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    60 E 55Th St New York, NY 10022

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    For Sale
    $40,000,000

    35,000 SF Midtown building ideal for various uses.

    Property size:
    34,436 SF
    Lot size:
    0.20 Acres

    Property Features for 60 E 55Th St

    General Information

    Size
    34,436 SF
    Lot size
    0.20 Acres

    Source: BKREA Agent Bob Knakal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown Luxury Commercial Condo Building

    Located between Park and Madison Avenues in Midtown, this property is situated in a modern, luxury commercial condominium building. The full building opportunity offers approximately 35,000 square feet across six floors, each featuring high ceilings and elegant finishes. It includes a private entrance, multiple outdoor terraces, spa and wellness facilities, a screening room, and a restaurant-grade kitchen. Delivered vacant, the property is suitable for owner-users, private clubs, medical or wellness groups, or flagship retail. The location offers significant branding potential in the heart of Midtown Manhattan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    sweetgreen Health Food Restaurant Park Avenue Place Condominium Complex Seychelles & BC Footwear ... Footwear Wholesaler Interactive Elements Inc Engineering Consultant Hallet Construction Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9772538
    Latitude
    40.7625428

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    FAQs

    What type of property is this?
    Office building - 35,000 SF Midtown building ideal for various uses.
    Where is this office building located?
    The property is located at 60 E 55Th St New York, NY.
    What is the asking price?
    The asking price for this property is $40,000,000.
    What are key features of this property?
    This property features: - Unbelievable Midtown location between Park & Madison Avenues.; - Approximately 35,000 SF across six floors.; - Full-building opportunity with private entrance.
    (917) 509-9501
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    60 E 55Th St New York, NY 10022
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    New York, NY 10022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 E 55Th St New York, NY 10022
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