Sold for nearly $4 million late last year, 70 Hester Street on the Lower East Side is currently being marketed to retail tenants by Town. With a history stretching back to the mid-1800s, when the property served as a synagogue for the First Roumanian-American Congregation, 70 Hester Street has served a variety of purposes over the years.
As reported by The New York Times, after ceasing to be a house of worship in the late 19th century, the space housed a still during Prohibition and was later a raincoat and shower curtain factory following World War II. The building’s ground-floor space has been earmarked for a high-end café, but the 2,320-square-foot second floor is still available at a rate of $14,500 per month. Well suited to a gallery or fashion showroom, the space features a wraparound mezzanine, skylights and a stained-glass window.
Tom Brady, broker at Town, and Amy Delson, publicist for the brokerage firm, spoke with The Commercial Observer last week about the property and some of its unique features.
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