$40,000,000
Updated 11 years ago
Sold

Lehman Art House

7 West 54th Street

Midtown West, Manhattan | Fifth Ave & Ave of the Americas

16,600 Square FeetCommercial

$40,000,000
floors5
Lot Size25'x100'
Built Size25'x75'
ZoneC5-P
Building TypeTownhouse
RE Taxes$150,384
Price Per SF
$2,410

Listing Features

  • Original Details
  • Central AC

Building Amenities

  • Voice Intercom
  • Elevator
  • Roof Deck

Property Description for 7 West 54th Street

> A 5-story limestone mansion with copper-framed ocular windows, bowed stoned balcony, French doors with elaborate carved festoons and cartouches designed in 1889 by John H. Duncan as a palatial residence for Philip Lehman and his wife Carrie Lauer. > As the 20th Century approached, the mansions of the well-heeled financiers such as James Goodwin & John D Rockefeller Jr. Rose alongside. > In 2006 a modern glass penthouse was added to the present day façade. > The house underwent a meticulous restoration by skilled artisans & designers, and is updated to today's modern standards with the cooperation of the Metropolitan Museum of Art and currently serves as a headquarters for a prestigious hedge fund. > The building is awaiting a discerning purchaser who desires an ultimate and grand New York mansion. > It is also ideal for a school, private club, diplomatic residence or institution. > Additional features of this building include: CENTRAL AIR-CONDITIONING.

Listing History for 7 West 54th Street

Now
11/07/2013
$40,000,000
Sold and Closed by Carrie C. Chiang
Corcoran
06/20/2013
Contract Signed by Carrie C. Chiang
Corcoran

Building Details for 7 West 54th Street

OwnershipCommercial
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1920
Floors5
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/53 St
0.09 miles
57 St
0.2 miles
5 Av/59 St
0.27 miles
7 Av
0.32 miles
57 St-7 Av
0.34 miles

Railroad

Grand CentralLong Island Rail Road
0.43 miles

Citi Bike

W 54 St & 6 Ave
0.08 miles
W 52 St & 5 Ave
0.11 miles

Contact Agent

Contact Agent

Midtown West | Manhattan

Quick Profile

People, yellow cabs, bright lights, big crowds, 24-hour eateries and just about every type of store imaginable. it’s a frenetic buzz that only a few places on the globe can offer. And that’s just one part of it. Midtown West is the birthplace of hustle and bustle and it’s bordered by 42nd to the south, 59th Street to the north, 8th Avenue to the west, and 5th Avenue to the east. 

Midtown West is not as residential as other neighborhoods in Manhattan. The bustling part of Midtown West is 42nd Street between Times Square and 8th Avenues where the retail and office space, theatres, and attractions are. No matter what time of day it is, you'll always find activity there. 

Residential buildings lay near the western end of Midtown West beginning around 8th Avenue. 

Location, location, location. Of all the neighborhoods and enclaves of Manhattan, Midtown West is perhaps the most commutable place to live, visit, or work. It contains one of the highest concentrations of subway lines in the Big Apple. A, C, E, N, Q, R, 1, 2, 3, and the 7 train. The transit system feeds the streets with commuters from everywhere. The Port Authority Bus Terminal and nearby Penn Station adds to the number of people that flood Midtown on any given day. 

It’s one of the easiest places in all of Manhattan to navigate because it’s a true grid. Uptown, street numbers go up. Downtown, street numbers go down. It’s the same concept from east to west. You really can’t get lost in Midtown West.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 21293TH