19 West 55th Street, New York, New York, 10019

19 West 55th Street
New York NY 10019

Cross street:Fifth Avenue

Building

Type:Low-rise
Era:Post-war
Floors:10

Property

Ownership: Income Property
Bedrooms: Studio

Financials

Price: $58,500,000
415 Madison Avenue New York, NY 10017
Courtesy of The Corcoran Group

Description

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.

Amenities

Fitness Room; Laundry Room;

  • Elevator
  • Fitness Facility
  • Full time doorman
  • Laundry Room

Neighborhood

More listings:

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 ...

Description

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.

Amenities

Fitness Room; Laundry Room;

  • Elevator
  • Fitness Facility
  • Full time doorman
  • Laundry Room

Neighborhood

More listings:

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.