Azul Bistro on Suffolk Street Put Up for Sale

Posted on: November 20th, 2012 at 6:09 am by

Should we sing the blues for Azul Bistro? The under-the-radar Argentinian bistro is seemingly ending its eleven-year run at the northwest corner of Suffolk and Stanton Streets. Real estate research reveals a handful of sale listings for the property. Indeed, the popular haunt was recently listed as a “prime” turnkey opportunity via Craigslist.

Azul first opened at 152 Suffolk Street shortly after 9/11, in December 2001. The neighborhood has changed beyond recognition in the ensuing period, yet here it remained.

For an unspecified amount in key money, plus $8,200 rent, prospective investors will receive a fully-functional 1,000 square-foot restaurant. Five years remain on the lease with the likely option to renew for another ten.

Corner Restaurant on Stanton street
Booming lower east side area
Only $8,200 per months Real estate taxes and Water included.
5 years reamaining with a possible extension of additional 10 years
50 seats.
Comes With:
2 Pos systems
A complete kitchen
Walk in cooler 6x8ft
5 Low Boys
Coffee machine
Sound System
All seats and tables
Gaz equiped
Beer and Wine license
Sound system
Everything up to code
All in good condition.
Walk in and operate the place
Key money on request

Recent Stories

moscot-band
Moscot has a House Band with Dr. Moscot on Guitar

Moscot rocks out with the best of ‘em. The last two consecutive Thursdays, after hours, we spotted a four-piece band rehearsing inside the Orchard Street store. A double take proved that fourth-generation owner Dr. Harvey Moscot was indeed wielding a six-string (i.e. Fender Stratocaster). Moscot PR tells us that the house band is called “The […]

duchesse-orchard-2
New Orchard Street Bakery ‘Les Jardins de la Duchesse’ Will Carry a Bacon-Wrapped Eclair

Modern Fashion & Style on Orchard Street closed over the summer so that a new French bakery could sling pastries. During those interim months, contractors have been tearing apart the commercial space of 138 Orchard. We heard chatter along the way that the newcomer was some sort of bakery. Confirmation arrived yesterday afternoon with the new store […]

Photo: TH
Councilwoman Margaret Chin Calls for New 25 MPH Speed Limit Signs Along South Street

In a couple weeks (November 7), the city speed limit will shift to the lower default of 25 mph, following legislation that was recently passed into law. Councilwoman Margaret Chin is on the offensive, demanding proper street signage for the most dangerous traffic corridors. In a letter to DOT Commissioner Polly Trottenberg, she singles out […]

aaa-ichiban-closed-2
AAA Ichiban Sushi on Orchard Street Closes Ahead of Ben Shaoul Development

The northeast corner of Orchard and East Houston is slowly giving up the ghost. As we’ve been reporting, controversial landlord Ben “Sledgehammer” Shaoul purchased the L-shaped low-rise strip and is gradually booting the businesses. We lost Bereket and Philly’s Cheese Steak over the summer; Taqueria will soon move up to St. Mark’s Place and received blessings from […]

Harper's 1898, Collection of Maggie Land Blanck
Revisiting the Iconic (and Photogenic) Tenement Fire Escapes

Ah, the iconic New York City fire escape. Sitting out on your “escape” really is just that. The breeze. The city below your feet. The views. The sounds. The smell (to each their own). Fire escapes have always been crucial to New Yorkers for a variety of reasons, least of which, surprisingly, was escaping fire. […]