Showing posts with label 92-94 Second Avenue. Show all posts
Showing posts with label 92-94 Second Avenue. Show all posts

Thursday, June 22, 2017

Former Kabin space on the market (again)



Kabin Bar & Lounge closed in March 2015 here at 92 Second Ave. between Fifth Street and Sixth Street after 10 years in business.

We recall a few people looking to open a new venture (bar) in the space. However, nothing ever materialized.

Last summer, the Sabet Group bought 92-94 Second Ave. from EMMES Property Group for $19 million. (The Sabet Group has made headlines for alleged tenant harassment in the past.)

A for rent sign recently appeared on the former Kabin. (A different broker this time.)

Some details via Winick:

SIZE:

Ground Floor: 2,200 SF
Basement: 1,150 SF

FRONTAGE: 18′ on 2nd Avenue

COMMENTS:

-Prime East Village Restaurant/Retail Opportunity
-Landlord to deliver premises with new glass storefront and vented for cooking use
-New direct long term lease, no key money
-Outdoor seating cafe possible
-All uses considered

Here's a rendering of what that new storefront might look like ...



Keeping that Kabin signage then?

Thursday, July 7, 2016

Report: New owner for 92-94 2nd Ave.

The 6-story building at 92-94 Second Ave. between Fifth Street and Sixth Street has been sold

The Real Deal reported that the Sabet Group bought the 22-unit rental building from investment firm Emmes Group of Companies for $19 million.

In total, there are 20 apartments, including five rent-stabilized units, and two retail spaces — the restaurant Local 92 and the empty space that housed the bar Kabin until March 2015.

The Sabet Group has made headlines for alleged tenant harassment in the past.