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19474113

19 W 55th St, New York, NY 10019

BB
NY NY 10301221862
SERHANT
KP
NY NY 10401389516
SERHANT
Listed by SERHANT
$37,000,000
714 days on market
Updated 73 days ago

19 W 55th St - New Conversion opppurtunity

Details
Property Type Mixed Use
Sub Type multifamily
Square Footage 34,000
Units 28
Occupancy 9%
Price per SqFt $1,088
Year Built 1920
Buildings 1
Stories 10
Lot Size (SqFt) 5,000
Zoning c1/6
Investment Type Value Add
Sale Condition Distressed

Mixed Use | 34,000 SqFt

Marketing description

SERHANT. has been exclusively retained to represent 19 West 55th Street for sale.

Situated just off Fifth Avenue and neighboring the iconic Peninsula Hotel, 19 West 55th Street offers a singular opportunity for developers, investors, or end-users to reimagine an extraordinary piece of Manhattan real estate. Rising 10 stories and spanning approximately 39,000 square feet, the building is delivered fully gutted and nearly vacant—save for three rent-stabilized units—setting the stage for a seamless transformation.

Clive Longstein’s visionary redesign proposes an elegant limestone façade with double-height windows, multiple outdoor terraces, and a striking enclosed colonnade. Plans are in place for a luxury condominium conversion, replete with timeless architectural details that blend seamlessly with the prestige of the surrounding neighborhood. Previously configured with retail at grade and 29 residential units above, this site is primed for a boutique luxury development or alternative high-end use.

Anchored in the heart of Midtown Manhattan, with Central Park, MoMA, and world-class retail at your doorstep, 19 West 55th Street is already attracting top-tier interest—including a potential $42,000/month lease from a renowned restaurateur. This rare Midtown gem is further supported by immediate access to the B/D/E/F/M/N/Q/R subway lines, providing unmatched convenience and connectivity.

A legacy address in a legacy location—19 West 55th Street is a once-in-a-generation offering.

Investment highlights

GUTTED AND PRIMED FOR DEVELOPMENT OPPORTUNITY

Listing Contacts

BB
NY NY 10301221862
SERHANT
KP
NY NY 10401389516
SERHANT
Listed by SERHANT

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Zoning

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C5-P CommercialCore CommercialRestricted Central Commercial
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View all 242 uses
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For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Bernadette Brennan
License
NY 10301221862
Brokerage
Serhant
Title
Real Estate Associate Broker
Name
Katherine Pankevich
License
NY 10401389516
Brokerage
SERHANT LLC
Brokerage Phone
(646) 480-7665
Title
Licensed Real Estate Salesperson
Brokerage Address
372 West Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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