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    5 W 54Th St New York, NY 10022

    For Lease
    Contact for pricing

    Five-story building suited for various businesses with elevator access.

    Property size:
    1,952 SF
    Lot size:
    0.06 Acres

    Property Features for 5 W 54Th St

    General Information

    Size
    1,952 SF
    Lot size
    0.06 Acres

    Source: Newmark - Corporate Agent Michael Cohen

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

    Overview

    Five-Story Building with Usable Roof

    This five-story building offers a full building identity. The property features a pristine marble entryway with elevator access to all floors, including a usable roof deck. With a total property size of 1952 square feet, it is ideally suited for art galleries, auction houses, private offices, bespoke men/women’s fashion, and private members clubs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Skorpios NYC Event ... Restaurant The Golden Girls Kitchen ... American Restaurant The Madison Restaurant Jordy Palu Cafe Coffee Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Food Market Law Firm Grocery Store Clothing Store

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

    Similar Places Nearby

    NYC Flooring Expert Inc, Brooklyn Carpet Exchange, NYC Marble Care, Rug Artisan Corp, Superior Tiles

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.974588
    Latitude
    40.7608233

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    FAQs

    What type of property is this?
    Showroom - Five-story building suited for various businesses with elevator access.
    Where is this showroom located?
    The property is located at 5 W 54Th St New York, NY.
    What are key features of this property?
    This property features: - Stunning five-story building with full identity.; - Elevator access to all floors, including a usable roof deck.; - Pristine marble entryway.
    (212) 372-2000
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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
    5 W 54Th St New York, NY 10022
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