Two storefronts for rent on Underhill

What... no crack pizza? :-)

I loved the food at Carl's Place. The only problem was that it was a tad expensive and they never had the food listed on the menu...

Shame it's going. Another American dream destroyed...

well....
a few of us have been looking at one of the 2 spaces for rent to open....
a really good COFFEE place.
which as everyone, including us, has said this neighborhood is SORELY lacking.
the rents that we are initially looking at for those spaces are ridiculous.
one has said they would negotiate with us on as long as we are not putting in a full restaurant style kitchen but they are starting at $4500
we have a friend who just opened a coffee place in cobble hill which is less of an 'obvious' investment risk and she is paying $2100 a month for the same amount of space as the 2 places on Underhill, which seems fair if not a really good deal for that neighborhood.

We are planning on wi-fi, a really comfy loungy feeling where people would want to come and hang out. REALLY good coffee, some simple food and great baked goods. A super good wine and beer selection (if we can get past the church across the street ) and most importantly just a really nice neighborhood atmosphere.

We have already started all the business paperwork and now just need to get one of them to give us a space at something less than West Village rents.

Does any one know what the leases are going for for sepia or carl's place?
we just want to get an idea of what the going rents are before we go into negotiation phase.

Thanks!
jenn

HA!!!
we are totally poor which is why we have to get them to let us pay WAAAAAAY less than they are asking
:oops:

I second the suggestion about Washington. With the new buildings going up there, you are soon to get a lot more residential traffic as people walk up to Eastern Parkway or down to Fulton Street to catch the subway. And, there is no way any of the current storefronts are asking for anything close to $4500.

im terribly biased towards underhill as i live 1/2 a block from the location :oops:
but since we are determined to have decent coffee around here for all (!!!) so if the underhill location doesn't pan out we will take a look at washington.
but it looks like we have some good stuff to work with in terms of negotiating since they are asking far more for this place than the same amount of space on 7th ave in PS.
I'd still love to know if anyone has info on any of the monthly leases on underhill now.
thanks for all the encouragement!!

Subject: I have a storefront on Washington

My wife and I own a mixed-use building on Washington Ave. Just off St. Marks. Kiddy corner from Gen Sushi. We live on the top two floors above the storefront space. It looks like our current tenants might not be coming back (they're going to give me a final answer in the next couple of weeks). I've seen the clamor for new businesses on the site (and I've felt the need myself). If our tenant doesn't come back, we'll be looking to rent our space out. I'm willing to rent it under market value if we can find a good tenant. A good tenant is someone who wants to bring in something that will benefit the neighborhood. Also, we're looking for someone whose business won't go late into the evening and who won't make a ton of noise. That probably precludes a lot of food options. But, it's a good space for a gallery, bookstore, any type of retail, yoga studio, etc. The space is nice -- albeit in need of work. It's got high tin ceilings. It's about 900' feet with additional basement storage. I'll probably post this to the group as a whole, as well.

Next to Kinky Krowns

No. The next building over. 688 Washington. It's not much too look at from the outside. Needs new storefront glass. New gate. Like I said, the space needs some build out work. But the actual space itself is nice.