166 First Avenue, New York, NY 10009

Located in the heart of the East Village, 166 1st Avenue is currently the Nite Owl on the Ground Floor and the Lower level is a full service kitchen and one of the cities best speakeasy s Dead Drop. 13 years + a 5 year option to renew left on the lease, but Landlord would consider a new lease for the right tenant. 1500 sf ground floor and 1500 sf useable lower level Rent is currently $15,400 with 3% increases Asking $695,000 key money Commission is 10% of key split 50-50