Classic Greenpoint Diner Manhattan Three Decker Listed for Sale
No closing date for the restaurant has been announced (Greenpointers is in the process of reaching out to the owners), but the writing is certainly on the wall for Three Decker fans to relive their memories while the diner still graces the corner of Manhattan and Norman Avenues in its current incarnation.
A longterm lease with an asking price of $598,00 for the restaurant portion of 695 Manhattan Ave. is being sought, according to an online listing by Signature Premier Properties.
Manhattan Three Decker, like Peter Pan Donuts just up the avenue, is the type of place where you can spot both lifetime Greenpointers and newer residents enjoying affordable breakfast staples during all hours of the day.
Eater NY listed the Greenpoint diner as one of “New York’s Most Iconic Diners” in 2013, alongside Tom’s in Morningside Heights of “Seinfeld” fame.
A sample expense sheet from the broker states that business is currently profitable with an annual net income of $327,600 after expenses.
The ad for the diner at 695 Manhattan Ave. describes a “turn-key” opportunity, indicating that the landlord is seeking another restaurant to take over the space:
THIS IS AN ICONIC GREENPOINT INSTITUTION, IN BUSINESS CONTINUOUSLY SINCE THE 1930’s! OWN THIS PIECE OF HISTORY TODAY! THE DINER IS VERY SUCCESSFUL AND 100% TURN KEY! VERY LONG LEASE BEING OFFERED!
The last year has brought with it a number of closings for beloved small businesses in Greenpoint and Williamsburg including Enid’s (560 Manhattan Ave.), Natural Garden Market (750 Manhattan Ave.), Petland Discounts (846 Manhattan Ave.), Bakery Rzeszowska (948 Manhattan Ave.), American Deli Market (97 Franklin St.), Brooklyn Bazaar (150 Greenpoint Ave.), Videology (308 Bedford Ave.), Mugs Alehouse (125 Bedford Ave.), and Rosemary’s Greenpoint Tavern (188 Bedford Ave.).
We will provide more details on Manhattan Three Decker as they become available.
In the meantime stop by while the dollar coffe is still brewing; the hours of the diner are Mon. – Sat. 6am – 9pm, and Sun. 7am – 9pm.