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32239865
32239870

402 East 55th Street, New York, NY 10022

DD
NY NY 10301216476, FL BK3439346 (+1)
First Pioneer Properties
RD
NY 10401327689
Listed by First Pioneer Properties
$3,595,000
70 days on market
Updated 66 days ago

401 East 55th Street

Details
Property Type Retail, Office (+1)
Sub Type Day Care/Nursery, Pharmacy/Drug (+1)
Square Footage 4,880
Tenancy Vacant
Class A
Year Built 1969
Year Renovated 2014,2017
Stories 40
Zoning r10
Investment Type Owner/User
Lease Commencement 05/01/2026
Ground Lease No

Sutton Place Ground Floor Medical and Retail Space

Marketing description

Rare Commercial Opportunity in Sutton Place | ~4,880 SF Prime Ground-Floor Space

Elevate Your Business Presence at Plaza 400

Positioned at the base of the iconic Plaza 400 luxury high-rise, this expansive ~4,880 square foot commercial suite offers a rare combination of high-visibility retail and sophisticated professional offices. Located in the heart of Sutton Place, one of Manhattan’s most prestigious residential enclaves, this property provides the ultimate footprint for a flagship medical practice, wellness center, or high-end professional firm.

Dual-Purpose Design for Maximum Versatility

Designed to accommodate diverse business needs, the space features a strategic separation between its retail and office components. The retail section benefits from a prominent presence within the building’s grand open-air plaza, perfect for attracting local clientele and boutique foot traffic. Conversely, the professional office wing offers a quiet, refined environment ideal for consultations, administrative operations, or specialized medical suites.

Unrivaled Accessibility and Demographics

  • Built-in Clientele: Direct access to nearly 600 luxury residential units within the building and thousands more in the immediate Sutton Place/Midtown East vicinity.
  • Perfect Transit Connectivity: Boasting a perfect 100/100 Walk and Transit Score, the location is just steps from major subway lines (4, 5, 6, N, R, W, E, M) and the FDR Drive.
  • Prestigious Infrastructure: Benefit from the security, maintenance, and reputation of a world-class, 38-story landmark building.

Move-In Ready & High-Spec

Currently configured for professional use, the space is in excellent condition, featuring private restrooms, wheelchair accessibility, and a layout that maximizes both privacy and flow. Whether you are looking to establish a multi-disciplinary medical clinic, a private wealth office, or a boutique fitness studio, this space provides the scale and sophistication to reflect your brand’s excellence.

Investment highlights

Investment Highlights

  • Diversified Income Streams: The ~4,880 sq ft layout allows for multiple tenants across distinct retail and office zones. This separation minimizes vacancy risk compared to a single-tenant unit.
  • Medical & Professional Suitability: A significant portion of the ground floor is currently optimized for high-end professional use, such as Medical Associates of New York. The space is ideal for practices requiring a private, prestigious entrance within the Sutton Place enclave.
  • Dual-Frontage/Accessibility: Located within a large open-air plaza, the unit offers unique exterior visibility and accessibility for retail clients, while keeping professional office areas separate for privacy.
  • Move-In Ready Condition: Much of the commercial footprint is reported to be in excellent condition with partial build-outs already in place, reducing immediate capital expenditure for a new owner or tenant.
  • Affluent Resident Capture: Positioned directly beneath a 38-story luxury tower (Plaza 400), the space has immediate access to a "captive" audience of nearly 600 residential units.
  • Premier Transit Profile: The location maintains an exceptional 100/100 Walk and Transit Score, ensuring that employees and retail customers can easily reach the site via the 4, 5, 6, N, R, and W subway lines.

Key Configuration Details

  • Total Size: Approximately 4,880 SF [owner-provided].
  • Layout: Separated into retail-facing areas and professional office/medical suites [owner-provided].
  • Accessibility: Features include wheelchair accessible entrances and private restrooms.

Listing Contacts

DD
NY NY 10301216476, FL BK3439346 (+1)
First Pioneer Properties
RD
NY 10401327689
Listed by First Pioneer Properties

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Zoning

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R10 ResidentialTwo FamilyGeneral Residence
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Additional Information

Name
Rudy DeDominicis
License
10401327689
Brokerage
FPR
Title
Broker of Record
Name
David Dynak
License
NY 10301216476
Brokerage
FIRST PIONEER REALTY
Brokerage Phone
9175725746
Title
Director of Leasing
Brokerage Address
34-09 Queens Boulevard
Name
Rudy Dedominicis
License
10401327689
Brokerage
FPR
Brokerage Phone
9175669359
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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