420 E 54th St nyc
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Lease Apartment 420 E 54th St

Rent Apartment 420 E 54th St Property Overview

Building Address: 420 E 54th St, New York NY 10022
Building Name: Oriana at River Tower
Zip Code:10022
Neighborhood:Sutton Place
Borough:Manhattan
Stories:0
Year Built:1982
Building Class:A


RiverTower - 420 East 54th Street, New York, NY 10022

This building, also known as Oriana, is located in the Sutton Place neighborhood of Manhattan. It was built in 1982 and offers a sophisticated lifestyle with easy access to transportation.

RiverTower stands 37 stories high and features a mix of residential and commercial spaces. It was last altered in 2016, reflecting a significant renovation effort.

The building's location provides residents with proximity to upscale dining, cultural institutions, and parks, blending tranquility with urban convenience.

The property was purchased for $390,000,000 in January 2016, showing its significant value in the Manhattan real estate market.

RiverTower has a total floor area of 445,735 square feet, with a tax assessor's market value of $167,734,000.

420 E 54th St, Manhattan, NYC, is also known as RiverTower and is located in the Sutton Place neighborhood. The building was constructed in 1982 and has a total area of 445,735 square feet. It features a mix of residential and commercial spaces, with 37 stories. The property was last purchased for $390 million and has a current market value of over $167 million.


Amenities at 420 E 54th St, Manhattan, NYC:

  • 24-hour Concierge
  • Doorman
  • Bike Room
  • Laundry in Building
  • Package Room
  • Parking (Valet and Lot)
  • Storage Space
  • State-of-the-Art Fitness Center
  • Residents' Lounge
  • Sky Lounge with Breathtaking Views
  • Expansive Roof Deck
  • Expansive Outdoor Terrace
  • Library
  • Pet Spa
  • Pet-Friendly (Dogs and Cats Allowed)
  • Children's Playroom

420 East 54th Street, known as RiverTower, is located in the prestigious Sutton Place neighborhood of Manhattan, NYC. This building is primarily residential, with a few commercial spaces available for lease.

Key Features:

  • Building Class: Elevator Apartment, Semi-Fireproof with Stores (D7)
  • Stories: 37
  • Year Built: 1982
  • Lot Size: 28,308 square feet
  • Building Size: 445,735 square feet

While specific office tenants are not listed, the building is part of a highly sought-after area in Midtown East, offering a blend of tranquil living and urban accessibility.


420 E 54th St, Manhattan, NYC, offers a refined living experience with The Oriana, featuring modern residences and exclusive amenities. However, there is no direct information available about internet providers in the building. Residents typically enjoy access to multiple internet service providers in Manhattan, but specific details for The Oriana may need to be verified directly with building management.

420 E 54th St, Manhattan, NYC offers convenient transportation options:

  • Closest subway station: Lexington Av/53 St, located 0.3 miles (0.5 km) away with access to lines E, M, and 6.
  • Bus route M15 available at 1 Av/E 52 St, a short walk away.
  • LaGuardia Airport is approximately 6.9 miles (11 km) away, a 15-minute drive.
  • Newark Liberty International Airport is about 15.8 miles (25.4 km) away, a 23-minute drive.

Cross streets include 53rd Street and First Avenue, providing easy access to various local amenities.

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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

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.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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