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Rent/Lease Apartment 505 W 54th St

Class B 10019 Buildings Hell'S Kitchen
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 505 W 54th St. This trend is projected to continue. Opportunities for subleases remain available at 505 W 54th St and in the nearby Hell'S Kitchen neighborhood.

Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

505 W 54th St Property Overview

Building Address: 505 W 54th St, New York NY 10019
Building Name: West 54th Apartments
Zip Code:10019
Neighborhood:Hell'S Kitchen
Borough:Manhattan
Stories:0
Year Built:1920
Building Class:B

505 W 54th Street, Manhattan, NYC

This building is located in the Hell's Kitchen neighborhood, specifically within the broader area of Clinton. It stands as part of the diverse architectural landscape of Manhattan.

  • Year Built: 2000
  • Stories: 12
  • Unit Count: 222 units
  • Lot Size: Approximately 20,063 square feet
  • Building Type: Elevator Apartment with Stores (D6 classification)
  • Original Purchase Date: February 27, 2013
  • Original Purchase Price: $113,077,567

Amenities

  • Clubhouse
  • Fitness Center
  • Lounge
  • Roof Deck
  • Controlled Access
  • Onsite Management
  • Package Service
  • Shared Laundry

Unit Features

  • Dishwasher
  • Microwave Oven
  • Refrigerator
  • High-Speed Internet
  • Cable
  • Air Conditioning
  • Large Closets
  • Private Terraces
  • Pass-Through Barbecue Patio

505 W 54th St, Manhattan, NY 10019 is known as West 54th Apartments. This address is located in the Hell's Kitchen area of Midtown, New York City.

Location Details: - Region: New York City, Manhattan - District: Hell's Kitchen - Neighborhood: Midtown

Property Features: - Studio to 2-bedroom apartments available - Pet-friendly - Central air conditioning - Shared laundry facilities - Garage parking available - Private terraces - Walk-in closets - Pass-through kitchens - Barbecue area on the patio

Amenities: - Fitness center - Concierge service - Bicycle storage - Recreation facilities - Roof deck


Building Amenities at 505 W 54th St, Manhattan:

  • Clubhouse
  • Fitness Center
  • Lounge
  • Community Rooms
  • Security Features:
    • Controlled Access
    • Doorman
    • Concierge
    • Live-in Super
  • Services & Facilities:
    • Elevator
    • Onsite Management
    • Package Service
    • Shared Laundry
    • Laundry in Building
    • Bike Room
    • Parking (Garage)
  • Unit Features:
    • Dishwasher
    • Microwave Oven
    • Refrigerator
    • Air Conditioning
    • Cable
    • High-Speed Internet
    • Granite Countertops
    • Stainless Steel Appliances
    • Hardwood Floors
    • Individually Controlled Heat & A/C
    • Private Balconies
    • Vaulted Ceilings
    • Walk-in Closets
  • Pet Policy:
    • Pets Allowed
    • Maximum 3 pets per unit
    • $75 monthly pet fee (dogs and cats)

Notable Tenants at 505 W 54th St, Manhattan, NYC

  • Zoo II
  • West 54th Apartments
  • Icon Parking
  • D'Agostino at 54th Street

For internet services at 505 W 54th St, Manhattan, NYC, residents can access several providers in the area:

Top Providers Near the Area:

Spectrum offers cable internet with speeds up to 1 Gbps, widely available in Manhattan, and is known for its competitiveness in pricing and bundles.

T-Mobile Fiber provides fiber internet with extensive coverage in Manhattan, offering high-speed connectivity.

EarthLink also offers fiber internet with nearly full coverage in Manhattan, enhancing the options for fast and reliable service.

Astound Broadband Powered by RCN and Verizon Fios are notable for their fiber services, though availability may vary by exact location within the building.


Transportation & Cross Streets

Address: 505 W. 54th St., Manhattan, NY 10019

Neighborhood: Midtown/Hell's Kitchen

  • Closest subway:
    • Broadway lines: A/B/C/D/1 at 59th St–Columbus Circle (0.36 mi)
    • 8th Avenue lines: C/E at 50th St (0.4 mi)
    • 7th Avenue lines: B/D/E at 7th Av (0.49 mi)
    • N/R/W at 57th St–7th Av (0.52 mi)
  • Cross streets: Between 10th & 11th Avenues
  • Bus access: M11 (10th/11th Avs), M50 (49th/50th Sts), M31 (57th St)
  • Accessibility: Quick cab access to all Manhattan landmarks per management
Nearby Office Tenants Leased
  • MMS USA Holdings leased 350,000 SF at 1675 Broadway
  • Evercore leased 350,000 SF at 55 East 52nd Street
  • Pfizer leased 350,000 SF at 219 East 42nd Street
  • Ralph Lauren leased 350,000 SF at 601 West 26th Street
  • VMLY&R; Commerce leased 341,102 SF at 1775 Broadway
  • Shearman & Sterling leased 338,000 SF at 599 Lexington Avenue
  • Limited Brands leased 320,000 SF at 1740 Broadway
  • Google leased 311,000 SF at 111 Eighth Ave
  • MTA- Metro North Railroad leased 310,305 SF at 420 Lexington Ave
  • VNS Health leased 308,115 SF at 220 East 42nd St
Nearby Retail Tenants Leased
  • Domus Design Collection leased 27,950 SF at 136 Madison Ave
  • T.J. Maxx leased 27,639 SF at 250 West 57th St
  • Bandier leased 27,500 SF at 670-674 Broadway
  • Crunch leased 27,450 SF at 1385 Broadway
  • Borders leased 27,416 SF at 795 Columbus Ave
  • Olive Gourmet leased 26,000 SF at 1630 East 15th St
  • Phillips de Pury & Co. leased 25,559 SF at 450 Park Ave
  • In Mocean leased 25,551 SF at 463 Seventh Avenue
  • Bloomingdale leased 25,085 SF at 2085 Broadway
  • NYC Elite leased 25,014 SF at 40 Worth St

VSA Consulting Group Testimonial

VSA Consulting Group testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a lease at our new space. They were fast and effecient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Jack Sichterman Partner/Managing Director