Wednesday January 08, 2025

East 53rd Street Retail Space for Sale

Midtown East

LISTING DETAILS FOR East 53rd Street Retail Space for Sale

Unit Size 24689 SQ. FT
Type Sale
Price $25,997,517

DESCRIPTION

Located in the prestigious heart of Manhattan’s Plaza District, 12 East 53rd Street is a six-story architectural masterpiece offering unparalleled potential for commercial, residential, retail, or mixed-use development. Originally built in 1871 and fully renovated in 2007, this landmarked property spans 24,689 square feet and features a harmonious blend of historic elegance and modern functionality. The building stands as a testament to the craftsmanship of Griffith Thomas, one of the most renowned architects of his era.

Interior Features

Upon entry, visitors are greeted by a grand and meticulously maintained lobby. The interiors are a blend of painted sheetrock and exposed brick walls, offering a versatile aesthetic suitable for various uses. High ceilings and abundant natural light enhance the sense of openness, while central air conditioning ensures a comfortable environment year-round. A state-of-the-art elevator system and two staircases provide seamless access to all floors, including the basement.

Each level has been thoughtfully designed to maximize utility and flexibility. The layouts include large open areas complemented by private offices, meeting rooms, and potential classroom or event spaces. A skylight installed in 2015 floods the upper floors with natural light, creating an inspiring atmosphere for work or study.

Historical Significance

Known as the Fisk-Harkness House, this property carries a rich legacy. It has hosted prominent figures and organizations, including Harvey Edward Fisk and the Automobile Club of America. Its landmarked status preserves its historical importance, ensuring its unique architectural details remain a cherished part of New York City’s heritage.

Zoning and Usage

Situated in the flexible C5-2.5 zoning district, the property is approved for a wide range of uses, including residential, office, retail, hospitality, and even some manufacturing. This versatility makes it an ideal investment for developers or businesses seeking a blank canvas to create their vision in one of the city’s most coveted locations.

Location Highlights

The property is steps from Fifth Avenue, Billionaire’s Row, and iconic landmarks such as Rockefeller Center, St. Patrick’s Cathedral, and Central Park. It is surrounded by world-class dining, luxury retail, and the offices of Fortune 500 companies. Excellent transit accessibility includes proximity to multiple subway lines and quick connections to JFK and LaGuardia Airports.

Summary

12 East 53rd Street represents a rare opportunity to own a piece of Manhattan history while enjoying the benefits of a fully modernized building. Its prime location, landmark status, and flexible zoning make it a compelling choice for a range of high-value uses, whether as a corporate headquarters, upscale residence, or boutique retail space. With its combination of historic charm and modern amenities, this property is poised to elevate any portfolio.

Space Features:

  • Prime Plaza District location
  • Landmark building with historic charm
  • Six stories with 24,689 SF of space
  • Flexible zoning for commercial, residential, or retail use
  • Recently renovated with modern systems and elevator
  • Skylight for natural light on upper floors
  • Blend of open spaces and private offices
  • Steps from Fifth Avenue and major landmarks
  • Close to multiple subway lines and airports
  • Rare investment opportunity in Manhattan
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