Azul Bistro on Suffolk Street Put Up for Sale
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
2 Pos systems
A complete kitchen
Walk in cooler 6x8ft
5 Low Boys
All seats and tables
Beer and Wine license
Everything up to code
All in good condition.
Walk in and operate the place
Key money on request