$15,000,000
●
Commercial -
For Sale
3 E 52nd Street
New York, NY 10022
Studio
0 Bath
$84,949
Estimated Monthly
$0
HOA / Fees
-0.75%
Cap Rate
About This Property
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
Unit Size
-
Days on Market
57 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$11,296
HOA Dues
-
Year Built
1920
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3539269)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | Listed by EXIT Realty Premier | $15,000,000 | |
Listed by EXIT Realty Premier |
Property Highlights
Exterior Details
Property Information
Square Footage : 6825
Property Type: Commercial Sale
Property Sub Type: Retail
Year Built: 1920
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.06
Lot Size Square Feet: 2510
Lot Size Dimensions: 25x100.42
Financial Details
Tax Annual Amount: $135,556
Utilities Details
Sewer : Public Sewer
Location Details
County or Parish: Manhattan
Other Details
On Market Date: 2024-03-01
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
2
Beds
3
Baths
2,341 ft²
$6,408/ft²
$15,000,000
Dec 28, 2023
$15,000,000
Dec 28, 2023
$10,081/mo
Condo
4
Beds
3
Baths
4,064 ft²
$3,666/ft²
$14,900,000
Oct 12, 2017
$14,900,000
Apr 19, 2018
$10,757/mo
Condo
3
Beds
4
Baths
3,846 ft²
$3,912/ft²
$15,045,704
Jun 10, 2021
$15,045,704
Jul 31, 2021
$13,062/mo
Condo
3
Beds
5
Baths
3,416 ft²
$4,390/ft²
$14,995,000
Nov 20, 2017
$14,995,000
Sep 2, 2021
$11,578/mo
Sold
Condo
4
Beds
5
Baths
4,187 ft²
$3,618/ft²
$15,150,000
Sep 7, 2017
$15,150,000
Aug 22, 2018
$13,419/mo
In Contract
Condo
3
Beds
4
Baths
3,895 ft²
$3,846/ft²
$14,980,000
May 31, 2023
-
$17,201/mo
Active
Condo
4
Beds
4
Baths
4,220 ft²
$3,526/ft²
$14,880,000
Apr 5, 2021
-
$16,165/mo
Active
Condo
2
Beds
2
Baths
2,625 ft²
$5,714/ft²
$15,000,000
Feb 3, 2023
-
$14,958/mo
Active
Condo
3
Beds
5
Baths
4,003 ft²
$3,685/ft²
$14,750,000
May 13, 2022
-
$22,616/mo
Active
Condo
4
Beds
5
Baths
3,765 ft²
$4,077/ft²
$15,350,000
Mar 17, 2023
-
$15,448/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
3 East 52nd Street
3 East 52nd Street, New York, NY 10022
- 1 Units
- 1 Unit for Sale
About Midtown Manhattan
Similar Homes for Sale
$15,350,000
- 4 Beds
- 5 Baths
- 3,765 ft²
$14,750,000
- 3 Beds
- 5 Baths
- 4,003 ft²