Closed For Sale • Condo

$4,850,000

$1,710 per sq ft

5 E 44th Street #RETAIL

Midtown East, Manhattan

MLS® #RLS10010415

Listing by Compass

Studio

1

Bath

2,836

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms Studio

Bathrooms 1

Living Area 2,836 sq ft

Year Built 2009

Ownership Condo

HOA/Common Charges $2,680/mo

Property Taxes $33,999.96/yr

Neighborhood Midtown East

Property Highlights

• Exposure: South facing

Property Details

Type Condo

Ownership Condominium

Total Rooms 2

Baths 1 Full

Exposure South

Pets Yes

Cross Street Fifth Avenue/Madison Avenue

Year Built 2009

Living Area 2,836 sq ft

Block/Lot 1279/7

Description

The Lulla Team has been retained on an exclusive basis for the sale of a retail-condominium located

at 5 East 44th Street. This is an incredible investment opportunity to own an approximately 2836 sq.

ft. ( 1876 on the first floor and 960 in fully usable basement) retail-condominium with 14' of frontage on a main commercial corridor with tremendous foot

traffic near Grand Central.

The subject property is currently occupied by a medical practice but will be delivered vacant and is

prime for an owner-user to occupy the space or makes a unique investment. The location is between

Madison and Fifth Avenue - neighboring tenants include Brooks Brothers, The Cornell Club of New

York, Allen Edmonds and Coach. This property represents a great opportunity for future ownership to

realize a high yield in an area where retail rents have been steadily on the rise, expected cap rate is

6-7%. It is one block from One Vanderbilt, which will be the city's tallest office tower building with

over $1.6 million square feet.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Stories 20

Financial Details

Common Charges $2,680/mo

RE Taxes $33,999.96/yr ($2,833/mo)

Sale Price $4,500,000

Previous Price $5,295,000

About Midtown East

View All Midtown East Listings

Midtown East is a dynamic hub that serves as the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and charming side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

221

Median Asking Price

$1.69M

Median $/Sqft

$1,656

Avg Days on Market

N/A

New This Week

8

Price Reduced

25%

Sold (30 Days)

12

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 3/26/26, 4:47 AM EST

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Location

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5 E 44th Street #RETAIL, Midtown East, New York County • Near Fifth Avenue/Madison Avenue

NYC Zoning • Google Maps • Street View

Floor Plans

Data Sources & Methodology

Listing Data

RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.

Market Data

RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.

Map & Location

OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.

All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.

MLS® ID: RLS10010415

First Listed: 10/25/2016

Price Changed: 11/4/2016

Closed: 4/12/2017

Contract Date: 10/21/2016

Listing Courtesy of Compass - Sienam Lulla

Listing Contact: (212) 913-9058

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 8:47 AM UTC