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5-14 51 Avenue
LEASED

SkyHighRealtyX Leases 7,500 SF Retail Space In Long Island City

5-14 51 Avenue

Retail
7,500 SF
clock iconLeased 1 year ago
Victor Chung
Michael Wang
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Summary

Lease
NEW YORK
Retail
7,500 sqft

The original Alewife Brew Pub located at 5-14 51 Ave. in Long Island City has been leased to new tenants. The property, which is a 3-level, 7,500 square foot restaurant and bar, is currently undergoing renovations by El Grupo SN to create a new concept for the space. El Grupo SN, along with F&B operators Nathan Leong and Michael Wang, aims to bring a fresh dining experience to the heart of LIC. There are also rumors of a possible future brewery on the premises. Stay tuned for updates!

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 04/14/2021
  • Market: Long Island City
  • Tenant: SkyHighRealtyX
  • Brokers: Michael Wang & Victor Chung - Project Queens
  • Asking Rent: $26.50/ft.

Note from broker: The Alewife Brew Pub was forced to close its doors in 2020 due to the pandemic, but a new establishment is set to take its place. El Grupo SN, known for their innovative concepts, will be in charge of transforming the space into a vibrant restaurant and bar. With the potential addition of a brewery, this new venture is sure to be an exciting addition to the LIC dining scene. Keep an eye out for updates from El Grupo SN and Nathan Leong as they work their magic!

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Victor Chung's profile picture
Victor Chung
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Licensed Realtor
Michael Wang's profile picture
Michael Wang
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Realtor
Project Queens's profile picture
Project Queens
Project Queens

Details

Deal Summary
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LEASED
IMAGE: Michael Wang DATE: 04/14/2021 ADDRESS: 5-14 51 Ave. MARKET: Long Island City ASSET TYPE: Retail TENANT: @SkyHighRealtyX BROKERS: Michael Wang (@MichaelWangNYC) & Victor Chung (@YourNYCAgent) - Project Queens ASKING RENT: $26.50.50/ft. ~ SF: 7,500 NOTE FROM BROKER: This is the original Alewife Brew Pub that was shut down in 2020 due to the pandemic and the opening of their new location in Sunnyside. El Grupo SN is working on a new concept for this 3 level, 7,500 SF restaurant and bar spot in the heart of LIC. Possible future brewery too?? 🍻 Stay tuned! El Grupo SN @ElGrupoSN @NathanLeongNYC will be the F&B operators. 👀

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Address5-14 51 Avenue

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