Giddyup: $8.5 Million for the Horsemen
If memory serves, the owner of The Horsemen Antiques on Atlantic near the corner of Hoyt has been threatening to sell his building or go out of business for quite a long time. Today, though, the Eagle has a story about the owner “has placed his four-story, 18,000-square-foot building on the market. The asking price…
If memory serves, the owner of The Horsemen Antiques on Atlantic near the corner of Hoyt has been threatening to sell his building or go out of business for quite a long time. Today, though, the Eagle has a story about the owner “has placed his four-story, 18,000-square-foot building on the market. The asking price is $8.5 million, according to Eastern Consolidated, the firm representing the owner. And the firm’s Geoffrey Rand and Paul Nigido say they believe the property will sell in that range.” The article makes note of some of the bigger retail openings nearby in the past few years, like Urban Outfitters and Barney’s Co-op, and the broker says he’s looking for buyers “that fit the profile of existing stores on the avenue, but larger scale, both in the clothing and furniture sectors. This is the only available building on the block that can accommodate a large scale, high-end retailer.” It will be very interesting to see if this building finally does sell. And can this stretch still really be referred to as Antiques Row?
‘Antiques Row’ Building on Market for $8.5M [Eagle]
Atlantic’s Antique Row Heading Towards Obsolescence? [Brownstoner] GMAP
Photo from Property Shark.
I went to this stretch a few weekends ago excited to shop to furnish our new place. What a dissappointing bunch of junk!
I used to love shopping on Atlantic Ave when all the antiques stores were there. I found some great treasures in some of the dumpiest looking stores. One guy had a place that looked like a fire trap with junk- real junk- piled up high but we worked our way into the back and suddenly came came upon the hugest, most ornate Victorian bedroom set I have ever seen, with dressers an armoire, nightstands and a bed. They were gorgeous- I have no idea where this guy got them from or how he even got the set into the store.
$480 a foot on atlantic avenue? that price is rarely achieved in lower manhattan…. not likely
this is not a location for a large clothing retailer
urban out is struggling and barneys will take a while to get their footing
fantasy island
This guy was an asshole but I did buy a really nice cast iron Victorian bench for my yard from them and they delivered it. There is just one reelly good antique shop left…Circa. i think the two old queens who had the really high priced stuff across the street from Circa have closed as well as a guy who had nice stuff and was a few doors down from Circa. And by “antiques,” I mean Victorian furniture.
true Bob, and the people there are such assholes.
Since 1995? No, a LOT longer. My wife and I went there in the early ’70s to inquire about some stained glass that was on display. We were told it wasn’t for sale because they were waiting for prices to go up. AFAIK it’s still there.
IMO the smart antique dealers are the ones who sell fast for a modest mark up and use the proceeds to buy more stock, Then there are the ones who hold onto stuff forever, waiting for prices to rise.
My wife and I went to ‘antique row’ last month looking for some furniture that we could refinish for our place. I couldn’t believe the prices. 99% of those ‘antiques’ could be found at garage sales or thrift stores for a fraction of the cost.
Are New Yorkers really that stupid with their money to keep these places in business?
horseman has had the same dusty crap sitting there since 1995. i never understood how they stayed in business.
“can this stretch still really be referred to as Antiques Row?”
Less and less, although the horseman is such a strange antique shop that it’s closing wouldn’t be much of a loss.I really do miss Time Traders, which was replaced by a trendy bar. At least Atlantic Ave. is in better shape than Coney Island Avenue, which used to be Brooklyn’s other antiques row.