According to Rachel at DNA info, it sounds like an investor bought the property with the intention to build on it. I assume that they hope to build on the adjacent vacant lot as well? The owner probably made a significant profit, given that he originally purchased the property for 389k.
"This coffee, bagel and sandwich spot located in the first floor of a house just off Franklin Avenue sold its last lunches last week, said co-owner James Payoute, who said he sold the building to “an investor” who may build a new building on the site. However, no building plans or permit applications have been filed for that property with the Department of Buildings.
Payoute bought the building for $389,000 in 2003, according to property records, but it is unclear how much it was sold for. "