Back in late May, we noted that part of the former Le Souk space on Avenue B was on the market. Or maybe it was the whole space. We couldn't tell!
In any event, there is a listing for the the space.
Here's the description:
Rent: $25,000 Per Month Size: 6,480 Sf On Two Levels / 3,240 Sf On Each Former Restaurant / Nightclub Space. 32 Feet Of Frontage. Prime East Village Happening Location. Loaded With Egresses And Bathrooms. One-Of-Kind Interior Designs And Layout. Tons Of Day & Night Foot Traffic. Huge Skylight Exposed Wood Ceilings And Large Wide Open Areas. Prime Residential Neighborhood. *Perfect For Restaurant, Spa, Warehouse, Liquor Store, Hardware Store, Any Use Considered
Warehouse? Hardware store? Excuse us for a moment. (Haha!)
However holds the lease must promise to continue holding mysterious late-night parties and after-prom bashes...
Whats happening one storefront south of there? Its been vacant forever, but recently there has been work started in it.
ReplyDelete$25,000 a month, WOOOOOOOO-WEEEEE that's wild.
ReplyDeleteHow much would you need to take in to keep a restaurant going with a $25,000/month rent bill? $3m/year?
ReplyDelete@Ken
ReplyDelete$18 bottles of Amstel Light and Corona?
maybe some of the crusty's will ask daddy and turn this into a vagan juice bar with scented bubbles
ReplyDeletedoesn't every warehouse or hardware store need a space that's "Loaded With Egresses And Bathrooms."?
ReplyDeleteand I assume a "One-Of-Kind Interior Designs And Layout. Tons Of Day & Night Foot Traffic. Huge Skylight Exposed Wood Ceilings And Large Wide Open Areas."
I always look for these amenities when I'm shopping for a hardware store or warehouse. don't you?
yes:
ReplyDelete--a spa that will serve vodkatinis and pimm's cup for every $50 worth of facial and $75 worth of massage
--a hardware that is also a lounge mash-up -- complimentary screwdriver for a purchase of $60 screwdriver; rusty nail for purchase of $45 worth of nails...
an average bar breaks-even in about 18 months, with an average of 160 customers/night, assuming $8,300 a month rent and $5 per average drink and 1.5 drinks per person). so, you're right grieve, the bar will have to charge about $18 coronas and amstels, to keep afloat, for the $25,000/month rent
How... Who... Ohw...
ReplyDeleteAHAHAHAHA hardware store. good one. at least some greedy landlords have a sense of humor.
ReplyDelete