Check Availability
$15,000,000
Commercial - For Sale

3 E 52nd Street

New York, NY 10022
bedrooms
Studio
bathrooms
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$16,000,000 Jun 3, 2015
$16,000,000 Jun 3, 2015
-
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
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
Condo
4 Beds
4 Baths
-
$15,000,000 Jul 12, 2022
-
$8,010/mo
Condo
3 Beds
4 Baths
3,895 ft²
$3,846/ft²
$14,980,000 May 31, 2023
-
$17,201/mo
Condo
4 Beds
4 Baths
4,220 ft²
$3,526/ft²
$14,880,000 Apr 5, 2021
-
$16,165/mo
Condo
2 Beds
2 Baths
2,625 ft²
$5,714/ft²
$15,000,000 Feb 3, 2023
-
$14,958/mo
Condo
3 Beds
5 Baths
4,003 ft²
$3,685/ft²
$14,750,000 May 13, 2022
-
$22,616/mo
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
More about this Building
3 East 52nd Street
Want to find out who owns 3 East 52nd Street, New York, NY 10022? Get detailed property transactions here .

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