The Cursed 71 Clinton Street is Now on the Block for $18M

Posted on: October 13th, 2014 at 6:00 am by
This image has been archived or removed.

There is a complete sea change happening on Clinton Street these days. The area always seemed a bit untouchable from the mass speculation prevalent in other areas of the Lower East Side. Yes there were tons of foodie haunts, but a nice mix of mom-and-pops existed. With the Essex Crossing happening, though, people are cashing out big time.

Sales activity is definitely on the uptick. We already noted the record price of 50-62 Clinton Street, which fetched $28 million and will result in a seven-story luxury condoplex. Icon Realty – former owner of the aforementioned property – also purchased Clinton across the way for upwards of $5 million.

Now another…

The seven-story mixed-use building at 71 Clinton is up for grabs. This, of course, is the hexed property that has trouble holding down retail tenants. The 15,895 square-foot property – located on the highly trafficked corner of Rivington – contains 2 commercial units and 22 residential apartments (16 of which are market rate). It’ll cost you a slender $18 million.

Meanwhile, the former home of San Marzano Pizza is still available. You’ll recall that a burst water pipe and subsequent flood KO’d the Italian restaurant earlier this year, further fueling the belief that this address is certainly hexed. They’re now back in business, though at 117 Second Avenue.

Besen Real Estate is repping the 1,100 square-foot space; no price listed.

Recent Stories

Queen Andrea is the Next Muralist Painting the Bowery Wall

The Bowery Mural Wall is ready for its next muralist. Unknown until now. Thursday morning, the canvas was whitewashed to erase the prior mural painted by Bronx-based Tats Cru. Hours later, the site was epically tagged into submission by Pork New York. In a broad daylight walk-by. We can reveal that the next in line […]

The ‘Prestige’ of Tagging the Bowery Mural Wall

The four-month tenure of Tats Cru at the Bowery Mural Wall has concluded. A change of the guard is happening as we speak. The Wall was whitewashed yesterday. And it didn’t take long at all for a tagger to go big with spray-paint script spelling “Prestige.” Whomever is behind it left a trail of paint […]

65-Year-Old Man Jumps to His Death from 6th Floor of Seward Park Co-op

A 65-year-old resident of the Seward Park Co-op reportedly leaped to his death early Tuesday morning. According to the police report, the man jumped from the window of his sixth-floor apartment at building 4, west of Clinton. Officers from the 7th Precinct responded at 7:47am, and found him unconscious at the scene. Further investigation into the […]

Open Call for Muralists to Decorate First Street Green Art Park

Centre-fuge, whose popular art trailer was deposed last summer after seven years, is seeking muralists to paint part of the First Street Green Art Park. The group put out the official request for proposals yesterday morning. There are seven fence-canvases available for the taking. Artwork is curated on a rotating basis, so this next batch […]

Mulberry Market Signage Goes up in Little Italy

Months delayed, the forthcoming Mulberry Market finally has something to show for itself. Store signage was installed yesterday above the entrance to the highly-anticipated supermarket (stylized as MulberryMARKET). The new marketplace is apparently a “family business” that is years in the making. It replaces the decades-old MET Food, which was unable to negotiate favorable lease […]