Fat Radish Retail Condo on Orchard for Sale at $2.1M
This image has been archived or removed.
The Chinatown gold rush east of Allen Street is heating up. There’s lots of real estate and nightlife movement happening in these parts of late.
And now, for $2.1 million, you can play landlord for the Fat Radish. Indeed, the 1,308 square-foot ground level (plus 1,248 square-foot basement) footprint at 17 Orchard Street is currently for sale via Massey Knakal. All units in the building were apparently converted to condos back in 2009.
The biggest selling point here is naturally the restaurant itself, which remains a trendy hotspot for those who wish to be seen. Not to mention the inflationary effect of the high-end hotel under construction around the corner at the Jarmulowsky Bank Building.
Here’s more per the real estate listing:
The unit enjoys a full basement which is used for storage and cooking. The Fat Radish is in their first year of a ten year lease with 3% annual increases. Furthermore, they pay 15% of the tax increases over base year 2009/2010. 17 Orchard Street was recently converted to condominiums around 2009. The retail unit received a complete facelift and gut renovation. Furthermore, 17 Orchard Street is located less than 150 feet from 54-56 Canal Street which was recently purchased by DLJ Real Estate Partners. DLJ is currently in the process of converting the former bank building into a high end hotel.
Recent Stories
Shakespeare in the Parking Lot Returns from COVID-19 Sidelines
All the world’s a stage… To honor what would be the Bard’s 457th birthday, the ever-so-popular Shakespeare in the Parking Lot is back for a two night affair. Being the first performance from the troupe since the pandemic sidelined it in 2020, the event promises evenings filled with scenes, songs, sonnets, and soliloquies from the […]
Pedestrian Bridge Decay in Corlears Hook Park?
Strange things afoot. For a few days in mid-March, the pedestrian bridge connecting Corlears Hook Park to the East River greenway was closed off. No explanation; just cones and netting. Neighbors claimed that the bridge itself was crumbling, and that concrete debris fell onto the FDR roadway below. However, after a few days closed to […]
Opposition Mounts Against Public Hotel Garden Revamp on Chrystie Street
The 28-story Public Hotel hopes to reconfigure its garden area along Chrystie Street. Neighbors are not having it. Posters in the immediate vicinity display the opposition to the liquor license modification. Claiming that the new garden format would be an “open air eating and drinking playground for the rich.” According to materials submitted to the […]
Developer to Close Lands End II Parking Lot by Month End for New 700-Foot Towers
Not two months after the Appellate Court overturned community lawsuits stopping the Two Bridges mega-developments, one of said projects is now moving forward. Tenants of the Lands End II housing complex were informed, via letter, that the rear parking lot will close by the end of April to make way for the 700-foot megatowers by […]
An Art Show to Benefit the Educational Alliance
A new art exhibit to support the Educational Alliance and its Manny Cantor Center kicks off this weekend. Drawing inspiration from the recently-deposed Hester Street Fair, “CONTINUE TO BE” is a celebratory show welcoming the warmth and hope of springtime in the city, featuring both new and old work from local photographers who have documented life […]
