Bradley Cooper's restaurant gets new landlord in NYC

Bradley Cooper’s cheesesteak restaurant in New York City has a new landlord. Alchemy Ventures bought the building at 151 Avenue A for $10.75 million. This five-story building also has apartments above the popular takeout spot Danny & Coop's. Danny & Coop's opened in December and has quickly become a favorite for cheesesteak lovers. The restaurant offers one item—a cheesesteak sandwich priced at $17.45. Since its opening, it has attracted long lines of customers eager to try the food. Many have waited more than 30 minutes just to get in and place their orders. Despite the change in ownership, the restaurant is secure for now. It has a five-year lease with an option for another five years. Alchemy Ventures expressed excitement about having Cooper as a tenant. The restaurant has received high praise, with an average rating of 4.3 stars on Yelp. Alchemy Ventures specializes in small properties and has been expanding its reach in New York City. Areas of interest include residential and mixed-use buildings. The company's vision aligns with acquiring high-quality properties. The recent purchase was facilitated by real estate brokers from Marcus & Millichap.