Mercury Lounge Building Hits Market for $7.5M
Another Lower East Side building with an iconic commercial tenant is on the market.
The mixed-use tenement at 217 East Houston Street, which houses Mercury Lounge on the ground floor is currently for sale. Asking price is $7.5 million.
Of the eight apartments in the building, five are stabilized and three free-market. The music venue has been here for more than twenty-five years, and according to the real estate listing, renewed their lease in December 2020.