Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent/Lease Apartment 159-161 W 54th St

Class B 10019 Buildings Central Park South
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 159-161 W 54th St. This trend is projected to continue. Opportunities for subleases remain available at 159-161 W 54th St and in the nearby Central Park South neighborhood.

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)

159-161 W 54th St Property Overview

Building Address: 159-161 W 54th St, New York NY 10019
Building Name: The Congress
Zip Code:10019
Neighborhood:Central Park South
Borough:Manhattan
Stories:0
Year Built:1923
Building Class:B

History of 159-161 West 54th Street, Manhattan, NYC
The building located at 159-161 West 54th Street, also known as The Congress, is situated in the vibrant Theatre District near Times Square in Manhattan. It was first constructed in 1923 and features 15 stories . The structure was built during a period of significant architectural and cultural development in New York City.
Architectural Highlights
Although specific details about the architect are not provided for this exact address, nearby buildings from the same era often showcased elegant pre-war design styles. The Congress building includes a mix of residential and commercial units, enhancing the area's diverse character.
Renovations and Alterations
The building underwent significant alterations in 1982, reflecting efforts to modernize or adapt the structure to changing urban needs . This renovation likely preserved the building's historical integrity while incorporating contemporary amenities.
Location and Neighborhood
Located at the junction of West 54th Street and 7th Avenue, The Congress is nestled within a bustling area known for its theaters, restaurants, and cultural attractions. This strategic location makes it an ideal residence for those seeking proximity to New York City's vibrant cultural scene.
Recent Developments
As of 2023, the property was sold for $40 million, highlighting its enduring value in the Manhattan real estate market .

159-161 W 54th St, New York, NY 10019, is a notable property located in the Central Park South neighborhood, also known as the Theatre District-Times Square area. This property is often referred to in relation to "The Congress" building. It features a mixed-use setup with a total area of 85,309 square feet, originally built in 1923. The building stands 15 stories tall and is classified as an elevator apartment with stores. Notably, it was sold for $36,500,000, and later records indicate a sale at $40,000,000 in 2023.


Buildings at 159-161 W 54th St, Manhattan, offer the following amenities:

  • 24 Hour Access
  • Bike Room
  • Concierge
  • Doorman
  • Elevator
  • Laundry Facilities
  • Live-in Super
  • Package Room
  • Wheelchair Access

159-161 W 54th St, Manhattan, NYC

This property, known as The Congress, is located in the Central Park South neighborhood of Manhattan. It was built in 1923 and houses multifamily apartments.

Location Details:

  • Address: 159-161 W 54th St, New York, NY 10019
  • Neighborhood: Central Park South (though sometimes considered part of the Theatre District)
  • Borough: Manhattan

Property Facts:

  • Year Built: 1923
  • Building Size: Approximately 85,309 SF
  • Stories: 15

Recent Transactions:

The property was recently sold for $40,000,000 in August 2023.


159-161 W 54th St, Manhattan, NYC, is likely to have access to various internet providers common in Manhattan. These include:

  • T-Mobile Fiber: Extensively available across Manhattan.
  • Spectrum: Offers cable and fiber options.
  • Verizon: Known for its reliable Fios service.
  • Optimum: Provides cable and fiber connections.

159-161 W 54th St, Manhattan, NYC, is strategically located with excellent transportation links.

Transportation Options: - Subway: The nearest subway stations include 50 St, 59 St-Columbus Circle, and 57 St-7 Av. Lines A, B, E, W, and C are accessible from these stations. - Bus: Convenient bus stops include 7 Av/W 54 St (M104), 8 Av/W 52 St, and others, making it easy to navigate the city.

Cross Streets: The property is situated at the intersection of West 54th Street and Seventh Avenue, with additional nearby cross streets including Eighth Avenue and Ninth Avenue.

Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
  • American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
  • Spring Global leased 80,000 SF at 104 West 40th St
  • Complex Networks leased 80,000 SF at 229 West 43rd Street
  • Kasper leased 77,413 SF at 1412 Broadway
  • Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
  • Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
  • Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
  • Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • Ricky's leased 3,500 SF at 550 Fifth Ave
  • Fossil leased 3,241 SF at 1585 Broadway
  • Pringles leased 3,215 SF at 1450 Broadway
  • Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
  • Princi leased 2,864 SF at 1633 Broadway
  • Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
  • Dos Toros leased 2,600 SF at 114 West 41st Street
  • Starbucks leased 2,600 SF at 1700 Broadway

Abrams Garfinkel & Rosen Testimonial

Abrams Garfinkel & Rosen testimonial Dear Stephen: On behalf of my partners and myself, I want to thank you for your representation, assistance and support in connection with our search for new office space. We have worked with many brokers over the last eighteen months, but you were the only one who truly listened and tried to understand what our requirements, limitations and needs were. As a result of your diligence and persistence, we have been able to sign a lease for a space that meets all of our physical, aesthetic and economic criteria. You have done an excellent job on our behalf, and we are truly appreciative. Please feel free to share this letter with any of your potential clients, as we would wholeheartedly recommend your services to others. Once again, thank you for everything. Sincerely, Neil B. Garfinkel