Parisi Bakery Building on Elizabeth Street Listed for $5.99M

Posted on: October 29th, 2020 at 5:07 am by

The NoHo building housing Parisi Bakery is up for sale, and the store may not survive.

Robert Parisi – building owner and former head baker of the family business – listed 290 Elizabeth Street on the market. He’s seeking $5.99 million for the seven-unit, mixed-use tenement.

Parisi purchased the property in 1983 for $200,000, property records show. The bakery moved here from the original location at 198 Mott Street, which subsequently became more of a delicatessen serving sandwiches. (Family patriarch Joe Parisi opened on Mott Street in 1903.)

As the literature notes, the retail bakery at 290 Elizabeth is “owner occupied” and will be delivered vacant for a “repositioning opportunity.”

In recent years, this bakery endeavor was run by Frank Parisi as a separate entity. Though, it was dragged through the proverbial mud twice in the last decade due to involvement selling weed.

The property has been rumored on and off the market over the years – unofficially – but this time might be for keeps.

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