That’s amore: Closed-down cabaret’s building for sale in Red Hook
Eye On Real Estate: Con Amore Cabaret site draws big interest from artsy types, industrial businesses
The new cabaret at 18 Commerce St. was too highbrow to have strippers. It lasted about a nanosecond.
Instead of seeking a new tenant, landlord Salvatore Reale decided to sell the 11,200-square-foot, five-building Red Hook complex where Con Amore Cabaret had been located.
The property has gotten looks – and some purchase offers – from creative types as well as traditional Red Hook industrial tenants, said Dan Marks, vice president of investment sales at Terra CRG, which is handling the marketing of 12-18 Commerce St.
These include artists who would use vacant 6,000-square-foot 18 Commerce for studios and galleries, a couple architecture firms that want new offices, a catering company, a commercial recording studio – and contractors and woodworking business as well.
In addition to getting work space, the purchaser will get a rental-income stream from tenants in the other buildings in the complex, which include music studios, offices and storage space.
The asking price is $1.85 million. Reale’s company 18 Commerce Street Realty Co. has owned the buildings since 1980, city property records indicate.
Red Hook’s real estate market has bounced back since Hurricane Sandy – though prospective buyers talk about it during property showings.
“At first, people ran away from a lot of deals – but that’s over,” Marks said.
Con Amore co-owner Cynthia Thomas-Dicks did not respond to queries about why her business closed. The Paris Burlesque Club, which preceded Con Amore as a tenant, was a pole dancers’ paradise.
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