Manhattan Retail Condominium For
For Sale
Contact for pricing
Pending
245 E 53rd St, New York, NY 10022
Retail condominium in Sutton Place neighborhood, leased to MáLà Project.
Property Size3,467 SF
Days on Market193
Property Features for 245 E 53rd St
General Information
Standard status
Pending
Size
3,467 SF
Property subtype
Retail
Listing Agency:
Compass
(917) 370-9152
Listed By:
Lauren Curcio · License #10401313803
Source:
Crexi
Added: Feb 11
Changed: Aug 16
Last Checked: Aug 23 at 3:11AM
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 Compass
Investment Insights
Based on property information with market context.
This commercial retail condominium is located on the ground and lower levels of 245 East 53rd Street in Manhattan, NY. The property is situated between Second and Third Avenues, at the base of a recently developed boutique residential condominium in the Sutton Place neighborhood. The space is currently leased to MáLà Project through March 31, 2030. The property includes approximately 1,800 square feet on the ground floor and 1,667 square feet on the lower level, totaling 3,467 square feet. East 53rd Street is recognized as "Restaurant Row" of Midtown East, featuring a concentration of food and beverage operators.
Key Highlights
- Leased to well‑known restaurant Málà Project through March 31, 2030.
- Located in the highly regarded Sutton Place neighborhood of Manhattan.
- Positioned on East 53rd Street, widely recognized as “Restaurant Row” of Midtown East.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,305
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 34%
Electronics 4%
Home Improvements & Furnishings 3%
McDonald's
Dining
29,356 visits/mo
0.3 miles
BP
Shops & Services
24,242 visits/mo
0.3 miles
Capital One Bank
Shops & Services
19,243 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
16,468 visits/mo
0.1 miles
Chase Bank
Shops & Services
16,187 visits/mo
0.2 miles
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
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Frequently Asked Questions
What type of property is this?
Retail space - Retail condominium in Sutton Place neighborhood, leased to MáLà Project.
Where is this retail space located?
The property is located at 245 E 53rd St New York, NY.
What are key features of this property?
This property features: Leased to well‑known restaurant Málà Project through March 31, 2030.; Located in the highly regarded Sutton Place neighborhood of Manhattan.; Positioned on East 53rd Street, widely recognized as “Restaurant Row” of Midtown East.
