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…
$15,000/mo

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!

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1 comment:

  1. RyanAvenueADecember 22, 2011 at 12:23 PM

    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.

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