245 E 53rd St, New York, NY 10022

Compass has been exclusively retained to facilitate the sale of the commercial retail condominium located on the ground and lower levels of 245 East 53rd Street in Manhattan, NY.

The subject property consists of approximately 1,800 square feet on the ground floor, along with 1,667 square feet on the lower level. The space is currently leased to the well-known restaurant concept MáLà Project through March 31, 2030.

This commercial condominium is positioned between Second and Third Avenues at the base of a recently developed boutique residential condominium in the highly regarded Sutton Place neighborhood of Manhattan.

East 53rd Street is widely recognized as “Restaurant Row” of Midtown East, featuring a strong concentration of established food and beverage operators along the corridor.

Please inquire for additional financial details.