• For Sale
  • Asking Price 12,500,000 USD 
  • Build Size: 5,000 ft2
  • Land Size: 5,000 ft2
  • Bathroom: 4
Nestled on this charming tree-lined Greenwich Village Gold Coast street off Fifth Avenue sits an iconic restaurant space.

The restaurant was home to the renowned mad men era steakhouse Nat Simon's Penguin Restaurant where the rat pack mingled with Village Bohemia for several decades; followed by the legendary Marylou's, an Italian fish restaurant, a place to both quote and paraphrase the author Jay McInerney was where "Marylou liked to hang out with her customers, many of whom were famous or infamous including Jack Nicholson who made Marylou's a kind of East Coast clubhouse for the bad boys of Laurel Canyon, for the Chateau Marmont crowd like Oliver Stone, Eric Roberts and Harvey Keitel. For over 20 years Marylou's was an institutionIt was not about being seen, it had the feeling of a secret clubhouse, no cameras, no paparazzi, and while gossip columnists were often in the presence of badly behaving celebrities what happened at Marylou's was off the record. It was a good policy to be polite because some of the regulars were also the kind of guys that had taken oaths in blood which attracted the actors who played them on screen like Chazz Palminteri, Dominic Chianese, Joe Pesci and Robert DeNiro a place where The Baron, a regular at Marlylou's would sit at the head of the table and introduce Jay McInerney the famous novelist to Abel Ferrara the world famous director to Joey Beans who used to be a hit man for the Gambinos. It was a place where the magical pixie dust made everyone feel a little younger, smarter and better looking." The space was recently home to the fabled Omar's which had a public restaurant La Renita and Omar's members-only supper club, a place where the glitterati reigned supreme. Now the magic is ready for the next remarkable restaurant!

The restaurant is fully equipped; the kitchen is approximately 5 years old. Where else can you locate approximately 5000 square feet in the heart of Greenwich Village! It also includes a grandfathered liquor license waiting to be applied for. It is a unique opportunity to purchase a Long Term Lease with decades remaining with a fixed monthly maintenance of $3495 for the remainder of the lease. The real estate tax is approximately $1500 per month unless the real estate taxes go up and then the space is responsible for a mere 10% of the tax increase which makes the total monthly expenses approximately $5,000.

Whether Restaurateur or Investor this is a rare opportunity to have a mythical space not to be missed!

Jennifer Ellenberg
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Nestled on this charming tree-lined Greenwich Village Gold Coast street off Fifth Avenue s, Manhattan, New York, United States is a 5,000ft2 Manhattan luxury listed for sale Asking Price 12,500,000 USD. This high end Manhattan is comprised of N/A bedrooms and 4 baths. Find more luxury properties in Manhattan or search for luxury properties for sale in Manhattan.