Square Feet |
| Zoning Code | Industrial, Office, Retail, and Hotel Uses Permitted (M1-5) |
| Size | 28,434 Rentable Square Feet |
| Stories | 5 Stories |
| Air Rights | N/A |
Investment Highlights:
Meridian Investment Sales is pleased to exclusively present the offering for 55 Gansevoort Street, one of Manhattan’s top ultra luxury hospitality destinations located in the heart of the iconic Meatpacking District. Situated between Ninth Avenue and Washington Street and featuring 115’ of valuable frontage along Gansevoort Street, this five-story triangular warehouse loft conversion totals 28,434 rentable square feet and is NNN leased to RH (NYSE: RH). RH is an upscale American curator of design, taste and style in the luxury lifestyle market that operates 81 retail locations throughout the United States, Canada, and the United Kingdom. The company also has an integrated RH Hospitality experience, including restaurants and wine bars across 14 of its retail locations. With a market capitalization of $7.5 billion, RH has leveraged its world class brand to enter new market segments, establishing the brand as one of the most reputable and well regarded luxury life-style brands in the world. 55 Gansevoort Street presents a generational opportunity for an investor to acquire a turnkey trophy, high-street retail commercial property occupied by RH in one of New York City’s most affluent and chic neighborhoods.
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