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Rent/Lease Office 254 W 54th St

$ / SF	SF	Monthly Rent
$ 49.5

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
W 57th St & Seventh Avenue	$ 59	10,800	$ 53,100
Broadway & West 51st Street	$ 29	56,200	$ 135,816
W 57th St & Eighth Avenue	$ 60	11,500	$ 57,500

Address	$ / SF	SF	Monthly Rent
W 57th St & Eighth Avenue	$ 39	5,000	$ 16,250

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 49th Street	$ 76	2,200	$ 14,025

Address	$ / SF	SF	Monthly Rent
W 54th St & Eight Avenue	$ 50	7,500	$ 31,250

Address	$ / SF	SF	Monthly Rent
W 54th St & Eight Avenue	$ 51	4,300	$ 18,275

Address	$ / SF	SF	Monthly Rent
W 57th St & Avenue of America	$ 531	2,300	$ 101,775

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Tipo de espacio	Clase A/mes	Clase B/mes	Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
Suites

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Columbus Cir & West 58th Street	$ 87	13,000	$ 94,250
W 57th St & Seventh Avenue	$ 97	10,900	$ 88,108
Broadway & West 53rd Street	$ 72	10,800	$ 64,350
7th Ave & West 56th Street	$ 105	9,200	$ 80,500

Address	$ / SF	SF	Monthly Rent
W 57th St & Seventh Avenue	$ 79	2,600	$ 17,116
Columbus Cir & West 58th Street	$ 78	4,100	$ 26,820
Broadway & West 54th Street	$ 96	5,700	$ 45,362
Broadway & West 53rd Street	$ 50	3,300	$ 13,612
Broadway & West 57th Street	$ 65	4,300	$ 23,291
7th Ave & West 56th Street	$ 85	2,900	$ 20,541
W 56th St & Between 6th Avenue	$ 100	3,500	$ 29,312

Address	$ / SF	SF	Monthly Rent
Broadway & West 57th Street	$ 65	1,800	$ 9,750

Address	$ / SF	SF	Monthly Rent
W 57th St & Avenue of Americas	$ 55	8,700	$ 39,875
W 54th St & Ninth Avenue	$ 55	16,500	$ 75,625

Address	$ / SF	SF	Monthly Rent
Seventh Ave & West 54th Street	$ 49	4,100	$ 16,741
W 57th St & Avenue of Americas	$ 60	4,200	$ 21,000

Address	$ / SF	SF	Monthly Rent
Seventh Ave & West 54th Street	$ 46	2,000	$ 7,666
W 57th St & Seventh Avenue	$ 60	2,200	$ 11,000
W 57th St & Avenue of Americas	$ 61	1,500	$ 7,625
Broadway & Between West 62nd Street	$ 54	2,200	$ 9,900

Address	$ / SF	SF	Monthly Rent
W 60th St & Broadway	$ 45	13,800	$ 51,750
W 52nd St & Ninth Avenue	$ 46	8,800	$ 33,733

Address	$ / SF	SF	Monthly Rent
Broadway & West 53rd Street	$ 39	5,800	$ 18,850
W 52nd St & Ninth Avenue	$ 49	4,200	$ 17,150

Address	$ / SF	SF	Monthly Rent
W 52nd St & Ninth Avenue	$ 48	1,800	$ 7,125

Rent Retail 254 W 54th St

Rent Medical Space at 254 W 54th St

Medical Direct Offices
Medical Subleases Offices

Nearby Tenants

Nearby Office Tenants Leased

Young & Rubicam Group leased 124,760 SF at 3 Columbus Circle
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Convene leased 116,000 SF at 530 Fifth Avenue
Bank of America leased 115,000 SF at 1133 Avenue of the Americas
Dow Jones & Co. leased 115,000 SF at 1155 Sixth Ave
Comcast leased 100,000 SF at 1407 Broadway
Spaces leased 99,000 SF at 787 11th Avenue
United Talent Agency leased 97,249 SF at 888 Seventh Ave

Nearby Retail Tenants Leased

Montenapo by Bice leased 5,274 SF at 620 Eighth Ave
TD Americatrade leased 5,227 SF at 1155 Avenue of the Americas
AT&T; leased 5,000 SF at 3 Times Sq
TD Bank leased 4,662 SF at 224 West 57th St
CRT Restaurant Inc. leased 4,525 SF at 110 West 40th St
MedRite leased 4,200 SF at 330 West 42nd St
New Balance leased 4,100 SF at 745 Seventh Ave
Brooks Brothers leased 3,967 SF at 1270 Sixth Ave
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

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 254 West 54th Street. This trend is projected to continue. Opportunities for subleases remain available at 254 West 54th Street and in the nearby Columbus Circle neighborhood.

Find My Space!

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Property Summary

254 West 54th Street Property Overview

Building Address:	254 W 54th St, New York NY 10019
Building Name:	Studio 54 Building
Building Alternate Address:	254 W 54th St
Zip Code:	10019
Neighborhood:	Columbus Circle
Borough:	Manhattan
Stories:	17
Year Built:	1926
Building Class:	B
Block & lot:	01025-0058

254 West 54th Street in Manhattan, New York City, originally opened in 1927 as the Gallo Opera House. Designed by architect Eugene De Rosa, the building featured a 1,400-seat theater as part of a 16-story office building. The interior was designed by Ida Louise Killam with a gold, blue, and rose palette, including walnut paneling and a vaulted dome ceiling measuring 50 feet across. The theater originally contained lounges, promenades, and an opera museum below the main floors.

The Gallo Opera House opened with a production of La bohème by the San Carlo Grand Opera Company but faced financial difficulties after only a few years, leading to foreclosure in 1929. During the 1930s, the theater underwent several name changes and uses, including as the New Yorker Theatre and as a venue for the WPA Federal Music Project. It housed productions such as an all-black version of The Swing Mikado before falling vacant in the early 1940s.

Mid-century, the building was used by CBS as Studio 52 for radio and television broadcasts, with a seating capacity adjusted to 828 across three levels. In the late 1970s, the building gained international fame as Studio 54, a legendary nightclub that became a symbol of disco culture and nightlife, attracting celebrities and renowned figures of the era.

Following the nightclub era, the venue was reconverted back into a Broadway theater, currently operating with about 1,006 seats over two levels. The building stands as a significant cultural landmark in Midtown Manhattan, reflecting nearly a century of entertainment history from opera and theater to broadcast media and club culture.

254 West 54th Street, Manhattan, New York, NY 10019

Building Name: Studio 54 Building

Neighborhood: Theatre District - Times Square, Midtown Manhattan

Building Type: Office with Commercial

Building Class: B

Year Built: 1926

Stories: 17

Building Size: Approximately 60,000 - 83,000 square feet

Typical Floor Size: About 4,525 square feet

Ceiling Height: 12 feet (unfinished)

Lot Size: Approximately 5,906 square feet

Tax Information (2024-2025):

Property Tax: $1,052,411
Assessed Value: $9,789,300
Market Value: $21,754,000

Amenities & Features

24 Hour Access
Air Conditioning
High Speed Internet Access
Hardwood Floors
Doorman
Elevator
Surface and Covered Parking available

Location Highlights

Situated in Midtown Manhattan, within walking distance to multiple subway lines:

B, D, E lines at 7th Avenue (under 500 feet)
C, E lines at 50th Street (0.13 miles)
N, Q, R, W lines at 57th Street (0.13 miles)
1, A, C, B, D lines at 59th Street - Columbus Circle (0.15 miles)

Nearby parks include Central Park (0.26 miles) and Father Duffy Square (0.38 miles).

Close to cultural landmarks such as the Museum of Modern Art (MoMA) and Carnegie Hall.

Residential Amenities (Apartments.com listing):
- 24-hour full service doorman
- State-of-the-art fitness center
- Resident's lounge
- Furnished sundeck
- Laundry facility
- No fee rentals
- Air conditioning
- Dishwasher
- Hardwood floors
- Granite countertops
- Stainless steel appliances
Commercial Amenities (LoopNet/Optimal Spaces listings):
- 17-story office building (Class B)
- 24-hour access
- Proximity to bus/metro lines (7th Ave B/D/E subway under 500ft)
- Surface & covered parking options
- 4,525 SF typical floor size
- 12' unfinished ceiling height
Cultural Amenities (54 Below):
- Broadway-themed supper club onsite
- Professional performance venue
- Fine dining establishment

Office Tenants at 254 W 54th St, Manhattan, NYC

Richard Frankel Productions
Prizmah: Center for Jewish Day Schools
RAVSAK

Internet providers available at 254 W 54th St, Manhattan, NYC, include:

AT&T U-verse: Offers reliable high-speed internet with download speeds up to 1 Gbps.

254 W 54th St, Manhattan, NYC is located near several transportation options:

Address: 254 W 54th St, Manhattan, NYC

Cross Streets: Broadway and 8th Avenue

Public Transportation:

Subway: Closest stops include 50 St (1, B, D, W lines) and 57 St – 7 Av (N, Q, R, W lines).
Bus: M104, M20, M31, M5, and QM10 buses are nearby.
Train: PATH and other commuter trains are accessible via nearby routes.

Parking: Options available at nearby garages such as City Parking on 8th Avenue.

Nearby Office Tenants Leased

Young & Rubicam Group leased 124,760 SF at 3 Columbus Circle
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Convene leased 116,000 SF at 530 Fifth Avenue
Bank of America leased 115,000 SF at 1133 Avenue of the Americas
Dow Jones & Co. leased 115,000 SF at 1155 Sixth Ave
Comcast leased 100,000 SF at 1407 Broadway
Spaces leased 99,000 SF at 787 11th Avenue
United Talent Agency leased 97,249 SF at 888 Seventh Ave

Nearby Retail Tenants Leased

Montenapo by Bice leased 5,274 SF at 620 Eighth Ave
TD Americatrade leased 5,227 SF at 1155 Avenue of the Americas
AT&T; leased 5,000 SF at 3 Times Sq
TD Bank leased 4,662 SF at 224 West 57th St
CRT Restaurant Inc. leased 4,525 SF at 110 West 40th St
MedRite leased 4,200 SF at 330 West 42nd St
New Balance leased 4,100 SF at 745 Seventh Ave
Brooks Brothers leased 3,967 SF at 1270 Sixth Ave
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

Nearby Tenants

Nearby Office Tenants Leased

Young & Rubicam Group leased 124,760 SF at 3 Columbus Circle
Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
Advance Publications leased 120,000 SF at 1166 Sixth Ave
Gensler leased 119,414 SF at 1700 Broadway
Convene leased 116,000 SF at 530 Fifth Avenue
Bank of America leased 115,000 SF at 1133 Avenue of the Americas
Dow Jones & Co. leased 115,000 SF at 1155 Sixth Ave
Comcast leased 100,000 SF at 1407 Broadway
Spaces leased 99,000 SF at 787 11th Avenue
United Talent Agency leased 97,249 SF at 888 Seventh Ave

Nearby Retail Tenants Leased

Montenapo by Bice leased 5,274 SF at 620 Eighth Ave
TD Americatrade leased 5,227 SF at 1155 Avenue of the Americas
AT&T; leased 5,000 SF at 3 Times Sq
TD Bank leased 4,662 SF at 224 West 57th St
CRT Restaurant Inc. leased 4,525 SF at 110 West 40th St
MedRite leased 4,200 SF at 330 West 42nd St
New Balance leased 4,100 SF at 745 Seventh Ave
Brooks Brothers leased 3,967 SF at 1270 Sixth Ave
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

Lempert Brothers Intl USA. Testimonial

To Whom It May Concern: We had the pleasure of working with Stephen Sunderland months ago when we were in search of new office space for our growing company. He was of great assistance with all the questions we had about today's real estate market. His accurate analysis of the market and the time he took to listen and understand our motivations was a great advantage We required an office building that would allow us to expand and support all of our companies needs. Stephen Sunderland walked us down every road we needed to go and many times paved the way making it easier on us than could have been expected. He advised us and guided us through all the steps. He worked with us closely and made sure that he knew exactly what we were looking for. He provided us with real estate options and solutions that would save us both money and time down the road as our company grew. His dedication and commitment to his clients are rare commodities in today's self-interested world. If you see fit to give him a chance to serve you, we guarantee, you'll never look for another real estate agent. Without reservation, we strongly recommend the services of Stephen Sunderland and would most definitely work with him again, if his assistance is called for. If we could further assist you, please do not hesitate to contact us. Sincerely, S. George Miller President

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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) FORLEASE 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 Fee Free Expert Representation Public Websites (Limited/Dated) BROKER DATABASES & NETWORKS (Off-Market, Subleases, Future Availabilities) FREE RENT TI ALLOWANCE (Build-out Cash) OPEX CAPS (Limit Increases) LEASE FLEXIBILITY (Renewal/Expansion Options) 5. Time Savings & Process Management 6. Mitigating Risk (the “Gotchas”) Searching, Scheduling, RFPs Outsourced RE Dept. (Curated Options, Timeline Management) Restoration Clauses Holdover Penalties LEASE PROTECTION Spots Pitfalls in LOI & Lease 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.