Active

3 E 52nd Street

New York NY, 10022

$15,000,000


Active

Commercial

Built in 1920

Calling all End Users, Restaurant Operators, Developers! Oxford Property Group, Creative Leasing Concepts & EXIT Realty Premier have been retained on an exclusive basis to arrange for the sale of 3 East 52nd St New York, NY 10022(the "Property") located off 5th Avenue. The Property, located within the Gold Coast of NYC Real Estate, has a rich history and is home to the iconic French Restaurant, La Grenouille which has been in business for over 60 years. The stunning restaurant building, which has repeatedly been named one of the most beautiful restaurants in the City has breath taking ceiling height, spans 6,200sf across 3 levels with an additional 625sf of mezzanine. The Property is located between 5th Avenue & Madison Avenue, the most impressive retail corridor in the world, attracting tourists from all over the globe. It is located 1 block north of St.Patrick's Cathedral, 2 blocks North East of Rockefeller Center and 7 blocks South of Central Park. It is next door to Salvatore Ferragamo, across the street from the famed Cartier Building and Olympic Tower Condominium's and around the corner from the newly developing Rolex headquarters. This is a once in a lifetime opportunity for End Users to purchase a building so deeply embedded in the history of New York City. The opportunity is waiting for another restaurateur or hospitality group to occupy a building that is move in ready and vented in one of the most sought after locations in the world. The property also comes with an additional 29,000+ sf of air rights giving developers the option to build a luxury Condo building, Hotel, Commercial Office or Townhouse on the site. The property is conveniently located to Grand Central Terminal, which is now open to the Long Island Railroad trains. Grand Central Terminal is the largest train station in the world, hosting 750,000 visitors per day. It is also easily accessible to the B, D, F, M, E, 4 & 6 subway lines

3539269

MLS ID

March 1, 2024

Listed

April 17, 2024

Updated

Map

3 E 52nd Street
New York NY, 10022

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$135,556


Tax Frequency

Annually


Garage

No


View

No


County

Manhattan


Pool

No

Listed by Joseph Caputo  with EXIT Realty Premier
Listing Contact: 516-795-1000 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ann Ferguson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 OneKey MLS. All rights reserved.    

Data last updated 3:43 AM UTC, 4/17/2024

  

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