The Plan: 135 Seventh Avenue South/163 West 10th Street
The Editors Jan. 9, 2014, 9 a.m.
Vacant for more than a year, two adjacent West Village retail spaces have hit the market at 135 Seventh Avenue South and 163 West 10th Street. Formerly the home of an Italian bakery, Landbrot Bakery & Bar, that “thrived for 15 years,” according to the listing’s broker, and a barbershop, each space has the opportunity to be reinvented by tenants, including possible restaurants. Initially envisioned for a single tenant, the individual spaces have since been subdivided to accommodate separate occupants. Tom Brady of Town spoke to The Commercial Observer last week about the opportunities.
The Seventh Avenue South location does have unique quirks. “It’s a tricky space in a great location,” Mr. Brady said. “It’s long and narrow, with frontage on Seventh Avenue South.”
The location includes an outdoor courtyard ideal for alfresco seating. A potential deal for a high-end salon that eventually fell through included plans to decorate the outdoor area and offer coffee to clients.
“The 1,100-square-foot space at 135 Seventh Avenue South is an ideal West Village restaurant space,” said Mr. Brady, who highlighted “comfort food” or another dining style that has not yet saturated the market as an ideal tenant. The space is already vented for restaurant tenants but does not include kitchen equipment.
Available for immediate occupancy, the 1,000-square-foot space at 163 West 10th Street is being marketed as a speakeasy-style restaurant space. “It would make an ideal tavern,” Mr. Brady noted. “The basement space would not work as retail, but it would work as a Waverly Inn-type speakeasy.”
Both spaces are move-in ready and will be delivered white box to tenants.