A West Village commercial space billed as the nation’s “smallest” is on sale for a sky-high price.
The 27-square-foot triangular store at 169 West 10th Street is asking for $5,000 a month in rent.
For comparison, this is about half the size of a smart car.
Brokerage Invictus Property Advisors claims the space is “the nation’s smallest retail store.”
Corner properties have electrical outlets and meters, but utilities such as water and gas are supposed to be drawn from the street.
Rents are a staggering 426% increase from the previous tenant’s rates in 2014, equating to just over $185 per square foot. Approximately 3 times That’s the price he would pay for a 350-square-foot building on Christopher Street that was once a cigar store.
“Although it’s small, it’s a small corner store…” Invictus managing partner Andrew Levine added that the property has caught the eye of high-end milliners and artists.
On a recent Thursday, a 6-foot-tall Post reporter stretched out across the narrow space to lie on the sidewalk, his feet far over the wall.
For 30 years, the Lilliputian property has been occupied by a Senegalese merchant named Bara, who sold African clothing and sunglasses until 2014, when he sold the property to then-owner Dr. Abdul Awan, a Brooklyn family physician. He was paying $950 a month in rent.
The longtime tenants moved out last year after Awan sold his corner to World’s Smallest LLC for $190,000, according to city records.
“There are people who can do business.” [there] It’s a one-man show,” said Minnie Dee, 38, a property manager and singer-songwriter. “This is the location, location, location. They’re betting on it.”
Despite the high foot traffic on 7th Avenue South, many neighbors were still shocked that a business had a broom closet lease.
Juicers eyeing this spot “will have to sell a lot of juice to pay the rent,” joked Juan Vinas, 59, a parking lot manager at GMC. .
Neighbor James Wilson, who lives two doors down from the space, wondered what kind of business could even be profitable in a shoebox storefront.
“If we had a lottery machine, we could make rent,” he said. “I don’t know of anything else that can be sold there to solve that problem.”
Levine said the new owners are considering turning the space into “the world’s smallest pop-up store” on a rotating three- to six-month agreement.
The notoriously liberal neighborhood is home to a slew of illegal marijuana stores and hopes no new ones will take root.
“Indeed, there are no weeds,” Vinas said.
