Two weeks ago we mentioned that the former St. Mark's Bookshop was for rent at 136 E. Third St.
At the time, there was only a mention on LoopNet. As a follow-up, the for rent sign arrived late last week at the storefront in the NYCHA-controlled First Houses between Avenue A and First Avenue.
The listing is now also live at the NYCHA website. The asking rent is $60 per square foot ... the entire 1,328-square-foot space (no basement access) is available for $6,640 per month.
After 38 years at four locations, St. Mark's Bookshop closed for good last Feb. 28.
4 comments:
That actually seems like a good price for the space. Hope someone can make a go of it.
It's a damn good rent; I hope we get a community-minded store—not a dry-cleaners or a bar!
The commercial spaces controlled by the city in this, the first city housing project, along Avenue A, between 3rd and 4th Streets, should be well below the hyper-inflated "market" rate for commercial tenants, with preference given to long-term locally-owned businesses that serve the community. $6,600 for a space on that DEAD block is not exactly a bargain rent.
The city has no right going for an untenable rent, based on what other landlords are charging -- in fact, the city has no business being in the real estate business!!
6.6K by 30 days a month = average 220 a day to make rent
1.1K stuff you sell in the store (by 30 days a month = 36.67 a day)
1.1K on-site rent party every second Friday night
1.1K off-site rent party every fourth
1.1K space rental for one event
1.1K live music show @ Pyramid one Saturday a month
1.1K 100 memberships @ 11 a membership per month (121 a year) - each member may sell one small item on consignment in the space as well as get 10% off any purchase (people apply for membership as there are only 100 memberships available)
Knock $100 off each if you can get the city to take an even 6K a month.
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