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Mixed-Use Property with Restaurant Tenancy
For Sale
Contact for pricing
Pending

236-238 E 53rd St, New York, NY 10022

R8B-zoned Midtown East building with restaurant and entertainment uses, commercial and residential permissions, and nearby public transportation.

Property Size12,624 SF
Lot Size0.09 Acres
Days on Market142

Property Features for 236-238 E 53rd St

General Information

Standard status Pending
Size 12,624 SF
Lot size 0.09 Acres
Property subtype Mixed Use
Zoning R8B

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Cushman & Wakefield New York
Listed By: John Ciraulo · License #NY 10301211304
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

This mixed-use building contains approximately 12,624 SF across a ground-floor restaurant and upper-level entertainment space. The ground floor is occupied by the Peking Duck house, while a Japanese Karaoke Bar operates on the upper floors. The property has no residential occupancy.

Situated on East 53rd Street between Second and Third Avenues, the site is within Midtown East’s restaurant district. Public transportation is available near the Lexington Avenue/53rd Street station, served by the E and F trains, with the Lexington Avenue/51st Street 6 train stop also within walking distance. Grand Central is approximately a 10-minute walk away.

The 40’ × 100.42’ lot is zoned R8B, allowing a maximum ZFA of 16,000 SF. Residential and commercial uses are permitted.

Key Highlights

  • 40’ × 100.42’ lot with an approximately 12,624 SF building
  • Ground‑floor occupancy by the Peking Duck house
  • Japanese Karaoke Bar occupies the upper floors

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

49,964
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - R8B-zoned Midtown East building with restaurant and entertainment uses, commercial and residential permissions, and nearby public transportation.
Where is this mixed-use property located?
The property is located at 236-238 E 53rd St New York, NY.
What are key features of this property?
This property features: 40’ × 100.42’ lot with an approximately 12,624 SF building; Ground‑floor occupancy by the Peking Duck house; Japanese Karaoke Bar occupies the upper floors
(212) 660-7744 Call to check price and availability
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