Wednesday, December 16, 2015

Icon wraps former Chase branch at St. Mark's Place with retail ribbon



It's now a little more obvious that the now-closed Chase branch on Second Avenue at St. Mark's Place is for rent.

The retail ribbon has arrived on the property via Icon Realty. The retail space has been on the market, with an asking price of $72,000 a month, per the listing, which notes the address is acceptable for "General Retail Use, Restaurants/Bar, Office Space, Gyms/Fitness Centers."

As the Commercial Observer first reported back in August, J.P. Morgan Chase sold the 2-level space to Stellar Management for $12 million. (Stellar and Icon teamed up to buy the gas-challenged No. 128 next door.)

The former Chase site allows for redevelopment of the 2,380-square-foot site into a mixed-use retail and residential project of 9,520 square feet, the Observer noted.

The branch here at 130 Second Ave. closed after Nov. 12 and consolidated with the location two blocks to the north at No. 156.



Photos by EVG correspondent Steven

Previously on EV Grieve:
Chase space on 2nd Avenue and St. Mark's Place is for rent

The retail space at 20 Avenue A is on the market

2 East Village Chase Bank branches are closing for good on Nov. 12

Chase branch on 2nd Avenue at St. Mark's Place has the potential to get 4x larger with new owner

The East Village is down 2 Chase branches

15 comments:

Anonymous said...

I have always loved this building and when Icon is finished screwing with it the city will lose yet another 1920's low building S.on there will be none left to indicated the kind of building done in this era.

Anonymous said...

How to ruin any neighborhood fast: Sell to Icon, the company lacking both taste and decency.

Anonymous said...

Beer. Store!

Goggla said...

Booo...they covered up the Invader spiderman mosaic on the 2nd Ave side.

Anonymous said...

Hopefully we get a cocktail lounge or something upscale there. Although on the flip side I wonder; is there a Five Guys in the EV? Maybe this is the perfect spot for one.

mike said...

80k in rent What can you sell to make that back?
Starbucks?

Anonymous said...

That's a lotta fucking rent!!! The next tenant is gonna have to either deal in very high volume sales or else in big-ticket items. Either way the neighborhood will probably lose!!!

Anonymous said...

An Automat. It would really work with the decor.

Makeout said...

@ mike- Duh! $26k Rolex emporium!

Anonymous said...

Some generous billionaire (who can afford the rent) needs to open a live music club here...

Anonymous said...

1:39 I second that emotion

Walter said...

That branch had the nicest staff. Wonder whatever happened to them. 10th Street is only a pale imitation, even though the people working there are very nice. I banked at 8th Street for 40 plus years. When I started, it was called the Federal Savings Bank...then The Dime Savings Bank, then Washington Mutual...then finally Chase. I was always treated well and respectfully. Hope the people I knew there didn't lose their jobs.

Anonymous said...

"Hopefully we get a cocktail lounge or something upscale there. Although on the flip side I wonder; is there a Five Guys in the EV? Maybe this is the perfect spot for one."

Did you just move here and haven't yet realized that just about every newly available storefront has a liquor license and the unchecked spread of "nightlife" has destroyed and hope of a good night's sleep for the residents?

Icon is aiming for some big retailer and my prediction is yet another Duane Reade or CVS.

Anonymous said...

only 80k? I'll pay 120k, it's worth it!

Anonymous said...

This location has been a bank since I can remember back to the early 90s

TD bank

Just watch