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244 E 53rd St
New York, NY 10022 Midtown East

$6,750,000 USD

Storefront Retail Residential For Sale  •  6,358 SF

Property Details

• Property Type Storefront Retail Residential
• Total Building Size 6,358 SF
• Lot Size 0.04 AC
• Building Class C
• Year Built 1900
• Cap Rate 5.40 %
• Tenancy Multiple
• Zoning R8B

100 Transit Score

100 Walk Score

Highlights

2019 Gut Renovation | 2 FM Units & Bi-Level Retail Space

High-End Condo Quality Finishes Throughout

Turn-Key Restaurant Space | Two Separate Entrances

Rear Outdoor Seating | 4AM Liquor License Included

Property Flyers

244 East 53rd Street, Midtown East-OM_7.6.26

Cap Rate:

5.40 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Tacovision

Amenities

• 24 Hour Access
• Mezzanine
• Restaurant
• Signage
• Skylights
• Roof Terrace
• Air Conditioning
• Balcony

Public Transportation

Commuter Rail	Drive	Walk	Distance
	2 min	11 min	0.6 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	3 min	15 min	0.8 mi
Transit/Subway	Drive	Walk	Distance
Lexington Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
51 Street (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
5 Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	9 min	0.5 mi
59 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway))	2 min	10 min	0.5 mi
Lexington Avenue-59 Street (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	2 min	10 min	0.5 mi
Airport	Drive	Walk	Distance
LaGuardia	16 min	-	6.6 mi
Newark Liberty International	23 min	-	15.4 mi
John F Kennedy International	29 min	-	16.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes