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14,400 Sq Ft Mixed-Use Bldg
Bankruptcy Sale

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Property Location

78-80 St Marks Place
New York, NY 10003

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Details

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK

In Re: 78-80 ST MARKS PLACE, LLC, – Case No.: 21-12139 (MG)

14,400 SQ Ft Mixed-Use Building

Features Theater, Bar & Eating Establishment

SEEKING OFFERS FOR IMMEDIATE SALE

78-80 St. Marks Place, East Village, Manhattan, NY 10003

  • 14,400 Sq Ft Mixed-Use 4+ Story Building
  • Features a Theater with Backstage Areas, Attached Tavern, Small Kitchen & Prep Room – Combined C of O Capacity of 249 Persons
  • Current Configuration Described Below
  • 78-80 St. Marks Place Ground Floor:
    • Currently Known/Utilized as Theater 80 St. Marks and the William Barnacle Tavern
    • Box Office
    • Small Kitchen with Takeout Window on St. Marks and Prep Room (Tenant Recently Vacated, Previously Operated as a Sandwich Shop)
  • 2nd-5th Floors; 78 St. Marks Place:
    • 2nd Floor: Museum of The American Gangster (Full Bathroom)
    • 3rd Floor: Office/Meeting Space (Vacant, Full Bathroom)
    • 4th Floor: Residential Unit (Month to Month Tenant, Studio, 1 Bathroom, Balcony)
    • 5th Floor: Residential Unit (Month to Month Tenant, 1 Bedroom, 1 Bathroom)
  • 2nd-5th Floors; 80 St. Marks Place:
    • 2nd & 3rd Floors: Residential Duplex Unit (3 Bedrooms, 2.5 Bathrooms, Screen Room, Balcony off Front, Usable Rooftop Space Off Back)
    • 4th Floor: Residential Unit (Vacant, 1 Bedroom, 1 Bathroom, Balcony)
    • 5th Floor: Storage Space (Vacant)
  • Combined Basement Space:
    • Utilized for Storage & Utilities
    • Walk-in Refrigerator
    • Single Gas Fired Furnace for Entire Building
    • 9 Electric Meters & 1 Gas Meter
  • Additional Information:
  • Borough: Manhattan  Block: 449  Lot: 28
  • Lot Dimensions: 50′ x 97.5′
  • Lot Size: 4,875 Sq Ft
  • Building Class: C7 (Walk-Up Apartments)
  • Structure Type: Theater (Live)
  • Zoning: R7A/C1-5
  • Tax Class: 2B
  • Year Built 1920
  • Annual Real Estate Taxes: $151,958.72

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Marianne T. O’Toole, Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker

*The Property is being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS,” without any representations, covenants, guarantees or warranties of any kind or nature whatsoever. Neither the Trustee nor any of her representatives make any representations or warranties with respect to the permissible uses of the Property including, but not limited to, the zoning of the Property. All interested parties are responsible for conducting their own independent inspections, investigations, inquiries, and due diligence concerning the property including, without limitation, the environmental and physical condition of the Property.