19 W 55TH Street

New York City, NY, 10019

$48,500,000

$48,500,000
Active
Active
 - For Sale
property_type
Residential
Extremely rare 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, luxury apartment building with retail space, gallery, consulate, etc.

Located across from The Peninsula Hotel on West 55th Street off Fifth Avenue, the building current consists of 34,000 sq. ft. above grade plus an additional 5,000 sq. ft. cellar. Previously configured as rental buildings, most of the building has been vacated and gutted with the exception of four rent stabilized tenants. Preliminary proposed plans consisting of multiple residential units (14 two bedrooms and 3 thee bedrooms or 18 one-bedrooms and 3 three bedrooms) plus ground floor 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 details of which are also available upon request.

MLS® ID:
RPLU-3346090650
Listed:
6/21/20
Updated:
8/11/22

Interior Features

Kitchen Appliances
Washer Dryer Allowed
Total Bedrooms
0
Total Bathrooms
0

Other Property Details

Garage
Yes
Parking
Y
View
N
County
New York
Pool
No
Total Stories
1

Courtesy of Corcoran Group

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Randy Baruh Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:51 AM UTC, 8/11/22

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