Applebee’s becomes second chain restaurant to secure Harlem plot this year

New York /
May.May 31, 2012 12:30 PM

Applebee’s, the national chain eatery, is slated to open in East Harlem this fall, which now marks a trend of national franchises opening shop in the Harlem area, New York Magazine reported. The restaurant will be located at 509-513 East 117th Street, a vacant lot just off the FDR Drive and will be LEED certified. The asking rent, taking rent and brokers were not mentioned.

This Applebee’s location will be the fourth in Manhattan, but the second national restaurant set to open in Harlem since February. Red Lobster will be moving into a space next to the Apollo Theater on 125th Street that has not yet been constructed. Though Red Lobster submitted its liquor license application this month, its opening date is still unclear. Applebee’s metro-area locations typically gross double the profits of the chain’s national average, New York said. [NY Mag] and [Harlem + Bespoke]


Related Articles

arrow_forward_ios
The 300 West 125th Street location of Buffalo Wild Wings is closing for good. (Google Maps, Getty)
Buffalo Wild Wings chickens out on Harlem lease
Buffalo Wild Wings chickens out on Harlem lease
Thor Equities Group Chairman Joseph J. Sitt. (Thor)
Thor facing foreclosure on Harlem rental building
Thor facing foreclosure on Harlem rental building
Webb & Brooker co-founder Eugene H. Webb (Getty)
Webb & Brooker co-founder Eugene H. Webb dies
Webb & Brooker co-founder Eugene H. Webb dies
317 Lenox Avenue (Google Maps)
David Werner acquiring Harlem office leasehold for $60M
David Werner acquiring Harlem office leasehold for $60M
Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard
Making Lemonade: Don Lemon breaks even on Harlem condo sale
Making Lemonade: Don Lemon breaks even on Harlem condo sale
Savanna's Christopher Schlank and Nicholas Bienstock with 1825 Park Avenue (Savanna; Google Maps)
Savanna looks to sell Harlem office building for $75M
Savanna looks to sell Harlem office building for $75M
A rendering of 121 West 125th Street in Harlem (Photo via BRP Companies; Trader Joe's)
Trader Joe’s is coming to Harlem
Trader Joe’s is coming to Harlem
From left: 21 Montrose Avenue in Williamsburg, 1480 Amsterdam Avenue and 520 West 136 Street in West Harlem and 208-212 West 141st Street in North Harlem (Google Maps)
Week’s mid-market sales run gamut from $80 to $500 psf
Week’s mid-market sales run gamut from $80 to $500 psf
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...