Nitehawk Cinema Owner Buys Bushwick Building for $4.75M to Rent Out - Bushwick - DNAinfo.com New York

BUSHWICK — The owner of popular Williamsburg movie-and-cocktail theater Nitehawk has made a real estate move in Bushwick — putting down $4.75 million for a property at 379 Suydam St. to rent out, according to city records.

Nitehawk Cinema owner Matthew Viragh, as Suydam 379 LLC, bought the 10,000-square-foot, one-story building last week, according to Department of Finance Records.

The property, which is zoned for commercial use, has been vacant and has the potential for a roof deck build out, according to a commercial real estate listing from RKF. It's close to Wyckoff Avenue and the growing nightlife area around the Jefferson Avenue L stop.

But Virgha said the property will not be for another location of Nitehawk Cinema. He's managing the building and is planning to rent it out, possibly for a brewery, he said.

Source: http://www.dnainfo.com/new-york/20150723/b...