Monday, October 31, 2016
402 E. 12th St. is for sale
The 6-story walkup between First Avenue and Avenue A is now on the market.
Here's the description via Cushman & Wakefield:
The 7,740 square foot building benefits from 30’ of frontage and recently received a full gut renovation of all but one apartment. Of the 16 residential units, there is a mix of one-bedroom and two-bedroom units which consist of 15 Free Market and 1 is Rent Stabilized unit. In addition to the common areas being fully gut renovated, the Free Market apartments have experienced substantial renovations which include Carrara marble countertops, brand new stainless steel appliances including a dishwasher and microwave, luxury bathrooms with carefully curated mosaic tile work, Bosch washer & dryer units, recessed lighting, exposed brick, espresso cabinets, ebony hardwood floors, and crown/baseboard moldings. The building is currently generating an annual gross income of $690,000 with a net operating income of $477,000.
And the neighborhood?
Located in the heart of the East Village, 402 East 12th Street benefits from a wide array of the city’s best shopping, dining and nightlife options. The area continues to attract local and global visitors on a daily basis due to its dynamic culture and convenient access throughout Manhattan and Brooklyn via countless subway lines and buses.
Public records show that Icon Realty bought the building in 2013 for $4.65 million. The current asking price is $11.3 million. (Perhaps that Jerkface mural on the east-facing wall helped up the property value.)
The former spaces for Nino's and Hop Devil Grill have been combined
In recent weeks the former Nino's Pizza storefront on Avenue A and St. Mark's Place has been blanketed in graffiti... making it difficult to see what might be going on inside the vacant space. (Not to mention the brown paper.)
The other day a worker wiped away part of the tags, offering a view of the interior...
[From St. Mark's looking north]
[From A looking to the west]
The wall separating the former Hop Devil Grill at 129 St. Mark's Place has been removed, creating one big(ger) space...
There are work permits, dated Oct. 14, on file with the DOB for "interior demo."
No word if there's a tenant for the space or if the landlord is just giving it the vanilla box treatment to show potential tenants.
James Morrissey, who owns The Late Late on East Houston and now VNYL on Third Avenue, had been after the spaces to create The Honey Fitz. Those plans were put on hold, though Morrissey told DNAinfo back in February the he "remains interested in the location, assuming all outstanding lease issues have been resolved."
A for rent sign (which arrived back in April) is barely visible now at the Nino's space...
Nino's closed in October 2015. As previously reported, owner Nino Camaj accepted a low six-figure amount to walk away from his remaining 10-year lease and surrender the pizza shop that he opened in 1989. He had been in a dispute with the landlord over back rent and a closure due to a gas leak in the building.
Hop Devil Grill and its sister bar next door, The Belgian Room, were seized by the state in April 2015 for nonpayment of taxes.
A few more details on the East Houston condoplosion
The New York Times yesterday checked in with a piece on the luxury boom along the East Houston
East Houston was once dotted with gas stations, parking areas and weedy lots.
And now? Let's ask developer Ben Shaoul, who's putting in the Katz's-adajecent condos at 196 Orchard St.
“It’s evolving into more of a luxury neighborhood from a grungy neighborhood,” Mr. Shaoul said. “But it’s still a very cool, very hip spot.”
The article offers more details on the million-dollar condos coming to 287 E. Houston St. between Clinton and Suffolk.
[Rendering via Familiar Control]
For starters, the development is a joint project between "Hogg Holdings and Vinci Partners USA, a firm with a Brazilian parent company that is undertaking its first American project."
Likewise, the master baths will have marble slabs or tiles on every surface but the ceiling. Originally, [Vinci rep Jose Antonio] Grabowsky said, the stone was to be deployed much less extensively.
Other features of the apartments include floor-to-ceiling windows, in a building that will stand above most of the surrounding blocks, courtesy of a 2008 rezoning that allowed taller structures on major streets and avenues.
Previously on EV Grieve:
(More) Condos coming soon on East Houston
11 stories of condos to join the growing East Houston residential corridor
On East Houston, empty lot awaits million-dollar condos
An abandoned car in an empty lot that will soon yield a 13-floor residential building
Pourt signage arrives at Cooper Square dorm retail space
Back in August, we noted that one of the retail spaces in the base of the Marymount Manhattan College dormitory on Cooper Square was becoming a "shared office space and café concept" called BRUD (or Brud, depending on the source).
In June, CB3 OK'd a beer-wine license for BRUD. And the retail listing for the adjacent space mentions BRUD as a neighbor.
Anyway, we mention all this because new signage up at the space at Sixth Street shows a business called Pourt (or maybe pourt)...
Looks like a cafe — the U being a coffee cup and all. And Pourt/pourt is more cafe-sounding than BRUD/brud, which maybe rhymes with C.H.U.D., a pretty good bad movie to watch this time of year.
Anyway! The CB3 application fshowed daily hours of 7 a.m. to midnight for BRUD/brud
Soft opening weekend for Three Seat Espresso & Barber on Avenue A
[Photo by Steven]
As previously noted here, a new cafe, barber and bar concept is in the works for 137 Avenue A between St. Mark's Place and Ninth Street.
Over the weekend, several EVG readers noted that the space was open for business...
The cafe will be serving coffee and tea as well as a several menu items at breakfast (avocado toast, for example), lunch and dinner. You can find their menu here. They also have a beer-wine license.
The cafe hours are 7 a.m. to 8 p.m. Monday through Wednesday; until 10 p.m. on Thursday and Friday. The hours Saturday and Sunday are 8 a.m. to 10 p.m. The barber hours are 9 a.m. to 8 p.m. Monday through Friday; 9 a.m. to 8 p.m. on Saturday; and 10 a.m. to 7 p.m. on Sunday. (The barber portion of the business is in the back of the storefront, and there is a wall separating this from the cafe.)
The previous tenant here, Top A Nails, moved next door to No. 139 in May.
Sunday, October 30, 2016
Sunday's Parting Shot
[Click to go big]
A view of the crowd this afternoon in Tompkins Square Park for Choking Victim via Goggla...
Week in Grieview
[Photo outside Gem Spa by Derek Berg]
New ownership makes it official at the former Red Square on East Houston (Tuesday)
Ribbon-cutting ceremony marks return of a community garden on Avenue C (Friday)
City says no to landmarking row of Seventh Street homes, clearing way for demolition of No. 264 (Friday)
New life for Bolt, the dog abandoned in Tompkins Square Park (Saturday)
Wayland team opening Drift Inn at former Evelyn Drinkery space on Avenue C (Monday)
Sigmund Pretzel Shop makes closing official on Avenue B (Tuesday)
Blink Fitness is now open on Avenue A (Tuesday)
Another broker for former Chase branch on Avenue A, where the asking rent is nearly $50k a month (Monday)
Virgola is no more on Seventh Street (Monday)
Fall greetings from Kita the Wonder Dog of East 10th Street (Tuesday)
Lamia's Fish Market headed to SLA for a beer-wine license for 45 Avenue B (Tuesday)
Three new name possibilities for Church of Most Holy Redeemer and Nativity on Third Street (Tuesday)
Squish Marshmallows signage arrives at 120 St. Mark's Place (Friday)
Out and About with Grant Stitt (Wednesday)
Something new to sit on at Astor Place (Wednesday)
Pit crew preps for 22-unit condo on First Avenue (Friday)
Tiny food for Astor Place (Thursday)
Celebrate Halloween with construction and water service interruptions! (Thursday)
Humongous fungus (Monday ... Tuesday)
Divya's Kitchen now open in the Bhakti Center on First Avenue (Wednesday)
Both storefronts at 111 E. Seventh St. are now for rent (Thursday)
The Dump Trump Collection (Monday)
SantaCon is Dec. 10 this year (Wednesday)
Turning over some new leaves for Cooper Square (Wednesday)
...and this is why we can't leave out nice discarded toilets...
[Photo on 10th Street by Steven]
[Updated] Roaming East Village streets somewhere
EVG regular William Klayer spotted this today on Astor Place... be warned!
Unless this is more new, bespoke seating.
Updated 12:35 p.m.
A clearer picture of what happened is beginning to emerge... EVG coffin contributor Derek Berg took this photo yesterday... (which is what might happen if you carry a coffin through the neighborhood ...)
Officials from the Department of Design and Construction are seeking the identity of the two men in the photo to seek their permission to turn the coffin into an attraction for an upcoming Astor Alive! event.
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