Photos by Stacie Joy
Oh! — 6 Avenue B no longer looks as if it has been abandoned for 20 years.
Workers have removed the scaffolding and construction netting from the under-renovation building on the NW corner of Avenue B.
An LLC linked to Penn Capital South, whose portfolio includes multiple EV properties, bought the building in February... but they didn't decide to keep it long — it's back on the market.
The retail space is for lease, too... here's the listing.
The liquor store in the retail space closed when the owner passed away in the fall of 2009 at age 89. (Chico created the tribute to her on the gate in February 2010. Will it stay?)
As we've pointed out (here and here), the building was in dismal shape and needed significant work to bring it up to code. Before the renovations, the DOB had cited No. 6 for emergency repairs several times in recent years.
3 comments:
So curious to see what the inside looks like and what happens next here. It's so odd how quickly they put this back on the market. Guessing the renos weren't done all that well... I also wouldn't be surprised if this turns into a new development...
I am still missing Mom's liquor store. Her prices could not be beat, ever. She always had great and humorous neighborly banter, and the experience of being 48 but getting carded never lost its charm. I say this not to be nostalgic but to point out how the qualities of a real neighborhood business are priceless. Mom's radiated native LES authenticity that is hard to encounter now.
It's called flipping the property. Buy it dirt cheap, do some cosmetic work to make it look lovely, and then put it on the market.
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