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

The Derby replaces Tiny Fork on Orchard St.
Three Problematic Hell Square Bars Hope to Upgrade to Full Liquor Licenses

Three Hell Square bars – two of which are newcomers – are headed straight to the State Liquor Authority for blessings regarding OP upgrades and alterations. Each of the establishments received denials from Community Board 3 within the last few months. Below is a quick and dirty update. The Derby Controversial owner (and hated neighbor) […]

bowery-mission-2014
With Pantry Depleted, Bowery Mission to Receive Funding From City

The Bowery Mission is set to receive some much needed government dollars to help stock their rapidly depleting pantry for local Lower East Side homeless. The Food Pantries Initiative has $237,600 earmarked in the city’s 2015 Fiscal Year budget, spread between ten delegates, which leaves Councilwoman Margaret Chin with $23,760 to work with. Of that, she plans to allocate $9,000 to the […]

billys-closing
Billy’s Antiques is Returning to the Lower East Side for One Day This Weekend

This Saturday (October 25), Billy LeRoy is reviving his antiques business for one day only. He’ll head down to Seward Park to pitch the big-top tent as part of the Hester Street Fair’s “Bedford + Bowery Bazaar,” the last event of the season. Billy Leroy’s eponymous antiques business on East Houston was a fixture of […]

tijuana-picnic-outside
Tijuana Picnic Opens Next Week on Essex Street; Here’s a Look Inside

While not readily apparent, the old Laugh Lounge space at 151 Essex Street is almost completely transformed. Behind those bombed-out windows the tables are set, with Tijuana Picnic nearly ready to begin service. Word on the street is that the Mexican/Asian fusion establishment – under construction since May 2013 – opens next week. Tijuana Picnic […]

comfort-diner-neon
Comfort Diner is Opening on Grand Street Later This Week

It was around this time last year – the Jewish high holidays – that Noah’s Ark kosher deli closed in observance. Never to reopen, despite some assurances to the contrary. Holy Schnitzel subsequently made a run for the establishment yet ultimately was passed over for the Comfort Diner. For the Midtown-based diner, the pin in […]

  • JL

    Is it over for the drunkards and the urination?