Gowanus Lounge: Serving Brooklyn

Brooklyn Nibbles: Slope’s Olive Vine Little D for Sale Too

January 15th, 2009 · 9 Comments

While looking into Citadel Property Management‘s listing for Kitchen Bar, we also came across what looks like a “Reduced for Quick Sale!!” ad <strike>for the Mediterranean restaurant Olive Vine Cafe on 7th Avenue in the North Slope.</strike> Little D Eatery on  Seventh Avenue in the South Slope. According to their listing:

Turn-Key, Mediterranean-American Restaurant / Bar with outdoor garden for sale (Park Slope). Located on a busy strip in Park Slope known for its restaurant traffic, this 1000 sq ft establishment features a gorgeous 500 sq ft outdoor garden dining area. Turn-key, with a full liquor bar and fully transferable liquor license, the space is beautifully built out with simple yet classic décor. Dining area seats 35 with 7 at the bar, Garden seats 30. Kitchen is fully operational and prepared for service with 10 Vulcan Burners, Ansel Hood, Grills, Vulcan Convection oven, low-boy refrigeration. Full basement with prep area, liquor storage, walk-in-box and large office space. Restaurant has a huge neighborhood following and loyal customer base. This restaurant is located in a rapidly gentrifying family neighborhood and is priced to sell.

The asking price is $350,000 or the rent is $6,065 per month with a seven-year lease. The listing describes the restaurant as “Centrally Located, on a busy strip in Park Slope known for its restaurant traffic in a rapidly gentrifying family neighborhood.” In any case, this would be another blow to the Seventh Avenue businesses that have already seen their share of commercial establishments, new and old, go down the shitter in this economy.
E.C. Stephens

UPDATE: Thanks to our readers for pointing out the error. We apologize to Olive Vine and to our readers. The error was NOT made by E.C. Stephens, but by us while editing.

Tags: Brooklyn Nibbles · Park Slope

9 responses so far ↓

  • 1 Gari N. Corp // Jan 15, 2009 at 1:34 pm

    Yeah, hardly the sharpest tools in the box, are Citadel, but what do you expect from a two-bit outfit based in the East Village? I saw that listing too, although the 11215 zip code slightly threw me off.

  • 2 ChickenUnderwear // Jan 15, 2009 at 2:29 pm

    Why must the bad days come!

  • 3 Jack // Jan 15, 2009 at 2:30 pm

    Oh no. These guys were great. Unless they are planning on moving back to their original 6th Avenue location that was taken over by the failed Sadie Mae’s Cafe. That spot has been empty for years since the Olive Vine left and tons of people would be excited to see it come back.

    Heck, maybe they are even thinking of going to 5th Avenue? Just don’t go away!

  • 4 MA // Jan 15, 2009 at 2:33 pm

    Wrong restaurant. The picture and the description fit Little D, the restaurant on 7th Ave btw. 14th and 15th Streets. I believe the fact that that restaurant is on the market has been reported on before.

  • 5 Dan // Jan 15, 2009 at 3:17 pm

    I don’t get it- why is it calling itself Turn-Key? Also I don’t recall ever seeing a full bar at Olive Vine.

  • 6 ChickenUnderwear // Jan 15, 2009 at 4:16 pm

    Hay…. That’s not Olivevine.

  • 7 EC.Stephens // Jan 15, 2009 at 4:50 pm

    Sorry for the scare, looked like it, but the ad never released an address. So it’s maybe Little D, “MA”?

  • 8 joanne // Jan 16, 2009 at 11:50 am

    actually I think the price is $220,000… what a bummer

  • 9 John Koko // Dec 4, 2009 at 7:17 pm

    I am interested in acquiring Little D’s. Is there a respresentative that i can speak with to discuss this in further detail>

    John Koko