Real Estate

Former East Village home of Two Boots founders is getting flipped

This 25-foot-wide, five-story East Village townhouse runs a spacious 7,275 square feet and comes with handsome exposed brick details. But this property, at 113 E. Second St., was also in the middle of a bitter divorce between the founders of the popular pizza chain Two Boots, and it’s now on the market for $8.5 million with its new owner looking to flip.

Formerly co-owned by Phil Hartman and Doris Kornish, who filed for divorce in 2005, the townhouse is located around the corner from the original Two Boots location at 37 Ave. A, which debuted in 1987.

But in 2008, when the couple finalized their divorce, Hartman claimed Kornish allegedly broke a deal to sell the home so they could split the profit, which she denied. Kornish wouldn’t leave, and in the summer of 2017, the property — in chapter 11 — was shopped in bankruptcy to pay off over $5 million in debt and prevent a foreclosure sale. That fall, after Hartman filed suit, Kornish left the home.

“I have done so much work in my home to make it my home,” Kornish told the Wall Street Journal in 2017 — adding that, one day, she had planned to pass it down to her children.

In the fall of 2017, the building hit the market for $10.5 million, but was taken off the market in early 2018 after lowering the price to $9.35 million. In February, it sold to an entity named 180 Source Realty LLC for $7.4 million in a bankruptcy auction, according to the Real Deal.

The two-family property is now being marketed with flexible use — a single-family conversion, a condo conversion, an investment, or a live-work space. There’s an upper quadruplex with seven bedrooms and five bathrooms; a parlor-level unit has one bedroom and two bathrooms. Listing images show fireplaces, a chef-grade kitchen and ceilings with exposed wood beams.

Ravi Kantha and Matthew Lesser of Leslie J. Garfield have the listing.

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