Sold

54 -56 Third Avenue

New York City NY, 10003

$12,000,000


Sold

Town House

Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market. Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market. Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market.

RPLU-63220254679

MLS ID

November 19, 2021

Listed

August 23, 2024

Updated

Map

54 -56 Third Avenue
New York City NY, 10003

Other Property Details

Garage

No


View

No


County

NewYork


Pool

No

Listed by Sungmee Kim with Brown Harris Stevens Residential Sales LLC
Listing Contact: (917) 496-9760 

The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 8/23/2024 at 5:05 PM UTC

 

Powered byLuxury Presence