There's a new owner for 217 E. Third St. between Avenue B and Avenue C.
Here's part of a news release via Cushman & Wakefield:
An undisclosed buyer acquired the property from the estate of Michael Mendez for $5.1 million. The mixed-use property consists of a vacant turn-key restaurant space on the ground floor and three free-market, floor-through apartments. The property is approximately 4,160 square feet above grade, not including a one-story structure situated at the rear of the site and separated by a small courtyard area.
Additionally, the property includes 4,700 square feet of air rights and a useable basement that houses mechanicals and a storage area.
Public records show that an LLC with a Pleasantville, N.Y., address is the new owner. The address matches up to management company Ogrin Associates, a longtime NYC landlord.
And does anyone know what that "one-story structure situated at the rear of the site" is used for?
The last tenant in the retail space was Corlear's NYC, a "Pre-Prohibition style bar executing vintage cocktails." They closed some time in early 2017.
The building arrived on the market last July with a $6 million ask.
