Updated 5 years ago
Off Market
43 West 54th Street
Midtown West, Manhattan | Fifth Ave & Ave of the Americas
5,909 Square FeetIncome Property
$7,950,000
floors / apts5 / 6
Lot Size16'5"x100'4"
Built Size16'5"x163'
ZoneC5-P
Building TypeLow-Rise
RE Taxes$131,663
Price Per SF
$1,345
Building Amenities
- Voice Intercom
- Elevator
Property Description for 43 West 54th Street
The Offering
JLL has been retained on an exclusive basis to arrange for the sale of 43 West 54th Street, a 5,909 square foot mixed-use buildinglocated on the north side of West 54th Street between 5th and 6th Avenues. This 16.5’ x 100’ lot, located on one of the mostsought-after blocks in Midtown, features two levels of prime retail space as well as six residential units.
Currently, a restaurant tenant occupies both the ground and second floors on a month-to-month lease arrangement and can be delivered vacant. The three levels situated above the restaurant are organized into six, vacant studio apartments totaling 2,640 square feet.
Immediately surrounding 43 West 54th Street are numerous shopping, dining and transportation options, creating a hot spot for locals and tourists alike. In addition, the site is located across the street from the Museum of Modern Art, one of the most prominent galleries in all of Manhattan.
Building Details for 43 West 54th Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1915
Floors/Apts5/6
Transit and Citi Bike
Subway
57 St
0.12 miles
5 Av/53 St
0.18 miles
7 Av
0.22 miles
57 St-7 Av
0.24 miles
5 Av/59 St
0.29 miles
Railroad
Grand CentralLong Island Rail Road
0.5 miles
Citi Bike
W 54 St & 6 Ave
0.03 miles
W 55 St & 6 Ave
0.08 miles
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: 74798TH
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