Theater District commercial space trades for $7M

Site at 781 Eighth Avenue is ideal for restaurant

TRD NEW YORK /
Sep.September 23, 2013 09:02 AM

A potential restaurant space in Midtown’s Theater District, at 781 Eighth Avenue, has sold for $6.9 million.

The 9,000-square-foot, four-story building between 48th and 49th streets was home to lighting company City Knickerbocker Lighting Fixtures for the last 50 years. City Knickerbocker is moving to A New Location On 665 11th Avenue, according to the company’s website. The building’s location makes it suitable for offices on the upper floors and a ground-floor restaurant or café, according to Newmark Grubb Knight Frank Retail’s Jonathan Krivine, who along with colleague Dennis Karr brokered the sale on behalf of City Knickerbocker.

The buyer was an LLC called 781 Eighth Avenue Owner, according to the New York Post. RKF’s Brandon Eisenman represented the buyer.

In August, the city coughed up about $150,000 to light up Restaurant Row with solar-powered lights and illuminated metal kiosks. [NYP, 1st item]  – Hiten Samtani


Related Articles

arrow_forward_ios
Clockwise from left: JLL's Michele Mahl, Savills' Peter Hennessy, Eastdil Secured's Will Silverman, Christie’s Brian Meier, Nest Seekers' Mike Fabbri and Compass' Charlie Attias 

These were the biggest broker comings and goings of 2019

Jordan Roeschlaub and Dustin Stolly, Newmark Knight Frank

Co-heads of Newmark’s debt team host holiday bash

Brett Siegel, Jean Celestin, and Evan Layne with Newmark Knight Frank offices at 125 Park Avenue (Credit: LinkedIn and Google Maps)

Newmark poaches Eastdil Secured sales team

Robert K. Futterman (Credit: Southampton Town Police)

Futterman’s latest DUI wouldn’t factor into termination case: legal expert

Jimmy Buffett and a rendering of Margaritaville Times Square (Credit: Getty Images, Margaritavilla/The McBride Company)

Sued away again in Margaritaville: Newmark claims chain breached exclusive contract

Tom Citron

Newmark’s Tom Citron heads to Colliers

Robert Futterman through the years (Credit: Getty Images)

“A cloud on the industry:” After Futterman’s firing, questions arise about Newmark’s growth strategy

Robert Futterman (Credit: RKF)

Robert Futterman fired from RKF

arrow_forward_ios
Loading...