Rare Earth Restaurant & Bar Listed For Sale

Rare Earth, the restaurant and bar that opened on Bergen Street just over four months ago, is listed for sale.

The restaurant, which is located at 440 Bergen Street just off of 5th Avenue, was opened by the same owners of Melt, which occupied this space before closing in September of 2013. After renovations, Rare Earth opened this summer, serving up dishes “inspired by nature,” plus cocktails and other drinks. But it seems not to have really caught on, and the times we’ve passed by recently it’s been pretty quiet — and now they appear to be calling it a day.

A listing notes the 1,800-square-foot space (which includes the basement) is available this month. They’re asking $375,000 in key money, with a rent of $8,000 per month, and you’ll get the remaining 9.5 years of the lease.

So is this just a tough location for a restaurant? Or do you think there’s something that could work in this space that just hasn’t been tried yet? What would you like to see here?