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.
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.