Showing posts with label 64 Second Ave.. Show all posts
Showing posts with label 64 Second Ave.. Show all posts

Thursday, January 27, 2022

The Bronx Brewery announces itself on 2nd Avenue

Exterior signage arrived yesterday for the Bronx Brewery at 64 Second Ave. between Third Street and Fourth Street. (Thanks to Steven for the photo!)

We're told that this outpost is an approval away from being all systems go in the weeks ahead. 

Once open, the multi-level space will "combine limited-release brewing, the brewery’s signature events, art & music," per a release about the Bronx Brewery East Village. The space will also feature the first U.S. location for Swedish brand Bastard Burgers.

This outpost of the Taproom, Brewery and Backyard in the South Bronx has been in the work for several years — the initial coming-soon announcement came on March 12, 2020, 10 days before NY State went on PAUSE.

No. 64's retail space has been vacant since NYC Velo moved next door to No. 66 in the spring of 2016.

Monday, March 20, 2017

Make a bid on 64 2nd Ave.

The 5-story building at 64 Second Ave. between Third Street and Fourth Street recently arrived on the market.

Cushman & Wakefield has the listing:

The building has been owned and operated by current ownership for over 20 years. It consists of a retail space on the ground floor and lower level and three large residential units above. The 1,533 SF retail unit is vacant and features 11' ceilings and a 970 SF lower level with 9' ceilings and windows providing excellent light and air. If desired, the second floor can be used as commercial space as it is already connected to the ground floor through an existing marble staircase (now enclosed) creating a three-level retail space.

All three residential units are FM and currently leased at below market rents with summer expirations. Two units are expansive five-bedrooms, one of which is a triplex with exclusive interior access to a 700 SF rooftop entertainment area with World Trade Center and Empire State Building views.

The 3rd floor unit is a 900 SF floor-through space with a rear patio. The building hasn't been renovated in over 10-years and there is generous upside in the in-place residential rents (average in-place rents are $64/SF in a market commanding $85/SF).

Interested buyers may submit offers for the property. No. 64's retail tenant was Velo NY. The bike shop moved next door last year. (There was also the mysterious #notourpresident storefront signage for a brief time here after the election.)

In 2012, the building arrived on the market with a $7.3 million ask.

Here are the photos of the rooftop garden from the 2012 listing...

Wednesday, August 29, 2012

64 Second Ave. on the block for $7.3 million

The building between East Third Street and East Fourth Street arrived on the market yesterday. Nothing immediately alarming in the Streeteasy listing, such as air rights or single-family mansion:

64 Second Avenue represents an excellent opportunity to purchase a unique mixed-use asset on the Avenue in an up and coming East Village neighborhood. This building has significant potential as a cash flow investment, Live plus income opportunity, or a retail user opportunity. The 5 story property contains one ground floor retail unit along with 3 apartments above, including an Owner’s Duplex with a rooftop garden.

... This must be the owner's duplex...Or at least the rooftop gadren portion.