Showing posts with label 128-130 First Avenue. Show all posts
Showing posts with label 128-130 First Avenue. Show all posts

Tuesday, October 4, 2016

Noted



Blue picket fence alert this evening on Second Avenue at St. Mark's Place... outside the former Chase ... soon to be the Swiss Institute.

Photo by Lola Sáenz

Friday, March 4, 2016

No deposits: Baiting the former Chase branch on 2nd Avenue for rats ahead of demolition



The orders are in to demolish the former Chase branch on Second Avenue and St. Mark's Place.

Ahead of that, workers are baiting the building for rats, as you can see from the subtle placements of the baiting stations that arrived on the sidewalk on Wednesday ...



The Commercial Observer reported in August that J.P. Morgan Chase sold the 2-level space to Stellar Management for $12 million. (Stellar and Icon teamed up to buy No. 128 next door.) The former Chase site allows for redevelopment of the 2,380-square-foot site into a mixed-use retail and residential project of 9,520 square feet, according to the Observer.

Icon Realty had been trying to lease the space with an asking monthly rent of $72,000.

The branch consolidated with the Chase two blocks up Second Avenue back in November.

Previously on EV Grieve:
Chase space on 2nd Avenue and St. Mark's Place is for rent

2 East Village Chase Bank branches are closing for good on Nov. 12

Chase branch on 2nd Avenue at St. Mark's Place has the potential to get 4x larger with new owner

The East Village is down 2 Chase branches

Icon wraps former Chase branch at St. Mark's Place with retail ribbon

'Good riddance' Chase, and — a development to watch in 2016

Monday, January 26, 2015

The buildings at 128-130 1st Avenue are for sale



There's a new listing for these two buildings just south of St. Mark's Place.

Here's how Halstead is listing 128-130 1st Avenue:

Two contiguous mixed-use buildings near St. Marks Place, featuring 52-feet of frontage on First Avenue. Approximately 12,000SF interior plus full-basement, with 5-Stories & 19 units, including 16 one-bedroom apartments (most have been renovated), & 3 commercial spaces: (1) a 42-seat Hawaiian Restaurant (soon to open), (2) a newly-opened Bakery, (3) a store that is delivered vacant.

Excellent investment opportunity, ideally located in the heart of Manhattan's hottest emerging neighborhood, with an impressive rent-roll that will increase substantially over the near future.

The price is $14.9 million.

As for those retail spaces.

So the former Mediterranean Grill will be a Hawaiian restaurant. Sweet Generation opened on Jan. 11 in the former First Avenue Pierogi and Deli space. And the wonderfully cluttered Rainbow Music is the third storefront. Based on the listing, the Birdman's shop won't be here much longer. (Last March we heard that the shop was going to be closing in the months ahead.)

The Kurowycky family owns the buildings here. Last July, the family decided to retire after running First Avenue Pierogi and Deli for the past 30 years.

Previously on EV Grieve:
Reader report: The fabulous Rainbow Music is closing this year in the East Village

Last day for First Avenue Pierogi and Deli