Thor Equities Posts Eldorado Bumper Cars Building For Rent
@Thor Equities
According to Thor Equities website the building where the Eldorado Bumper Cars is located is available for rent. A rendering of 1218 Surf Ave. (it’s actually 1216) shows the possiblity of a restaurant (most likely chain) and the required arcade.
The 40+ year old Eldorado Bumper Cars and Bowery Aracade was saved from eviction just a few years back.
With it’s state of the art sound system and 70’s era dance floor lights the Eldorado has attracted such guests as Liza Minelli and Beyonce who taped a music video there which was released in 2013.
Here’s the listing:
UNPARALLELED LOCATION
Coney Island amusement is always an exciting venture for any retailer. Located just steps from the boardwalk, this property, also called The Eldorado Building, offers convenience while putting your brand in the spotlight with unparalleled presence.
HEAVILY TRAFFICKED SHOPPING DISTRICT
Situated on the premier corner of Surf Avenue and Bowery, 1218 Surf Ave. is a prime retail market for tourists. Coney Island is one of the most historic neighborhood getaways of New York City, making it the ideal place for retail development.
EXCELLENT RETAIL OPPORTUNITY
1218 Surf Ave. offers an unbeatable opportunity with 10,000 SF of retail space, and 50 feet of frontage on both Surf Avenue and Bowery. With entrances on two of the best and busiest streets in Coney Island, your brand will be exposed to millions of Coney Island visitors every year.
Not new. Been listed there on the site for years. Since Thor bought it.
The listing was taken down for a while. It was recently reposted.
I saw the exact same listing there a few months ago. I also saw it years ago when they bought it.
Now that the summer months are approaching it looks like they are agressively marketing the property once again. The Grashorn Building listing was taken down. I was told that they are leasing Smorgasburg’s Shipping Containers this season on W.12 and Surf. Most likely a hotel will eventually be rising at that location. Soon W.12th will have a total makeover.
Definitely needs hotels but I am skeptical that it will be anytime soon. Also needs a movie theater. Ecstatic about the Amphitheater this year and the New Aquarium next year. Schron’s shopping mall on Neptune will be a welcome year round addition. In actuality that shopping mall is most important. Nothing else in progress has that type of potential for extensive year round economic activity. Probably 2 years away. Will likely be developed in stages.