1492 on Clinton for Sale?

Posted on: February 24th, 2011 at 6:28 am by

More than five years at one particular location is an eternity for any New York City business, but even more so for nightlife.  Especially those situated on a restaurant alley like Clinton Street.

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So, after nearly a decade, it appears that not all is kosher at Spanish tapas joint 1492. The eatery at 60 Clinton Street is now for sale due to some alleged “partner disagreements.”  At least according to the brokerbabble in the real estate literature.  NYCRS is hawking the property to restaurateurs with the blunt pitch – “Take advantage of partner disagreements for an incredible below-market lease.”

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Key money is priced at $295,000, and the purchase includes all furniture, fixtures, POS system, and other equipment.  Monthly rent for the 2,000 square-foot space is $6,500, with an eight-year lease term.

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