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Renovated Mixed-Use Building
For Sale
$11,000,000

43 W 54th Street New York, Manhattan, NY 10019

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Days on Market37

Property Features for 43 W 54th Street New York

General Information

Property type Commercial Sale
Property subtype Other
Zoning C5
Rooms Basement
Basement Finished, Storage Space, Full
Directions It is located on 54th Street and between 5th Ave and 6th Ave in Manhattan
Standard status Active
APN 01270-0011

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 148389

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Central Air
Water source Public

Building Details

Year built 1915
Floors in Building 5
Building materials Brick
Listing Agency: Promise Realty LLC
Listed By: Chonggil Moon · License #10401256647
Added: Jul 17 Changed: Aug 20 Last Checked: Aug 22 at 8:06AM
MLS# 1027621

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-story mixed-use property combines six residential units with a restaurant occupying the first and second floors. The building underwent a complete renovation in 2025 and is constructed with brick, with baseboard heating and central air conditioning.

Located south of Central Park at 43 W 54th Street in New York, the property has public water and public sewer service. The building dates to 1915 and includes a basement.

Key Highlights

  • Six residential units within a five‑story mixed‑use building
  • Two‑story restaurant component on the first and second floors
  • Completely renovated in 2025

Property Analytics

Current Use

Nari Restaurant Kontokosta Consulting Group Architect

Suggested Use

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

6
Residential units

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five-story property combining six residential units with a two-level restaurant component and C5 zoning.
Where is this mixed-use property located?
The property is located at 43 W 54th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Six residential units within a five‑story mixed‑use building; Two‑story restaurant component on the first and second floors; Completely renovated in 2025
More about this property
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