Real Estate

19 W 55th St

New York, NY

$58,500,000

Property Description

Extremely great opportunity to own a 50 foot wide mixed use building that is primed and ready to be transformed into a glorious private corporate or institutional headquarters, short term/executive suites, luxurious apartment building with retail space, carousel, consulate, etc. Located across from The Peninsula Hotel on West 55th Street off 5th Avenue, the building current consists of 34, 000 square ft above grade plus an additional 5, 000 square ft cellar. Previously configured as rental buildings, most of the building has been vacated and gutted with the exception of 4 rent stabilized tenants. Preliminary proposed plans consisting of multiple residential units (14 2 beds and three thee bedrooms or eighteen 1 beds and three 3 beds) plus first level retail space have been explored by the owners. Plans are available upon request. The facade is not protected and can be transformed into full limestone, a rendering and information of which are also available upon request.
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Property Details

Property Type: Condo / Townhouse / Apt
Bedrooms: 3

Interior Information

Bedrooms: 3

Area Information

City: New York
State: NY

Additional Information

List Price: $58500000
Property Type: Condo / Townhouse / Apt
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