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.
View More

Building Features 10 Floors27 Units

elevator
full time doorman
garage
gym
laundry
View all 5 building features

Unit Features

Pet Policy: No pets

$48,500,000

$10,000,000  -  171 days ago

Listed on Jun 26, 2020

398 Days on Market

- Beds / 0.0 Baths / - ft²

Total Monthly expenses: $46,900

Maintenance: - / R.E. Taxes $46,900

Other Details:

-

Lot Size: 50.0' x 100.83' Built: 50.0' x 85.0'

Zoning: -

Exclusively listed with: The Corcoran Group Source: RLS

Carrie C Chiang

ccc@corcoran.com

--

Listing Courtesy of The Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...

What is this
property worth?

Work with an Urbandigs Professional
to help you price this property

Free Professional
pricing report for unit BUILDING

Request Report Now