3 E 52nd Street
New York, NY, 10022 $ 15,000,000
Baths0.0 Sq 2,510 Monthly Estimate*
$ 104,779
Studio Commercial Property for sale in New York, NY
for $15,000,000. This 2,510 square foot building was built in 1920 on a lot size of 0.06.
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
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List ByJoseph CaputoListing Agent
Exit Realty PremierBroker
JosephCexitpremier@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $104,779
- Monthly Property Taxes
- $11,296
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Manhattan, NY
Average List Price $2,043,820
Percent of Sale Price 86%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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3/21/2024 | $15,000,000 | | Listed Price |