International Cyber Sensation Wanyoo Cafe Opening in Historic Hamilton-Holly House in the East Village
NEW YORK, NY — February 16, 2018 — Alexander Hamilton was a Founding Father, Secretary of the Treasury, and most recently the toast of Broadway. Now his son’s former home at 4 St. Mark’s Place in the East Village will be transformed into an international cyber sensation called Wanyoo Café.
James Famularo, Senior Director and Principal at Eastern Consolidated, represented the landlord in arranging the 20-year lease for the fully renovated space, which includes 2,600 square feet on the ground floor and a 1,400-square-foot basement. Tito Ghose of Halstead Commercial Property represented Wanyoo Café.
“Wanyoo Café is a Shanghai-based international cyber café chain that will offer an internet café and electronic sports stations for gamers at the St. Mark’s site,” Famularo said. “The chain, which was founded in 1998, recently opened a location in Flushing and currently has over 850 cyber cafes in over 100 cities around the world including the United States, Australia, and Canada.”
The history of 4 St. Mark’s Place, known as the Hamilton-Holly house, is significant because the property’s first residents were members of Alexander Hamilton’s family. Hamilton’s son, Col. Alexander Hamilton, bought the townhouse in 1833 and shared it with his wife, Eliza, his widowed mother, Elizabeth Schuyler Hamilton, her daughter Eliza Hamilton Holly, and son-in-law Sidney.
Eastern Consolidated arranged the sale of 4 St. Mark’s Place several years ago and the new owner completely gutted the building’s interior and rebuilt it. The ground floor/basement retail space is ideal for a cyber café because it’s located on a block with significant foot traffic and is surrounded by major colleges and universities where nearly 55,000 students attend classes.
The St. John’s University campus is in a newly constructed 400,000-square-foot mixed-use office and retail development at 51 Astor Place that is anchored by TAMI and financial services tenants. In addition, Cooper Union has constructed a state-of-the-art engineering building, which includes a prominent retail space at the northeast corner of East 6th Street, and a new 17-story dormitory built on the east side of Third Avenue between St. Mark’s Place and Stuyvesant Street. New York University and the New School are a few blocks from the property.
Famularo noted that his team has been very active on St. Mark’s Place, having arranged retail leases for Mamoun’s and Caffé Bene and other projects on the block.
The Hamilton-Holly House is one of the rare surviving and significantly intact large Manhattan townhouses of the Federal period. It was designated a New York City landmark in 2004. In the 1950s and 1960s, many cutting-edge performance art venues were located at 4 St. Mark’s Place such as the Bridge Theater, which hosted the likes of Yoko Ono, The Fugs, and the Bread and Puppet Theater.
Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.com and follow us on Twitter@EasternConsol.
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