The for rent sign arrived last week at 50 Avenue A between Third Street and Fourth Street.
I was curious what this former Citibank branch would be going for... Unfortunately, the listing at the Heller Organization doesn't provide many details ... other than:
-Prime East Village Retail availability
-Retail and/or F&B uses welcome
-Very high street Retail & Restaurant traffic
-Top location for proximity to nightlife
It's deceptively large too at 4,400 square feet.
The former Chase branch on Avenue A at Second Street is looking for $49,947 a month (or $139 a square foot). That's one good reason why the space has sat empty since November 2015.
Back in July 2013, Citibank's former building neighbor, Native Bean, moved down the block to 36 Avenue A. At that time, the asking rent for the space was $9,500. Villacemita eventually took the storefront, opening in March 2015.
Citibank closed on Jan. 13.
[Photo from 2012]