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Residential Income Property with Terraces
New
For Sale
$4,000,000

24 W 55TH Street PHC, New York City, NY 10019

A renovated two-level residence includes a separate studio, two private terraces, and custom built-ins.

Property SizeContact for details
Days on Market6

Property Features for 24 W 55TH Street PHC

General Information

Standard status Active
Property subtype Duplex

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA, 1 x studio
Multifamily Units 2

Amenities

private terraces
central air
24-hour doormen
porters
resident manager
courtyard garden
storage

Building Details

Year Built 1936
Construction Art Deco
Listing Agency: Douglas Elliman Real Estate
Listed By: Lydia H Sussek · License #40SU1173761
Source: Bondnyre
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 7 at 6:16PM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This two-level penthouse residence at The Rockefeller Apartments has two bedrooms, two bathrooms, and a separate studio formed from three former staff rooms. The studio includes a pantry kitchen, closets, and a built-in desk; it carries separate shares and a separate lease. The main residence features a renovated kitchen, custom built-ins, central air, recessed lighting, and original Art Deco details. Two private terraces extend the living space outdoors, while the upper-level primary bedroom has its own full-length terrace and dressing room. The building dates to 1936 and was developed by Nelson Rockefeller with architect Wallace K. Harrison.

Residents have access to a landscaped courtyard garden, storage, and 24-hour doormen, porters, and a resident manager. The property is just off Fifth Avenue, four blocks from Central Park, with MoMA, Rockefeller Center, shopping, dining, and major transit within a few blocks. The building permits washers and dryers, pets, pieds-à-terre, and financing of up to 75%; a 2% flip tax and temporary assessment apply.

Key Highlights

  • Two‑bedroom, two‑bath penthouse residence with a separate studio
  • Two private terraces, including one spanning the upper‑level primary bedroom
  • Studio combines 3 former staff rooms and has separate shares and a separate lease

Property Analytics

Current Use

Leonard Opticians Ophthalmologist Michael's New York Restaurant

Suggested Use

Top Pick Butcher Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care 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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63,115
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - A renovated two-level residence includes a separate studio, two private terraces, and custom built-ins.
Where is this residential income property located?
The property is located at 24 W 55TH Street PHC New York City, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath penthouse residence with a separate studio; Two private terraces, including one spanning the upper‑level primary bedroom; Studio combines 3 former staff rooms and has separate shares and a separate lease
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