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24-Story Office Building
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55 E 59th St, New York, NY 10022

24-story office structure built in 1985 with approximately 262,563 rentable square feet available for rent.

Space SizeContact for details
Property Size3,155 SF
Days on Market783

Property Features for 55 E 59th St

General Information

Standard status Active
Size 3,155 SF
Property subtype OFFICE

Building Details

Year Built 1985
Stories 24
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Junji Miyake
Source: Moodyscre
Added: Jun 13, 2024 Changed: Jul 26 Last Checked: Aug 3 at 12:54PM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 24-story office building was built in 1985 and offers approximately 262,563 rentable square feet. The property is presented as a for-rent commercial office asset, with space available within the building’s multi-story layout.

The building is located at 55 E 59th St in New York, NY 10022.

With its established midtown high-rise design, the property provides a large, single-building platform for businesses seeking office space within a substantial rentable footprint.

Key Highlights

  • 24‑story office structure built in 1985
  • Approximately 262,563 rentable SF available for rent

Property Analytics

Current Use

Kowa American Corporation Factory L'Alliance New York ... Hotel & Motel New York Vans ... General Contractor Elegant by Alice Big Box & Wholesale Store AGBU Arts Theater & Performing Art Venue

Suggested Use

Top Pick Auto Parts Store Butcher Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

52,828
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 24-story office structure built in 1985 with approximately 262,563 rentable square feet available for rent.
Where is this office units located?
The property is located at 55 E 59th St New York, NY.
What are key features of this property?
This property features: 24‑story office structure built in 1985; Approximately 262,563 rentable SF available for rent
(646) 415-2610 Call to check price and availability
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