122 East 55th St

122 East 55th St

Boutique commercial building with retail — steps from Park Avenue

Five‑story commercial townhouse totaling ±7,650 SF with recent capital improvements and zoning upside under NYC’s City of Yes.

Property Overview

122 East 55th Street presents a rare opportunity to acquire a boutique commercial property just steps from Park Avenue in Manhattan’s prestigious Plaza District. The building combines classic architecture with modern improvements, offering flexibility for a wide range of uses.

Its desirable midblock location provides an intimate scale while benefiting from proximity to some of Midtown’s most iconic office towers, luxury residences, and global institutions. With strong visibility, a welcoming façade, and easily adaptable interiors, this property stands out as a compelling option for investors, users, and long-term holders seeking presence in one of New York City’s most sought-after corridors.

Property Details

Address:

122 East 55th Street, New York, NY 10022

Location:

Steps from Park Avenue in the Plaza District

Stories:

5 stories + basement

Lot Size:

1,883 SF (18.75’ x 100.42 ft)

Building Size:

±7,650 SF (above grade)

Development Rights:

±11,180 SF

Year Built:

~1920

Zoning:

C5-2.5 (high-density commercial, flexible uses)

Frontage:

18.75 feet on South Side of East 55th Street

Recent Upgrades:

New elevator, façade improvements, interior renovations

Investment Highlights

Coveted Plaza District Location

Surrounded by premier office towers, luxury retail, and top-tier hospitality destinations.

Boutique Scale

A rare full-building opportunity offering character and control in Midtown Manhattan.

Strong Accessibility

Minutes from major subway lines, Grand Central Terminal, and public transit connections.

Modernized Infrastructure

Recent capital improvements, including updated systems and building enhancements, support long-term usability.

Versatile Layouts

Flexible floor plates suitable for office, showroom, retail, or creative re-use.

Future Potential

Positioned for value-add strategies in a district defined by ongoing investment and redevelopment.

3D Tour

Floor Plans

MAP

122 East 55th Street – Plaza District, Manhattan

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