Morgan Adzei Jr.

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Property Description

Fully Licensed Bar For Sale - Lower East Side - Two Time Zagat Best Award!

2 Levels - Ground Entrance

High Traffic LES Location

4am - Liqour License

Serious Principals Only.

3,500 Sq. Ft. Lower East Side Nightclub, Bar, Lounge and Restaurant. Two Levels. Full Liquor Licenses - Seasoned with CB3 7 year lease duration plus 3 yr/option can go to 10 year $14,000 5% Escalation Key Money $550,000 High Traffic Desired Location. Principals Only. Seasoned space and time is now. Neighborhood Description: The Lower East Side is a neighborhood in the southeastern part of New York City borough of Manhattan. Recently, it has undergone gentrification and is increasingly populated by young professionals, artists, and students. While the exact eastern and southern boundaries of the neighborhood are open to debate, the Lower East Side today refers to the area of Manhattan south of East Houston Street and west of the East River. The Lower East side is bordered in the south and west by Chinatown and in the west by NoLIta and in the north by East Village. This diverse neighborhood contains many synagogues and a great variety of churches, both in terms of denomination and ethnic and linguistic makeup.

 

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