Descripción del activo
JLL has been retained on an exclusive basis to arrange for the sale
of 12 East 53rd Street, Manhattan, New York 10022 (the “Property”).
The six-story landmark commercial townhouse, plus basement,
on the south side of East 53rd Street between Fifth and Madison
Avenues in Midtown East, is unrivaled in stature and history.
Constructed in 1871, and also known as the “Fisk-Harkness
House”, the Tudor-inspired Gothic Revival style was redesigned
by Raleigh C. Gildersleeve in 1906. The C5-2.5 zoned commercial
Property has approximately 25,000 rentable square feet and was
most recently home to the Laboratory Institute of Merchandising
College (LIM College). The building consists of a lobby welcome
center and several reception areas, various class and meeting
rooms, student lounges, executive offices (former home of the
LIM College President’s office), and an oversize conference
hall and full basement. Past historical events include a League
of Nations luncheon and owners such as Proctor & Company,
cousin of Standard Oil executive William Harkness, and the
Automobile Club of America.
The Property was recently vacated by LIM College and will
be delivered free and clear of all tenancies. The building
presents an extremely rare opportunity to own a commercial
townhouse on a preeminent block tucked between Madison
and Fifth Avenues steps from all New York has to offer. The
building features high ceilings, intricate woodwork and historic
characteristics creating a bucolic feel in the pulsing veins of
the Financial Capital of the World. Recent modern installations
and building system updates produce a unique highly soughtafter
combination of charm and sophistication.
On the south side of East 53rd Street, between Fifth and Madison
Avenues in the heart of the Plaza District, the iconic landmarks
of St. Patrick’s Cathedral, Rockefeller Center and Central Park
are all a few minutes’ walk from the front door of 12 East 53rd
Street. The Property is nestled along Fifth Avenue, one of
the world’s most coveted retail corridors, which can receive
up to 30,000+ pedestrians per hour during peak holiday traffic.
Premier retailers among the likes of Apple, Armani, Bergdorf
Goodman, BVLGARI, Louis Vuitton, Tiffany & Co., Saks Fifth
Avenue, UNIQLO and Zara, among countless others, flood the
Fifth Avenue streetscape with energy and color. Transportation
opportunity also lies abundant with the E M trains located a
minute from the Property at the corner of Fifth Avenue and 53rd
Street, and the 4 5 6 B D F M 1 2 3 situated all within
a short walk.
Atributos
Medios
Aspectos destacados de la inversión
- User Potential - Endless possibilities include a Private Club, Office, School, Embassy, Medical, or Church among countless others.
- Residential Townhouse Potential - This landmark maintains a traditional feel with modern features ideal for any user to develop their ideal residential townhouse.
- Historical Building - The property was originally built in 1871 then altered in 1906 with an asymmetrical neo-Tudor Gothic style limestone façade. The property has been home to art galleries, antique dealers, and exclusive clubs.
- Newly Renovated Building Systems - Newly renovated elevator cab and building wide systems allow for new ownership to cosmetically renovate without requiring major capital expenditures.
- Ideal Plaza District Location - Centrally located in the heart of one of Manhattan’s highest end corridors. 12 East 53rd Street has direct access to premier shopping, restaurants and tourist attractions such as Central Park and the Plaza Hotel.
- Excellent Connectivity - The property is located on a block that serves the E M trains. The 4 5 6 B D F M 1 2 3 are within a 5 minute walk.