The 24-hour spot has been feeding hungry Brooklynites buttermilk pancakes and grilled cheeses on the corner Metropolitan and Union Avenues of since 1928. And sadly, after nearly a century of service, the iconic Kellogg’s Diner is up for sale, first reported Eater.
The asking price is starting at a whopping $2.5 million for the 6,000-square-foot retail space. The buyer would adopt the diner’s liquor license and a 30-year lease that’s set to begin on June 1, 2023. But don’t worry, the diner will stay open to customers throughout the sale, according to what Victor Moneypenny, a broker with the real estate agency responsible for the sale, told Eater.
Irene Siderakis is the current owner of Kellogg’s Diner. She took over operations after her husband had unexpectedly passed in 2018.
Kellogg’s Diner has faced a multitude of financial struggles in recent years, what with pandemic dining limitations and previous bankruptcy scares.
According to Eater, Siderakis filed for Chapter 11 bankruptcy in the summer of 2021 after owing creditors around $750,000. The diner filed for bankruptcy again, this time under Chapter 7, earlier in the year and even closed down for a few weeks before reopening in February.
A GoFundMe page was created years ago to help keep the business afloat. Yet, in the end, it wasn’t enough to keep the doors open.
Kellogg’s Diner is most recognizable for its neon-lit exterior, and has even appeared in HBO’s Girls.
As of now, no notice has been posted on any of the diner’s social media pages.
The news follows another recent bankruptcy announcement for Bed Bath & Beyond that will be responsible for closing all NYC retail locations by the summer.