57 E 55th St - Specialty FOR SALE


New York, NY 10022- Midtown East
$21,900,000 USD
516-754-8298
57 E 55th St, New York, NY for Sale
$21,900,000 USD
Specialty - FOR SALE
1/10
null | Request Cap Rate

57 E 55th St
New York, NY 10022
Midtown East


OVERVIEW

BKREA has been retained on an exclusive basis to arrange for the sale of 57 East 55th Street (“The Property”). This historic limestone building, known as The Friars Club, spans 14,541 square feet across five floors and features 33 feet of frontage. For over a century, The Friars Club served as a hub for legendary entertainers and industry professionals. It stands as one of New York’s most significant cultural institutions, having played a pivotal role in shaping entertainment history. Countless entertainment icons have called the club their own, including Frank Sinatra, Jerry Lewis, Dean Martin, Milton Berle, and Johnny Carson. The Friars Club presents a once-in-alifetime opportunity to own a piece of New York City’s cultural and architectural history. The Property is in the heart of Midtown Manhattan, one of the City’s most prestigious locations. It stands two blocks from the 53rd Street E and M Trains, three blocks from the 4, 5, 6 trains at Lexington and 59th Street.The Friars Club sits in one of the world's most prestigious shopping districts, featuring the flagship locations for Louis Vuitton, Gucci, Prada, and Tiffany & Co. Additionally, The Friars Club is surrounded by some of Manhattan’s most acclaimed restaurants and cultural institutions ranging from the upscale Greek seafood restaurant, Avra and The Modern which features contemporary American cuisine at the Museum of Modern Art (MoMa). Whether continuing its legacy as a private club, a high-end restaurant and fine dining establishment, or a combination of both. It can also be reimagined as an opulent single-family mansion, or converted into a consulate or embassy; this property offers unmatched potential and flexibility in one of the world’s most prestigious neighborhoods.

FOR SALE DETAILS

PRICE

$21,900,000 USD

PRICE/SF

$1,506 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,294 SF

ZONING

C5-2.5

APN/PARCEL ID

1291-0127

ASK ABOUT THIS PROPERTY

Tom BradyBKREAMore Info
516-754-8298

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Tom BradyBKREAMore Info
516-754-8298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.