212-372-2306
426 W 55th St, New York, NY for Sale
Showroom - FOR SALE
1/3
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426 W 55th St
New York, NY 10019
Hell's Kitchen


HIGHLIGHTS

  • Fully leased to Warner Bros. through 2031.
  • Located in Columbus Circle near Central Park.
  • Significant air rights for future development.
  • Excellent subway access via 59th Street station.
  • Surrounded by luxury retail and cultural landmarks

OVERVIEW

426 West 55th Street offers a rare investment opportunity in one of Manhattan’s most prestigious neighborhoods—Columbus Circle. This three-story commercial building sits on a 4,393-square-foot lot and boasts a gross building area of 12,388 square feet. Fully leased to Warner Bros. Entertainment Inc. through June 2031, the property provides secure, long-term cash flow backed by a globally recognized tenant. Strategically positioned between 9th and 10th Avenues, the site benefits from exceptional connectivity. The 59th Street Columbus Circle subway station is just blocks away, offering access to multiple subway lines for seamless travel throughout New York City. The surrounding area is a vibrant mix of luxury residences, world-class retail, and cultural landmarks, including Central Park, Lincoln Center, and Carnegie Hall. Zoned C6-2, the property allows for high-density commercial or residential development, with significant air rights—14,058 square feet—unlocking future redevelopment potential. Investors can capitalize on the area’s strong demand for premium living and working spaces, supported by the City of Yes zoning initiatives that encourage housing growth and affordability. This asset combines stable income, prime location, and long-term upside, making it an ideal acquisition for institutional investors, private equity, or developers seeking a foothold in Manhattan’s dynamic market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,393

ZONING

C6-2

APN/PARCEL ID

1064-0046

ASK ABOUT THIS PROPERTY

Ronald SolarzNewmarkMore Info
212-372-2306

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Ronald SolarzNewmarkMore Info
212-372-2306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.