53 East 77th Street has gone through many permutation as a single-family mansion, Funk and Wagnall's library, Cello restaurant, a recording studio and currently is used to market museum quality furniture. The building has great bones and proportions with windows on the north, south and west. Phenomenal location, as its right off Madison Avenue across The Carlyle and The Mark Hotel.

The property is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, retail mixed buildings with residential space above office/commercial floors. Or if a buyer wishes to, they could convert this 14,500 sq ft+ building into a grand mansion.