The Beaux-Arts theater was originally designed by Jules Henri de Sibour, and built in 1912, for Plimpston B.

Entertainers included: Will Rogers, Eddie Cantor, Rudy Vallée, Laurel and Hardy, and ZaSu Pitts.

In 1956, RKO sold the building, to Morris Cafritz for $1.55 million.

In March 1978, the United States Commission of Fine Arts recommended saving the facade of the Keith-Albee Theater and National Metropolitan Bank.

[7] The developer said he would preserve the historic facade of the Keith-Albee theater building, if he could demolish Rhodes' Tavern.