Monday, October 24, 2016

Another broker for former Chase branch on Avenue A; where the asking rent is nearly $50k a month

There are new for rent banners up at 20 Avenue A at Second Street... by our count, this marks the fourth broker to list the corner storefront since Chase closed here in November 2015.

According to the listing we spotted, the asking rent is $49,947 a month (or $139 a square foot).

Back in February, the listing via Town featured renderings showing two wine bars in this location.

The 62-unit apartment building was sold in the summer of 2014 for $26.2 million.

Previously on EV Grieve:
The retail-wine bar possibilities for the former Chase space on Avenue A and East 2nd Street


JQ LLC said...

50 large a month? Isn't that a walkup? This is fucking stupid

Anonymous said...

A gym (I mean health club), a gourmet market, or maybe stay empty for the next 5 years. That's my best guess.

Michael Ivan said...

If a waxy plastic banner can't move a $50k/month commercial space, I don't know what will.

Anonymous said...

Whoever thinks this will rent for that amount of money must be smokin' some good stuff! Ave. A & 2nd Street, $50,000/month? Dream on!