This nearly block-long parcel on 2nd Avenue is now for sale

The empty lot along the east side of Second Avenue between Second Street and Third Street, the site of an abandoned development project, is now on the market.

Avison Young has the listing for the lot — billed as a "redevelopment property" for "multifamily development." 

Per Avison Young: 

The Property currently exists as a vacant lot and owners have purchased offsite inclusionary air rights for the proposed construction of 136,199 gross square feet, including 13,750 square feet below grade. The Property features a curb cut on East 2nd Avenue for on-site parking. 

The resulting above-grade gross square footage reconciles to 122,449 square feet. The Property is planned to feature a rooftop deck and units with sweeping views of Manhattan and the Hudson River, ~10-foot ceilings throughout and abundant light and air on all four sides due to its corner location joined at the junction of East Second Street and Second Avenue. 

42 Second Avenue presents a true, expansive development opportunity with a prime NoHo / East Village address. The scale and location of the Property offer the blank canvas for a premier mixed-use, commercial or residential condo project.

The listing, which does not mention the asking price, includes this rendering showing the potential ...

As previously reported (first here), there were approved work permits for an 11-floor mixed-use building on the site of a former three-building parcel.

Gemini Rosemont Development was behind this 100,568-square-foot new building ... the development, using 42 E. Second St. for its address, included 88 residential units and 9,600 square feet for retail.

However, those plans are obviously officially dead as the city moved to revoke the permits. In August, The Real Deal took a deep dive into what happened:

All that stood in Gemini's way was a small-time landlord next door. Robert Proto, however, proved to be a big-time problem.

Proto made unceasing calls to officials for weeks, triggering an audit by the Department of Buildings that found code and zoning issues that had initially slipped past the agency.

In 2020, Gemini Rosemont spent more than $50 million to assemble the development ... buying the former La Salle annex at 38 Second Ave. and Second Street. The $14.5 million purchase of the four-story building was the third of three contiguous plots they acquired. The Los Angeles-based commercial real estate investment company closed on 42-44 Second Ave. and 46-48 Second Ave. (the former Church of the Nativity) in March 2020 for $40 million. 

The new owners may want to consult with Robert Proto on the project.

Sale of 109 E. 9th St. made official

The five-story building at 109 E. Ninth St. that housed the now-closed Central Bar recently changed hands — as of June 28 — for $3.35 million, according to the @TradedNY account.

No. 109 between Third Avenue and Fourth Avenue features 13 residential units and a retail space. 

The longtime owner was listed as a trust with a Los Angeles address. The name of the new owner has not hit public records just yet.

According to the New York Business Journal: "The property's current zoning allows for up to 15,000 buildable square feet and the possibility for future development or air rights sales."

The Central Bar, the bi-level sports bar-lounge, closed this past March. In a letter to patrons, the bar owners noted: "Our landlord has sold the building and the new owners will not be keeping us as tenants."

Some years back, the address was home to Pageant Book & Print Shop, and its storefront served as a location for Neil Simon's "Chapter Two" and Woody Allen's "Hannah and Her Sisters." 

You can now find Pageant Print Shop at 69 E. Fourth St. between Second Avenue and the Bowery.

Sales: 'Unique and endless' possibilities for this unique church on 4th Street

Through the years we've written about one of the most unique properties around — the San Isidoro y San Leandro Western Orthodox Church of Hispanic Mozarabic Rite at 345 E. Fourth St. between Avenue C and Avenue D.

Well, it's for sale ... again. Curbed first took notice of the new listing (and photos!). 

Per the listing at Leslie J. Garfield:

The possibilities are unique and endless at 345 East 4th Street. The property is currently configured as a former religious assembly space with 30' ceilings on the main floor, a mezzanine space, and an owner's apartment above. Delivered vacant and outside a historic district, with a total of 9,232 buildable SF, this property offers the opportunity to create a large community facility or a residential single-family home. The property presents a unique opportunity for a developer or an end user.

If you don't have the $5 million asking price, then it's also for lease. 

The property was originally listed in the fall of 2017 with a $6 million price tag. Per the listing at the time: "A new development (of 9,232 SF) could be residential single family/multi-family or Community Facility." There were air rights too.

According to public records, Patricio Cubillos Murillo (there are several variations of this name) is the building's owner, with a deed dating to September 1975. The document on file with the city shows that this building changed hands for $6,000 that year. His nephew is now said to be in charge of the property.

Here are two pics via the new listing...

And some history via Curbed:

It was built in 1892 for the Church of St. Elizabeth of Hungary, which served the Slovak and Hungarian immigrant communities. In 1918, the building became a Russian Orthodox Church (the white-painted wrought iron entrance gate still has a crest with a double-headed eagle), and finally in 1975, a Western Orthodox Catholic Church that sought to practice Mozarabic liturgy, which was used by Christian communities living under Arab rule in early-Medieval Iberia (now Spain and Portugal). The Mozarabic Rite, also called the Hispanic Rite, is extremely uncommon outside of Spain.

The city declined to landmark the building a few years back.

There's hope that an arts organization might take it over... or the new owner could knock it down and build up using the 4,700 square feet in unused air rights.

The building to the east of the church recently sold. The former community center will be converted into residential use.

Previously on EV Grieve:
• Unique 4th Street church on the market for development

169 and 171 1st Ave. (home to Momofuku) are for sale

Several EVG tipsters have shared the brief details that 169 and 171 First Ave., located between 10th Street and 11th Street, are now on the sales market.

Here's part of the email that was in circulation late last week:

Two Contiguous Mixed-Use Walk-up Buildings
Home to Momofuku Noodle Bar!

Compass is pleased to offer for sale two contiguous mixed-use walkup buildings located at 169 First Ave. and 171 First Ave. The buildings contain a total of 2 retail stores and 5 free market residential units. The Property can be sold separately or as a package.

The listing doesn't appear to be online just yet. Streeteasy has one listing for a rental at No. 171, a floor-through loft-like space now asking $9,300 (and a recent $2k price chop).

48 Clinton St. for sale as development site

[48 Clinton St.]

Yesterday I noted that 238-240 E. Third St. between Avenue B and Avenue C is available as either a development site or as its most recent use — a theater space.

This is one of two properties that founders of the Blue Man Group sold this past summer for $18.5 million.

The other site is 48 Clinton St. between Stanton and Rivington on the Lower East Side. That rather mysterious building (pictured top) is also for sale.

According to the listing at RKF:

The property can be redeveloped up to 10,000 SF for a mixed-use development as per R7A zoning.

New residential projects include the adjacent 50 Clinton and The Ludlow, which have introduced 280 high-end residential apartments, bringing many young, affluent New Yorkers to the neighborhood.

A PDF of the property — billed as a "redevelopment opportunity" — notes that the four-level space has served as a recording studio.



No. 48 was once home to LoHo Studios, which an array of artists such Joey Ramone, Willie Nelson, Phish, Patti Smith and Joan Jett have used.

There isn't a price listed for No. 48.

Public records show that an LLC affiliated with Blue Man Productions bought the building in 2008 for $5 million.

About this sponsor unit for sale on 1st Avenue

There's a sponsor unit for sale at 347 E. Fifth St., the walk-up building at First Avenue that also houses Three of Cups on the ground floor.

I don't recall coming across too many listings such as this one on Streeteasy:

Investors only: rent-controlled tenant in place.

This sponsor unit is being sold at a tremendous discount to its market value.

Currently configured as a railroad two bedroom, it can easily be re-configured into a split two bedroom.

This unit features a separate eat-in kitchen area, 9 windows throughout including in the bathroom, and great natural light. Subletting and pets are allowed.

Current tenant paying $90 per month

Not a typo: $90.

As for the address, the 25-year-old Three of Cups recently signed a new lease through 2027.

Commercial co-op on 10th Street, guarded by Rex, is for sale

An EVG reader shares this info about 432 E. 10th St. between Avenue C and Avenue D, where Chico's mural of Rex, the German Shepherd mix, guards the entry. The current tenant, Expert Finest Company, a carpentry shop, will be closing its doors.

Said the reader: "This ground-floor unit (which includes a basement and a spacious backyard) is uniquely suited for light manufacturing and it is now available. With small buildings constantly being demolished, it's a chance to anchor your business and to build equity instead of paying rent — doggone it."

Here's the listing at Rutenberg Realty NY:

This bi-level commercial co-op is approximately 3,000 square feet and has sprinklers throughout. The ground floor is steel reinforced and column-free. Also, includes private backyard of 500 SF. Currently home to a workshop, the space is ideal for office and all creative uses. No food or bar! Commercial parking is permitted in front of the building.

Price: $1.8 million. (And Rex was adopted by the owners of the space when they moved in during the 1970s.)

New plans for a 6-story building at 253 E. 7th St.

[Photo from November by Daniel Root]

A demolition crew reduced the former four-story residence at 253 E. Seventh St. between Avenue C and Avenue D into a lot of rubble late last year.

Meanwhile, plans for a 6-story building with six residences never met with city approval.

Now the developer, BSD Realty, has filed new plans for the property. As New York Yimby first reported yesterday, the developers filed new plans this week with Issac & Stern Architects designing the project — another 6-story, 6-residential building with a penthouse... "its units should average a spacious 1,498 square feet apiece, indicative of condominiums." (Ramy Issac of Issac and Stern is well-known for many East Village projects, including 100 Avenue A and 154 Second Ave... and various penthouses.)

As we noted in February, the address is for sale. The listing is still active at the E Property Group website. Among the options here, per the listing: "Your dream custom mansion townhouse." But it looks as if a residential building is the plan.

Previously on EV Grieve:
Options for this lovely East 7th Street townhouse include demolition

New building in the works for 253 E. 7th St.

The disappearing 253 E. 7th St.

253 E. 7th St. is now a pile of bricks

Property at 253 E. 7th St. now for sale; perfect for a 'dream custom mansion townhouse'


[Image from 2014 via Massey Knakal]

Condos hit the market at former East 13th Street dumping ground

The new residences at 536 E. 13th St. arrived on the market this week... the 6-floor building between Avenue A and Avenue B features 11 homes, which range in price from $1.3 to $1.6 million for around 830-860 feet and one bedroom, according to Streeteasy. (Three of the listed homes are already in contract.)

Here's more on the units via Town:

The condominium consists of 11 residences, with a full floor unit at the ground level and only two homes per floor on the upper five stories. The ground floor residence offers 2 bedrooms, 2 bathrooms, plus home office, and a generous fully landscaped rear yard designed by Terrain Landscape Architects. Floors two through five consist of eight one bedroom residences with windowed home offices, and the sixth floor residences include two full bedrooms.

Each of the rear homes include balconies, while the fifth floor front and sixth floor units include spacious private roof terraces; all with quintessential New York City skyline views. Additionally, each residence includes a dedicated storage room in the basement.

As for the individual units, back to Town:

From the interiors, the beautiful windows allow natural light to wash the entirety of the clean and elegant living spaces within. Each light filled home is enhanced by the feeling of openness and clarity provided by wide plank oak floors, custom doorways and high ceilings of more than nine feet.

The kitchens and bathrooms offer subtle details, rich materials, and high quality fixtures and equipment. Bianco Dolomite marble and mirrored glass meld seamlessly into the walls of each bathroom; while top of the line fixtures, including Toto and Zuma provide refined comfort. Each kitchen is punctuated by function.

You can see for yourself during an open house Sunday afternoon at 2.

The lot had been home to a stalled development for years... until this project kicked into gear during 2013.

[December 2009]

Previously on EV Grieve:
Your chance to own a stalled project lot on East 13th Street

A dormant construction site on East 13th Street

536 E. 13th Street is a real dump now

Property at 253 E. 7th St. now for sale; perfect for a 'dream custom mansion townhouse'

[Photo from November by Daniel Root]

At last look in November, the former four-story residence at 253 E. Seventh St. between Avenue C and Avenue D had been reduced to a pile of bricks.

An LLC with a Grand Street address bought the building in August 2014 for $4.3 million. The new owners had plans to put up a 6-story building with six residences on the property. However, the city has yet to approve those plans.

Now this empty property is for sale. It arrived on Streeteasy yesterday. Per the listing at the E Property Group:

Subject property is currently vacant land, & ready to go development site. Perfect for a:
• Boutique condo building
• Rental building,
• Your dream custom mansion townhouse

Prime Location:

Located on one of the east village’s most beautiful & serene tree-lined historic blocks. Preserved gardens to the west & north create a grand opportunity for lot-line & rear country like views. 1.5 blocks from Tomkins sq. park & just a few doors down from the magnificent flowerbox condos.

Pre-approved plans available for a high-end 6-unit condo building, EPA, & boring sample

The asking price is $6.25 million.

And here's a rendering of sorts that accompanies the listing...



Again, despite what the listing says, these plans haven't been approved by the city...



Previously on EV Grieve:
Options for this lovely East 7th Street townhouse include demolition

New building in the works for 253 E. 7th St.

The disappearing 253 E. 7th St.

253 E. 7th St. is now a pile of bricks


[Image from 2014 via Massey Knakal]

Noted

Spotted on East Houston near the Bowery… in case you are in the market for a bike tire…

Get good stuff today

Holiday fair season

Two wholly unique places to pick up some holiday-related items today... the annual holiday fair at d.b.a. on First Avenue...

... and the Christmas Bazaar at the Ukrainian Museum on East Sixth Street...

Second Avenue's Mission Cafe on the Block

On the Bond website:

Prime East Village/2nd Ave. TURNKEY OPPORTUNITY!

Well-established East Village Cafe with BEER/WINE LICENSE. 9 years left on lease. TURNKEY. 990 SQ FT + 300 SQ FT Basement. VENTED, COOKING OK. PRIME East Village Location on 2nd Ave & 5th St.

Price: $180,000. I thought the the Mission, which has been around a good 10 years, was already under new ownership? Not a place that I know much about....

We now know what building is for sale for $15 million on East Third Street (hint: buy an alleged illegal hotel and live next to the Hells Angels!)

Back in late October, we speculated about what home was for sale for nearly $16 million on East Third Street. (Read all about that right here.)

Now, thanks to a tip from a reader, we apparently have our answer: 73-75 E. Third St., directly to the west of the Hells Angels HQ. According to the listing, the 49 units in the buildings are going for $15.7 million...



75-75 E. Third St. is currently home to the Sanctuary Guest Streets, the vegan bed-and-breakfast with rooms going for $180 per night.



There are some Third Street residents who have alleged that this is an illegal hotel...(The DOB has received nearly a dozen complaints about the hotel in the last two years...)

And this was also the hotel with the guests who enjoyed relaxing on the bench in front of the Hells Angels HQ.



Perhaps, in the short term, the language should be changed to "not for hotel guests or potential new landlords..."

For further reading on EV Grieve:
The Hells Angels kindly request that hotel guests please refrain from sitting on their bench

Continuing to speculate about what 10-room, $15-million home is for sale on East Third Street

"Live the uber-bohemian lifestyle"

I've just become aware of a Web site called Cribs of the Crop. Per their bio: "We are a group of real estate investors with apartments for sale throughout NYC. Everything you see on this site is an apartment that we own and are selling directly — we are not brokers."

Here's a description for a studio for sale on East 14th Street:

Live the uber-bohemian lifestyle in this swanky lil' East Village pad. Unit features exposed brick, tasteful interior design (thanks, tenant!), and an ENORMOUS, beautiful, bucolic tree (outside the window, of course). There's also an entirely separate eat-in kitchen (how many studios have that?!), a walk-in closet (or that!?) and this really old, really cool looking woodsy-like floor material that was probably carried over from the old country on some poor shlub's back. Oh, and the apartment is on the third floor in a walk-up building, which is an ASSET: keep your body up to the standard of all the slinky lil' hipsters in the nabe by running up and down the stairs. Old-world wood flooring, new-world body-molding...an ideal combination of the contemporary and yesteryear.

Sort of makes UrbanDaddy sound like The Economist.

Own most of East 13th Street for about $48 million

You know those omnipresent "apartment for rent/open house/never a fee" signs on 13th Street between Avenue A and First Avenue?



Yeah, well, all those buildings are now for sale.



Here's part of the description for 416-418 E. 13th St.:

The roof has been updated and most of the free market apartments are newly renovated. With only 1 rent controlled tenant and 2 rent stabilized tenants in the building, the balance of the units are free market making this property an excellent investment opportunity with no vacancy and a tremendous income stream.

Another East Third Street building on the block

You know, we were recently speculating about what 10-room, $15-million home was for sale on East Third Street.

When we were over at the Massey Knakal site, we did spot this.



Not our building, but 179 E. Third St. -- between Avenue A and Avenue B -- is going for $13.6 million.

Previously.

Sure, it may just look like a hole in the ground now...

This abandoned hole-in-the-ground project at 427 E. 12th Street between Avenue A and First Avenue has been on the market...



At one point five residential floors were going to be added to the existing storefront. Dunno what happened to those plans. Here's the listing:

East Village residential rental development opportunity, with FOUNDATION already in place. The foundation was poured prior to the June 2008 421-a deadline, enabling the full property tax exemption benefits. This site has plans for a six story (plus cellar and roof), 12 unit, rental building, w/ a total of 12,952 gross SF (10,741 SF above grade, 2,211 SF below grade). A Condo plan is also available. Another option is to file an “alt plan”and develop the property to custom specifications while still maintaining the 421-a tax benefits. This is a unique project for a developer or user and is ready to go. Priced at $178 per gross buildable square foot, this is an opportunity not to be missed.

Here's what it could look like!

Your chance to live above Sunny and Annie's while making money and entertaining in the triplex

So while we've been speculating about what addresses on Third Street might be for sale... here's an interesting two-building combo that has been on the market...

According to the Halstead listing for 543 E. Sixth St. at Avenue B:

INCOME PRODUCER WITH OWNER'S TRIPLEX
Two buildings comprising 4 junior one bedroom apartments, two commercial spaces and a luxurious owner's triplex with oversized terrace and roof designed for entertaining. The 4 junior ones are all free market, three are leased and one is currently available for rent. The triplex is also leased free market

.

So...as the owner in the triplex, you'd get to live above Sunny and Annie's...? Sandwich run!




Priced at $4.8 million.