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Rent Office 254 West 54th Street

$ / SF SF Monthly Rent
$ 50
4,200
$ 17,325

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Eighth Avenue $ 60
11,500
$ 57,500
Address $ / SF SF Monthly Rent
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Park Ave & East 54th Street $ 66
4,000
$ 22,000
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 75
2,200
$ 13,750
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1854 $ 775
Interior office/person $ 1350 $ 1354 $ 525
Team Rooms $ 10100 $ 8604 $ 5025
Suites $ 20100 $ 12604 $ 7025

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 $ 71
10,800
$ 63,900
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 $ 79
4,100
$ 26,991
Broadway & West 54th Street $ 96
5,700
$ 45,600
Broadway & West 53rd Street $ 50
3,300
$ 13,750
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 $ 101
3,500
$ 29,458
Address $ / SF SF Monthly Rent
Broadway & West 57th Street $ 65
1,800
$ 9,750
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 63
8,000
$ 42,000
Address $ / SF SF Monthly Rent
E 52nd St & Fifth Avenue $ 43
3,400
$ 12,183
E 55th St & Third Avenue $ 47
2,900
$ 11,358
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 59th St & Second Avenue $ 93
3,200
$ 24,880
Address $ / SF SF Monthly Rent
W 57th St & Seventh Avenue $ 60
2,200
$ 11,000
Address $ / SF SF Monthly Rent
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 $ 50
4,200
$ 17,325
Address $ / SF SF Monthly Rent
W 52nd St & Ninth Avenue $ 46
1,800
$ 6,900
Tenant Broker’s Perspective: office buildings being demolished or converted to residential 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.
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254 West 54th Street nyc
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Lease 254 West 54th Street

Rent 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.


254 West 54th Street Amenities

  • 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 at 254 West 54th Street

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 West 54th Street Access

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.


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