Sunset Park’s Rainbow Cafe Building Officially For Sale

As Best View in Brooklyn reported at the beginning of June, the Rainbow Cafe in Sunset Park closed after the passing of its owner. A reader now tells us the building is on the market, noting, that “it will be interesting to see who takes it over and if it will maintain its bar/restaurant status….Perhaps whoever takes it over will take the first jab at the Park-Slopification of Sunset Park.” The building, on 39th Street and 5th Avenue, is listed for $3,250,000. The old cafe space accounts for almost 4,000 square feet of the property, and, as the listing notes, it’s a “Sunset Park Neighborhood Landmark.”
Rainbow Cafe is Shuttered, For Now [Best View in Brooklyn]
3904 5th Avenue Listing [Loopnet] GMAP
Feb 02, 2012 | 12:31 PM