A listing arrived earlier this month for 210 First Ave., a 6-story residential building between 12th Street and 13th Street.
There's not much posted with the listing at Douglas Elliman: "Great Building With 20 Rental Units, Two Stores ... 7 Free Market Apts And 13 Rent Stabilized."
The asking price: $17 million.
Coincidentally (or not), on Oct. 3, the Marshal seized one of the two retail businesses here — Papa John's.
And it doesn't appear that this outpost of the pizza chain will reopen... the space has been gutted...
[Photo by Steven]
Old-timer Gena's Grill is the other business at the address.
Hopefully a sale here won't impact Gena's.
Last week, Robert Sietsema highlighted Gena's in his "Cheap Eats" feature at Eater. Here's part of his lunchtime post:
Behind the counter are steam-table tubs containing the café’s daily dishes. There’s no printed menu, so check the chalkboard outside before you walk in. The other day the offerings included stewed pig’s feet, paprika roast chickens, and a codfish casserole. Available every day, though, is the roast pork leg or shoulder called pernil.
I chowed down on the braised pork ribs, the meaty bones cooked with onion, green pepper, and garlic. It came with a mountain of yellow rice and black beans, but I could have picked white rice and red beans. The full plate set me back $8.70 — indeed, all the luncheon size plates cost less than $10 ...
Gena's is open daily from 7 a.m. to 11 p.m. daily. Check out their menu at this link.
Previously on EV Grieve:
Gena's Grill is back open, and that is a good thing
The Marshal seizes Papa John's on 1st Avenue
3 comments:
$17 million for a building with 13 rent-controlled tenants (2/3rds of the building)? Right.
speculating that the stabilized units can be turned over and, most likely, illegally taken out of the system to be market rate.
Gena's is so good, I also hope that they don't get Cromanized, Krushnered out of existence.
Whole snapper with garlic sauce. Large order of oxtail. Mmm.
Post a Comment