The Real Deal New York

Davey’s Ice Cream scoops up Greenpoint space

Artisan creamery inks 15-year lease at Ironstone’s 74 Meserole Ave.

August 29, 2016 07:00AM
By Mark Maurer Twitter_logo_blue copy

Davey's Greenpoint

From left: Davey’s Ice Cream at 137 First Avenue in the East Village, and the building at 74 Meserole Avenue in Greenpoint (inset: Davey’s ice cream cones)

Leaving a trail of sprinkles across the city, popular East Village artisan creamery Davey’s Ice Cream signed a 15-year lease for its third location, in Greenpoint, sources told The Real Deal.

The shop would occupy a total of 3,200 square feet at Ironstone Partners’ 74 Meserole Avenue, also known as 162-168 Guernsey Street. The space would be evenly split between the ground floor and the lower level of the three-story mixed-use building, said Constellation Real Estate Advisors’ TRData LogoTINY Ryan Reszelbach, who represented the landlord.

Asking rent for the space is in the low-to-mid-$60s per square foot.

The new outpost is the chain’s largest yet. The space is also slated to be used for ice cream making courses and tasting events.

David Yoo opened the first Davey’s Ice Cream in the East Village in 2013, at 137 First Avenue, near East 9th Street. Last year, Yoo opened the second location, at 201 Bedford Avenue in Williamsburg. Davey’s boasts that it makes its desserts from scratch and pasteurizes its own ice cream mix in-house.

Ironstone Partners, a Midtown-based development and investment firm led by Morwin Schmookler, has owned the Meserole Avenue building since 2014, when it paid $1.8 million, property records show.

“Davey’s focus on quality, local sources for ingredients is sure to allow for many new and exciting opportunities for them” at the building, Schmookler said in a statement.

The property is located just two blocks from the neighborhood’s main thoroughfare, Manhattan Avenue. Mona Lisa Coffee Shop formerly leased the space.

Eastern Consolidated’s Alex Geisinger represented the tenant. Representatives for Davey’s Ice Cream could not be reached for comment.

Elsewhere in Greenpoint, a new supermarket called Gourmet Affair signed a 20-year, 11,000-square-foot lease at 1133 Manhattan Avenue in March.