Lina Frey on East Houston Hits the Open Market

Posted on: April 17th, 2012 at 6:44 am by

Two years seems the standard shelf life these days for almost any new business opening on the Lower East Side.  Both boutiques and eateries alike. Now approaching this first milestone is Lina Frey, the indoor al fresco joint at 201 East Houston, with its retractable skylight and active liquor license.

Last week a pair of real estate listings for the establishment trickled onto the Craigslist classifieds. While the identity was not revealed in the post itself, the tiny thumbnail included was evidence enough. Looks like ownership is testing the waters by putting the 3,600 square-foot operation up for sale.  This “gorgeous fully-fixtured restaurant” is the latest turnkey opportunity in the neighborhood, seeking an undisclosed amount to own Lina Frey outright, plus an additional $8,950 in monthly rent. Here’s the skinny on what’s allegedly up for grabs:

Gorgeous Fully-fixtured restaurant
1,800 square feet ground
1,800 square feet basement
Perfect Brand new Turn Key Space – beautiful -with retractable skylight
Full liquor 2am during the week and 4am friday and saturday
Ground floor has huge open room with large bar, high ceilings, brand new ac, kitchen and bathrooms
Basement has lots of storage, walk-ins, Beer Walk-in with 12 taps), office, liquor room, etc.
Rent: $8,950 per month
Key money
Principals only
Must be very well-qualified and have strong financials and biz plan

Whether or not a sale actually goes down, these listings are oftentimes early indicators that issues are undoubtedly afoot.

Recent Stories

ron-english-graffiti-wall-1
Here is the Ron English ‘All American Temper Tot’ on the Bowery Graffiti Wall

That was quick. The Bowery graffiti wall is already sheathed in its new mural. In a matter of hours yesterday, artist Ron English rolled on his wheat-paste creation to the year-long-stagnating wall at the corner of East Houston. It’s called the “All American Temper Tot,” and features the hulkish green baby (i.e. the Temper Tot) […]

ellis-island-24_wm
Touring the Creepy Abandoned Hospital Complex on Ellis Island [PHOTOS]

Creepy. Cold. Intense. Haunted. All apt adjectives to describe the unused section of Ellis Island designated as ruins. It is on the south side of this national park – straddling the state lines of New York and New Jersey – that a maze-like collection of twenty-nine buildings sits. Rotting away from the inside out. Indeed, […]

140orchard-wildair
Contra Guys Will Open the Casual ‘Wildair’ on Orchard Street Next Month

Around this time last year, Contra scored the go-ahead from Community Board 3 to open a casual, “creative American” restaurant at 94 Allen Street. It was to be a place more approachable than the OG spot. Those plans ultimately hit a dead-end (F18 Gallery opened there instead), though, and owners Jeremiah Stone and Fabian Von […]

brunswick-clinton-1
Bluebird’s Alex Hall Swaps Rosella for Brunswick on Clinton Street

This month in identity crises, one Lower East Side coffee shop has decided to change its name. Bluebird principal Alex Hall opened Rosella exactly one year ago at 23 Clinton Street. Competition here is fierce, given the number of java joints within spitting distance (that would be five). The Australian-born Hall ultimately decided to scrap […]

graffiti-wall-night
After a Year of Inactivity, Ron English is the Next Artist to Paint the Bowery Graffiti Wall

The mobile boom was rolled into place beside the freshly-constructed Bowery graffiti wall early yesterday morning. In covering this slab for years, this is the surest signal that a change of the guard is in the cards. Indeed, the next entrant is already at bat to paint a mural here. Acclaimed street artist Ron English has […]