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  2. Manhattan
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For Sale

2404451

f72fdca6-6e59-4262-9700-69899896023e

us/ny/manhattan

PRICE REDUCTION

240 West 54th Street, New York, NY 10019

240 West 54th Street
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Key features

  • 5-15 minute from various Manhattan neighborhoods, transportation hubs and landmarks, such as: Times Square, Central Park, Grand Central, Hudson Yards and Penn Station, etc.
  • Ideal C6-7 Zoning encourages high-rise construction and provides for flexible use that allows commercial, residential, mixed-use or community facility.
  • The property is currently occupied by the owner and can be delivered vacant

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker

Chris Brodhead

B6 Real Estate Advisors

(646) 933-2616

Building Details

  • For Sale $30,000,000
  • Property Type Retail - Freestanding
  • Property Size 27,515 SF
  • Year Built 1917
  • Year Renovated 2006
  • Date Updated Jul 20, 2023

Attachments

  • 240 West 54th Street_OM_Reduced Price.pdf

Getting Around

  • Walk Score ®

    Walker's Paradise (99)
  • Transit Score ®

    Rider's Paradise (100)
  • Bike Score ®

    Biker's Paradise (90)
Powered by Walk Score ®

Location

  • City New York, NY
  • Neighborhood Theatre District - Times Square
  • Zip Code 10019
  • Market Manhattan

Points of Interest

7th Avenue

0.12 miles

53rd Street & 7th Avenue at Southeast Corner

0.12 miles

57th Street–7th Avenue

0.14 miles

50th Street

0.18 miles

6th Avenue & 56th Street at Southwest Corner

0.28 miles

6th Avenue & 56th Street at Northwest Corner

0.29 miles

6th Avenue & 56th Street at Southeast Corner

0.29 miles

59th Street–Columbus Circle

0.30 miles

49th Street

0.30 miles

Mobil

0.58 miles

Sunoco

0.69 miles

ChargePoint

0.70 miles

ChargePoint

0.72 miles

ChargePoint

0.91 miles

Mobil

0.96 miles

Tesla Supercharger

0.96 miles

ChargePoint

0.99 miles

Tesla Supercharger

1.16 miles

Icon

0.17 miles

24 Hour Parking

0.25 miles

Quik Park

0.26 miles

Allie II parking

0.42 miles

Alpha Garage

0.51 miles

Icon Parking

0.52 miles

Alfred Car Park, LLC

0.54 miles

Lincoln Center Park and Lock Garage

0.56 miles

Hippodrome Parking

0.59 miles

Nordstrom

0.18 miles

Morton Williams

0.23 miles

Key Food

0.24 miles

The Shops at Columbus Circle

0.29 miles

Whole Foods Market

0.29 miles

Morton Williams

0.34 miles

Dainobu

0.37 miles

Target

0.41 miles

Clinton Gourmet Market

0.47 miles

Contact Listing Broker

broker

Chris Brodhead

B6 Real Estate Advisors

(646) 933-2616

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Frequently Asked Questions

  • What is the total size of PRICE REDUCTION?

    PRICE REDUCTION has a total of 27,515 square feet.

  • What is the year built for PRICE REDUCTION?

    The year built for PRICE REDUCTION is 1917.

PRICE REDUCTION, New York, NY 10019 - Retail Space

This commercial property is located at 240 West 54th Street in New York, NY, 10019. PRICE REDUCTION was completed in 1917. This property is one of 37 retail buildings in New York that are at least 50,000 square feet in size.

Leasing opportunities in Theatre District - Times Square include 2671 retail spaces amount to a total of 5,480,540.88 SF of available retail space. For prospective buyers’ consideration, the average asking retail rent per square foot in Theatre District - Times Square is $148.09/SF/YR across all property classes. For Class A retail buildings in Theatre District - Times Square the average rate is $137.5/SF/YR. For Class B retail buildings in Theatre District - Times Square the average rate is $91.98/SF/YR. For Class C retail buildings in Theatre District - Times Square the average rate is $158.4/SF/YR. Retail building sale prices in Theatre District - Times Square average $4,044,026.

At city level, PRICE REDUCTION is one of 80 retail buildings that are 50,000 square feet or larger. As a general overview, the New York retail market includes 2 class A+ retail buildings, 9 class A retail Buildings, 17 class B retail buildings, 20 class C retail buildings. Retail building sale prices in New York average $4,044,026.

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