Building Details

Buildings 1

Stories 5

Listing Agency: Meridian Capital Group

Listed By: David Schechtman · License #10301211874 Show Phone

Source: Crexi

Added: Sep 5 Changed: Sep 20 Last Checked: Sep 22 at 5:19PM

Report an Issue

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

Petrola House is a landmarked, five-story office building at 5 West 54th Street in New York. The property is identified as an office building and is positioned between Fifth and Sixth Avenues in Midtown Manhattan.

Key Highlights

• Landmarked five‑story office building
• Known as Petrola House
• Located at 5 West 54th Street, New York, NY 10019

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

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

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

69,193

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

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Restaurant Condominium with Event Garden

358 W 23rd Street, New York, NY 10011

$2,195,000

3,300 SF

View details

Second-Floor Office Unit

139 Centre Street, New York, NY 10013

$1,338,000

651 SF

View details

Historic Mixed-Use Townhouse

240 East 33rd Street, New York, NY 10016

$6,750,000

858 SF

View details

Historic Mixed-Use Townhouse Opportunity

9 Bleecker Street, New York, NY 10012

$6,500,000

4,577 SF

View details

Multi-Level Restaurant with Roof Terrace

47 E 29th St, New York, NY 10036

$4,575,000

6,950 SF

View details

Fully Built-Out Medical Office

139 Centre Street, New York, NY 10013

$999,999

905 SF

View details

Storefront Retail Condominium

1f-3720 Prince Street, New York, NY 11354

$2,044,100

1,106 SF

View details

South-Facing Medical Office Condo

333 E 34 St 1K, New York, NY 10016

$649,000

895 SF

View details

Leased Storefront Retail Condo

1h-3720 Prince Street, New York, NY 11354

$1,877,750

1,016 SF

View details

Four-Unit Corner Strip Mall

4748 Broadway, New York, NY 10040

$13,900,000

9,975 SF

View details

Professional Office Condominium Suite

8a-13631 41st Avenue, New York, NY 11355

$1,680,000

1,223 SF

View details

NNN Commercial Building

120 East 32nd Street, New York, NY 10016

$800,000

9,797 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - Landmark-designated office property occupying a prominent Midtown Manhattan block between Fifth and Sixth Avenues.

Where is this office building located?

The property is located at 5 West 54th Street New York, NY.

What are key features of this property?

This property features: Landmarked five‑story office building; Known as Petrola House; Located at 5 West 54th Street, New York, NY 10019