Thursday, December 22, 2011

New listing for 34 Avenue A

Back in August, 34 Avenue A hit the market as a rental via Coldwell Banker Commercial ...

Of course, there's a long recent history here, from Mo Pitkin's to Ace & Eights to a CB3 smackdown.

Anyway, there's now a new listing at Living New York ...

Here are the details:

Full Built out Turnkey Restaurant for Lease/Sale - Prime East Village Avenue A Location!
34 Avenue A between 2nd and 3rd Street

Originally the Famous Mo Pitkins Performance Space Venue!

Fully Built out Turnkey opportunity for a unique, cool space.

Fully built 1 or 2- story restaurant space available leased together or separately.
3000 Sqft + 1500 basement. Loaded with charm and character this space features high original tin ceilings, exposed brick, floor to ceiling windows and plenty of natural light..

Ground Floor - 1,500 Sqft + full 1500 sqft Basement built out as a bar/ restaurant with banquet seating and full kitchen including commercial appliances, beer taps, walk ins, security system, Ice maker, etc…

2nd floor 1,500 Sqft Large open space with platform for performance use, Large Bar and glassed in front Lounge area.
$7,500 /mo

Total Rent $22,500/mo
Key money $250,000

Or you can just buy the whole fucking building. That possibility is mentioned at the bottom of the listing. No details on the price. Living had it at $4.65 million back in May.

Regardless, securing a liquor license will be a challenge.

As Patrick Hedlund at DNAinfo reported back in August about the rental:

We don’t think you can get a liquor license at this point because of so much negative history,” said Debra Stelnik, a broker for Coldwell Banker, noting her client is growing desperate to bring in a new tenant.

In any event, it has been awhile since we've been inside the place... and Living New York has some photos...

Looks like someone from Aces & Eights left behind the Jäger machine!

1 comment:

RyanAvenueA said...

So is the karate dojo currently on the second floor just subletting? There had been some kind of internet startup there for a while. a 10% rent reduction isn't going to get a restaurant without a liquor license in there. You'd probably have to spend twice the key money to revamp it and still be BYOB. Maybe a gym or something? It's big enough.