3 E 52nd Street

Commercial For Sale  • 
Midtown South
Web ID # 3539269 (720338) MLS

$ 15,000,000

6,825 ft2  
Tax (Annually): $135,556
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
Stories: 3
Lot Size: 25x100.42

UTILITIES

Sewer:  Public Sewer

LOT FEATURES

Lot Size Source:  Other
Lot Dimension:  25x100.42
Zoning:  C5-3C5-2.5
Lot Size (Acres):  0.06
Lot Size (Sq. Ft.):  2, 510

STRUCTURAL INFORMATION

Property Attached 
Year Built:  1920
Sq. Ft. Source 
Square Feet 

DISCLOSURES AND REPORTS

Inclusions 
Parcel Number:  1288-0006
TaxMap Number 
Ownership 
Buyer's Brokerage Compensation 

Courtesy Of EXIT Realty Premier

Contact Agent


Estimated Monthly Costs


$75,848
Est. Mortgage
$11,296
Real Estate Tax
$87,144
Monthly Total*
* The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
Reset


Loading Map...

Nearby Subways

  • E M 5th Ave & 53rd St (~0.04 mile)
  • B D F M 6th Ave & 50th St (~0.24 mile)
  • E M 6 Lexington Ave & 51st St (~0.24 mile)
  • B D F M 7 6th Ave & 49th St (~0.28 mile)
  • F 6th Ave & 56th St (~0.28 mile)


IDX Information

IDX information is provided exclusively for consumers' personal, non-commercial use. This information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.