Happy Ending Space at 302 Broome Street for Sale Again

Posted on: February 1st, 2013 at 6:00 am by

happy ending 302 broome

A happy ending is seeming ever more unlikely for the “hidden” duplex club at 302 Broome Street. Three years after the dual spaces first hit the chopping block, the condo owner is again trying to unload the 3,846 square-feet of real estate. And at a reduced price of $1.8 million for both the ground level and basement components. A package deal. The previous listing was for $2.5 million.

Massey Knakal broker babble on this go-round, however, is definitely more forthcoming regarding the fate of Happy Ending. The two units will be delivered vacant upon purchase. That’s a change from the “can be” language previously used. Apparently they’re on a month-to-month arrangement.

Two Lower East Side / Chinatown retail condominium units within the 6-story condominium building located at 302 Broome Street. The property is situated on the north side of Broome Street between Forsyth and Eldridge Streets. The offering includes two retail condominiums, one of which is on the ground floor and the other in the basement. Although the offering consists of two condominium units, there is currently one operator using the space as one single business.

The space will be delivered vacant at the time of the sale and any Use Group 6 is permitted. Furthermore, there are no condo plan restrictions, venting is possible if desired and there are condensing units on the roof. The ground floor consists of 1,890 gross square feet, 1 ADA bathroom, a 7 ½ and 5 ton HVAC unit and 12’ ceiling. The basement consists of 1,986 grosssquare feet, 4 bathrooms, a 7 ½ ton HVAC, is fully sprinklered with elevator access and has an 8’ ceiling.

The property is located just steps from some of the biggest names in the restaurant, art and fashion industry in addition to two blocks from the JZBD subway lines. Although there is one operator currently in place, the business requires two liquor licenses since there are two lots included. Currently, there is a bar occupying both floors, with no lease in force. There are separate liquor licenses for each floor. Occupancy of 74 per floor totaling 148 for the entire business. There is no cabaret license. Please call for more information. Tours strictly by appointment only.

Group 6 usage is the zoning designation for retail and service uses.

Recent Stories

jeep-crushed-1_wm
This Jeep was Parked Beside the 2nd Avenue Explosion Site

This Jeep was crushed in the aftermath of the explosion on Second Avenue last week. The vehicle was pulled from the debris and relocated a couple blocks south. Sitting on a cordoned-off stretch of pavement, it was on display the past couple days. CDs still in the sun visor, jacket in the trunk, and to-go […]

adel-salon-orchard
Adel Atelier Hair Salon Vacates 96 Orchard Street for Midtown

Adel Atelier is moving away from Orchard Street after a successful three-year tenancy. We are told that the salon, which collected various accolades and press mentions, will saddle up at the end of the month. Meaning, later today. Reason given for the departure is the need for more space. As such, Adele is relocating to […]

cw-pencil-1
Specialty Pencil Store ‘CW Pencil Enterprise’ Debuts on Forsyth Street

Your standard-issue #2 pencil ain’t gonna cut it anymore. Not with a trendy pencil purveyor now slinging graphite on the Lower East Side. CW Pencil Enterprise – a small business founded by one Caroline Weaver in November 2014 – debuted earlier this month at 100a Forsyth Street. The CW brick-and-mortar boutique store is stocked with […]

50clinton-teaser
50 Clinton Luxury Development Debuts ‘Sales Gallery’ and Teaser Signage

News regarding 50 Clinton Street is now a torrent. The one-story row of retail will imminently fall brick by brick to allow seven stories of luxury to muscle onto the scene. The insult added to that injury is the new teaser banner that advertises residences starting at a slender $975K. What a steal! And now that we […]

hanksy-delancey-11_wm
Recap: Hanksy Transforms Chase Bank for ‘Best of the Worst’

For one night, the former Chase Bank on Delancey was an (alternative) art industry hotspot. Pun master Hanksy transformed the 12,000 square-foot commercial space into a carnival-esque show dubbed “Best of the Worst.” To use the word gallery as description would be a misnomer. Indeed, the soirée felt more like a high school rec-room party, […]

  • JL

    Is it over for the drunkards and the urination?