Wednesday, August 5, 2009

151 Avenue C: "This prime East Village location stands out as a rare opportunity for users, investors and developers"

Back in May, I reported that this two-story building at 151 Ave. C -- between Ninth Street and 10th Street -- is on the market. There wasn't any information about this property listed, though.



However! The property is now on the Massey Knakal site for $2,350,000. According to the description:

A 23' wide, 3,450 square foot, 2 story building located on Avenue C ... R7A zoning provides for approximately 4,186 buildable square feet of additional air rights. The ground floor features extremely high ceilings, exposed brick and will be delivered vacant. The second floor is occupied by a bar paying an under market rent of $500/month that expires in 2015. This prime East Village location stands out as a rare opportunity for users, investors and developers.

5 comments:

Jill said...

What bar is on the 2nd floor? I think this can only be answered by your keen investigative skills.

EV Grieve said...

Ah, yes! Speakeasy!

http://www.yelp.com/biz/speakeasy-new-york

That will be $5,000 please. Plus expenses.

Jill said...

Your googling prowess is unmatched.

Jason said...

How the hell is Speakeasy getting away with only paying $500 rent???

Anonymous said...

does anyone know if speakeasy is still around?