Property photo 1
0 Beds
0 Baths

$12,000,000

54 3RD Avenue NA, New York City NY, 10003

Property typeResidential

Policies

Pets Allowed
Yes

Overview

Sold

Listed Nov 19, 2021

Updated 4 weeks ago

Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market. Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market. Situated in the heart of one of the most vibrant NYC neighborhoods on Third Ave between 10th and 11th streets-surrounded by NYU, Cooper Union, amazing restaurants, and iconic theaters and performance spaces-this location is always buzzing. The building has a 31.5-foot wide front and great existing as well as future solid income. There is over 13,500 sq ft of unused FAR, which gives tremendous opportunity for new development. Well-built as a solid structure in red brick in 1901, it is updated with separate gas meters. The ground floor at Approx. 2,650 SF is a well-established and very busy Japanese's restaurant with a large basement. The second floor has approx. 2,000 SF with a terrace, and the third floor has approx. 2,000 SF with roof deck use. There are many public transportation options at 14th Street and Astor Place just 2-3 blocks away, and three bus lines stop right in front of the building. The Smith Restaurant & Bar is across street and Shake Shack is on 3rd Ave and 8th Street. The AMC movie theatre is right on the next corner. This fabulous opportunity rarely comes available to market.
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC -  Sungmee Kim

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026  The Real Estate Board of New York, Inc., All rights reserved

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