244 East 53rd Street, New York City, NY 10022

Cushman and Wakefield has been exclusively retained to offer a very rare and unique opportunity to acquire

the 100% fee simple interest in 244 East 53rd Street (“The Property”) in Midtown East, Manhattan. The Property

underwent a complete renovation in 2019 and an additional story was added, creating a state-of-the-art mixeduse

asset. The basement, first floor, and 2nd floor are built as restaurant space and the upper two floors plus

mezzanine are luxury rental apartments. The property is 6,358 square feet above grade and 8,209 square feet

including the basement.

The building is situated in Midtown East’s restaurant row on 53rd Street between 3rd Avenue and 2nd Avenue,

which is nestled between the commercial office district on Park Avenue/Third Avenue and the residential

neighborhoods to the East. Restaurants in the area benefit from three major demand drivers: the residential

community, the United Nations community, and the massive influx of office works during the week. The E, M,

and 6 subway lines are conveniently located on the block, at the corner of 53rd and 3rd.

244 East 53rd Street is by far the most attractive building on the block and features the newest construction,

mechanicals, and architecture compared to other buildings in the neighborhood. The party walls were the

only thing kept during the renovation. The electrical, plumbing, and heating/cooling systems have all been

completely replaced, meeting the highest standards.

The property is being delivered with all Furniture, Fixtures, and Equipment (FF&E).