Neptune Diner, which has been located at 31-05 31st St. in Astoria for 30 years, is officially on sale.
Eastern Consolidated, a real-estate investment firm, has the site listed on sale for $10.5 million, the Queens Gazette reported. There have been multiple rumors throughout the years that the site was for sale, but owners have denied it.
When QNS called the diner and asked to speak to the owner — which is listed as Peter Katsihtis in some Department of Buildings documents and George Katsihtis in other documents — a person who was identified as the owner said that “it’s not on sale, ma’am,” and hung up the phone.
According to the listing, the site is 44,432 square feet and Eastern Consolidated touts the diner’s proximity to the N/W Astoria Boulevard station. It consists of three lots and is within a C4-3 zoning district, which will allow buyers to build a variety of residential, retail, commercial and community facility spaces as-of-right.
The diner’s lease ends on Aug. 31, 2019 and there are no extension options, according to the listing.
12 comments:
Ah Astoria!
Where politicians are revered and respected as demi-gods for they smile and hand out money to schools and show up in staged pictures with little kids and old ladies.
Time stands still. A community forever caught in 1970.
Who cares, no parking there anyway. If someone wants to live next to a noisy highway and train station, go ahead. Eventually a place like that is not desirable and that is how slums start.
re: noisy highway
Apparently there is a market for this going by the luxury tower pestilence by the holland tunnel.
They should build a supermarket in that spot like an ALDI.
Used to have the top rated cheese cake in the city. Oh well...."underutilized" space in a densely zoned nabe. More to come soon.
The original deal as told first-hand to me in late 2015 was to include the Staples site in a package.
The current diner lease holder was to get a total of $5Mn to give up the remainder of his lease.
That was probably too rich for the area.
I've heard the Georgia is up for sale as well.
September 1 2019....Boom! Max height apt. building.
All diners represent underutilized space and will be gone. LOL! Where is Michael Perlman the champion diner saver? If saving diners means moving them out west, then he's the champ!
Yeah too "old school" America for the area, and that ugly European looking facade isnt helping them much also in the Astoria of 2017
2:The older clients have moved on to assisted living cemetery and perhaps the biggest factor was gentrification. 2 These hipshitz, and European hillbillys parachuting into Astoria dont like American style dining.
Believe it or not hipshitz are quite diet savoy, they dont eat cheesecake, french frys and all the other cholesterol & sugar loaded diner crap money makers.
Diners can no longer make the income VS principal, salary, insurance, rent ratio
All diners represent underutilized space and will be gone. LOL! Where is Michael Perlman the champion diner saver? If saving diners means moving them out west, then he's the champ!
Perlman has made another Facebook chat area and is making new friends about this as we speak. maybe he can get a wall to paint some 'history' Astoria, Central Queens, the South Bronx and East New York are laces known for that.
Who cares? Small news!
Wondering when Kanes diner on
College Point Blvd. in Flushing will get torn
down. That spot is a developer's gold mine.
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