[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.