Thursday, June 9, 2016

Restaurant-ready space at 58 St. Mark's Place asking $19k


[Image via LoopNet]

Hakata Hot Pot and Sushi Lounge, housed in the retail spaces at 58 St. Mark's Place between First Avenue and Second Avenue, closed at the end of February.

In a message on Facebook, the owners said that they had lost their lease. (Hakata Hot Pot combined with sister restaurant Zen 6 the next block to the west at 31 St. Mark's Place.)

The two spaces are now on the market. According to the listing at Sinvin, the 1,400-square-foot space can be leased separately or together. Each space is asking $9,500; $19,000 for the whole thing.

Some bullet sales points:

• Charming intimate spaces for restaurants or coffee shops
• Brick walls & wood floors
• As of right, space for two tables in front of each store
• Landlord presenting each as a vanilla box
• Restaurant ready with venting, grease trap, 200 am electric panel, HVAC, and stubbed for gas and plumbing
• Wine & beer only, next to a church

Raphael Toledano became the building's landlord last fall.

Natori, a longtime favorite, closed at this address in November 2012.
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6 comments:

  1. AnonymousJune 9, 2016 at 6:27 AM

    My god, a church?! Can somebody buy that thing and get us a full liquor for Christ's sake.

    ReplyDelete
  2. AnonymousJune 9, 2016 at 8:11 AM

    Landlords are clueless to what it takes for a small restaurant to pay that kind of rent. Some sucker will ultimately dump their life's savings into this spot and lose their shirt trying make it work.

    ReplyDelete
  3. AnonymousJune 9, 2016 at 10:51 AM

    a designer bagel store! on one side and a Michelin starred restaurant! on the other side.

    ReplyDelete
  4. AnonymousJune 9, 2016 at 6:25 PM

    I hope it stays empty forever, as part of "Rafi's" forever-portfolio.

    ReplyDelete
  5. AnonymousJune 9, 2016 at 11:34 PM

    ...and we laughed and we laughed.

    ReplyDelete
  6. AnonymousJune 12, 2016 at 12:28 AM

    Rents in NYC show exactly why capitalism needs a sober partner so it doesn't kill itself: with so many businesses going online, you'd think landlords would be doing everything they can to keep retail tenants. Granted a restaurant can't go online -- although there are a few restaurant apps coming out -- but driving tenants out when almost every other business can be done online seems so short-sighted. If a retailer can't net $1,000 or more a day to ensure the biz stays open, they'll go online and your space will be empty for a very long time.

    ReplyDelete

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