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Tenant wanted at Triangle Sports building

The Triangle Sports Building at 182 Flatbush Ave. is on the rental market. Photo by Lore Croghan

 

Eye On Real Estate: Flatbush Avenue property's previous owner spurned Hooters, sold to other suitors

Brooklyn Daily Eagle

What comes next for the Triangle Sports Building, where Hooters got turned down before it was sold to a pair of investors who are both named Benjamin? A year later, it's still too soon to know.

“With certain trophy properties like this, there are some specific types of businesses that can afford it,” said David Rosenberg of brokerage RKF, who was hired in late summer to find a tenant for Triangle, which is at 182 Flatbush Ave. across from Barclays Center.

The wedge-shaped building has signage that's visible from three sides – which is factored into the rent. So it would work best for a big restaurateur with multiple operations or a retailer like Nike, Reebok or Puma, a tenant “that clearly has drawing power, puts a value on the branding opportunity and caters to the frequenters of the area,” he said.

The asking rent on the property, which is 6,111 square feet in size if you count the roof deck, is in the “general range” of $200 per square foot, he said. He's in talks with “various types of users.”

Triangle drew attention in 2012 when then-owner Henry Rosa revealed that Hooters wanted to move there. He spurned the beer and wings joint that's best known for scantily clad waitresses - and sold it for $4.1 million to Benjamin Stokes and Benjamin Bernstein of RedSky Capital.

Hooters has not been in touch with Rosenberg.

The fate of a second eye-catching property next to Barclays Center, the Bergen Tile Building, is also a work in progress. The Domansky family wanted to tear down the distinctive building at 215 Flatbush Ave. and construct a 53-unit apartment house –  but needed a variance so they wouldn't have to provide 26 parking spaces.

A demolition permit has been issued for the Bergen Tile Building at 215  Flatbush Ave. Photo by Lore Croghan

They've dropped that plan and are drawing up a new design for a residential building with retail space, Scott Domansky told the Brooklyn Daily Eagle. The city Buildings Department approved a full demolition permit last month for 215 Flatbush.

Domansky said the marketing campaign for the retail space in the planned project will start in second- or third-quarter 2014; the “For Rent” sign on the building is an old one.

Artsy graffiti on the Bergen Tile Building. Photo by Lore Croghan

This face decorates the side of the Bergen Tile Building. Photo by Lore  Croghan

November 27, 2013 - 3:00pm


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