Two-Floor Mixed-Use Office Retail
For Sale
Contact for pricing
31 W 54th St, New York, NY 10019
Two five-story mixed-use elevator buildings with ground-floor retail frontage and renovated office floors above.
Property SizeContact for details
Days on Market121
Property Features for 31 W 54th St
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Office, Mixed Use
Zoning
C5-P
Building Details
Stories
5
Tenancy
Multi
Listing Agency:
Level Group
Listed By:
Larry Link · License #NY 10311201807
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Level Group
Investment Insights
Based on property information with market context.
Offered for sale are two, five-story mixed-use elevator buildings featuring brick and limestone exteriors and ground-floor retail space with approximately 40 feet of frontage. Each building includes direct access to a rear terrace and landscaped garden, as well as full, high-ceiling basements. Office space above is described as clean and renovated, with 33 West 54th Street gut renovated and delivered with a new elevator and tenant-ready improvements.
The flexible C5-P zoning provides for a wide variety of potential uses, including office, residential, and retail. The properties are delivered vacant/ready for multiple use possibilities as described for 31 West 54th Street, while 33 West 54th Street is delivered with two tenants on floors 1–3 under newly signed leases. The buildings are currently combined on the fourth and fifth floors to allow for use together or separately.
Additional air rights are described as available for future expansion, supporting long-term flexibility under new ownership.
The flexible C5-P zoning provides for a wide variety of potential uses, including office, residential, and retail. The properties are delivered vacant/ready for multiple use possibilities as described for 31 West 54th Street, while 33 West 54th Street is delivered with two tenants on floors 1–3 under newly signed leases. The buildings are currently combined on the fourth and fifth floors to allow for use together or separately.
Additional air rights are described as available for future expansion, supporting long-term flexibility under new ownership.
Key Highlights
- Two five‑story mixed‑use elevator buildings with ground‑floor retail frontage and several floors of renovated office space above
- 40‑ft ground‑floor retail frontage with direct access to a rear terrace and landscaped garden
- Flexible C5‑P zoning allows a wide variety of potential uses including office, residential and retail
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
63,115
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two five-story mixed-use elevator buildings with ground-floor retail frontage and renovated office floors above.
Where is this office building located?
The property is located at 31 W 54th St New York, NY.
What are key features of this property?
This property features: Two five‑story mixed‑use elevator buildings with ground‑floor retail frontage and several floors of renovated office space above; 40‑ft ground‑floor retail frontage with direct access to a rear terrace and landscaped garden; Flexible C5‑P zoning allows a wide variety of potential uses including office, residential and retail
