For Sale: New York City's Church Missions House
April 13, 2014

281 Park Avenue South

The last time the southeast corner of Park Avenue South and East 22nd Street was in private hands was 1892—and the landowner was J. Pierpont Morgan, the peerless financier and philanthropist who bought the site and donated it to support the growing missionary work of his church.

Now, the Church Missions House at 281 Park Ave. South is on track to revert to for-profit ownership: The six-story, 36,749-square-foot jewel, built in the Flemish-Renaissance style between 1892 and 1894, is being put up for sale on Monday and will be marketed jointly by Massey Knakal Realty Services and Studley Inc.

The asking price: $50 million.

Its owner, for the last 51 years, has been the nonprofit Federation of Protestant Welfare Agencies. Before that, the Domestic and Foreign Missionary Society of the Protestant Episcopal Church held title to the landmark for 71 years.

For Sale: New York City's Church Missions House

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