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Rent/Lease Office 59 E 54th St

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 111.5
25,000
$ 232,291
Avenue of the Americas & West 55th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157.5
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
3,500
$ 23,187
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Address $ / SF / Yr SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 65
2,100
$ 11,375
E 56th St & Park Avenue $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 59 E 54th St

Rent Retail 59 E 54th St

Rent Medical Space at 59 E 54th St

Nearby Office Tenants Leased
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
  • Discovery leased 190,000 SF at 850 Third Avenue
  • Citibank leased 176,000 SF at 731 Lexington Ave
  • City University of New York leased 170,953 SF at 205 East 42nd St
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
Nearby Retail Tenants Leased
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave
$ / 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 59 East 54th Street. This trend is projected to continue. Opportunities for subleases remain available at 59 East 54th Street and in the nearby Plaza District neighborhood.
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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

59 East 54th Street Property Overview

Building Address: 59 E 54th St, New York NY 10022
Building Alternate Address: 59 E 54th St
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:9
Year Built:1923
Building Class:B
Block & lot:01290-0028

History of 59 East 54th Street, Manhattan, NYC

59 East 54th Street is a nine-story building in Midtown East, Manhattan, constructed in 1923. It was developed by the Fred F. French Company, a prominent developer and architect of the time known for blending traditional architectural styles with modern design elements.

The site previously consisted of three four-story brownstone houses at Nos. 59 through 63 East 54th Street, which were replaced by the current building. The original dwellings, familiar from photos dating to the 1930s, reflected the residential character of the neighborhood before the 1920s shift toward apartment living.

The new building was designed with a mix of Renaissance and Elizabethan Revival styles, featuring red brick facades trimmed in limestone, stone quoins along the sides, and carved balconettes on the fourth floor foreshadowing the emerging Art Deco movement. This architectural approach distinguished it from other residential buildings of the era.

Upon completion in February 1923, 59 East 54th Street attracted affluent residents, including retired brokers, bankers, and well-known social figures. The building offered a modern apartment living option at a time when private homes were being replaced by such developments in the 54th Street area between Madison and Park Avenues.

Notable residents over the decades included the artist Alfred Stieglitz and painter Georgia O’Keeffe, who moved in during the early 1940s. The building has maintained its residential and commercial presence in Midtown East over the past century, contributing to the area's vibrant cultural and social fabric.

59 East 54th Street

Address: 59 E 54th St, Manhattan, NY 10022
Neighborhood: Midtown East
Year Built: 1923
Height: 9 stories
Building Class: B (O6 per zoning)
Size: 42,214 SF (4,690 SF typical floor)
Lot Area: 6,627 SF (66ft x 100.42ft)
Units: 36 commercial units
Owner: 54 Associates
Transportation: E/M trains (Madison/53rd St, 0.06mi)

Building Amenities at 59 E 54th St, Manhattan, NYC

59 East 54th Street is a midrise commercial building located in the Midtown East Plaza District of Manhattan.

  • 9 stories with a total of 36 units
  • Built in 1923
  • Approximately 42,214 square feet of commercial space
  • 24/7 tenant access
  • Private executive offices available
  • Shared quiet office suites
  • Open and accessible reception area
  • Private bathrooms within suites
  • Located in a classic New York neighborhood with a contemporary vibe close to iconic Midtown East sites

59 E 54th St in Manhattan, NYC is a Class B office building located in the Plaza District. The building offers various office spaces with features such as 24/7 tenant access, private executive offices, and conference rooms. It has nine stories and was built in 1923. The property is suited for various business types and offers adaptable spaces for medical, creative, or traditional office use.


Internet Providers Available at 59 E 54th St, Manhattan, NYC

Residents and businesses at 59 E 54th Street in Manhattan have access to several high-speed internet providers offering a range of connection types including fiber and cable.

Verizon

Verizon offers fiber-optic internet service with speeds up to 2.3 Gbps, providing ultra-fast and reliable connectivity suitable for demanding applications.

Spectrum

Spectrum provides cable internet service with speeds up to 1 Gbps. Their plans typically include no data caps and options for bundle packages with TV and phone services.

Astound Broadband Powered by RCN

Astound Broadband offers both cable and fiber internet services with speeds up to 1.5 Gbps, known for competitive pricing and unlimited data usage.

Earthlink

Earthlink provides fiber internet service in Midtown Manhattan, including the area around 59 E 54th St, with speeds up to 1.87 Gbps.

Additional Providers in Midtown Manhattan

  • T-Mobile Home Internet (Fixed Wireless) – Speeds up to 100 Mbps
  • STARRY (Fixed Wireless) – Speeds up to 500 Mbps
  • Nuvisions DSL – Speeds up to 515 Mbps
  • HughesNet and Viasat (Satellite) – Speeds up to 100 Mbps

These providers collectively offer a broad range of internet options at 59 E 54th St, from ultra-high-speed fiber to wireless and satellite services, catering to different needs and budgets.


59 E 54th St, Manhattan, NYC

Transportation:

  • Subway:
    • Lines 4, 5, 6, E, M
    • Nearest stations:
      • 5 Avenue-53 Street
      • Lexington Avenue-53 Street
  • Bus:
    • Routes: 57TH ST, BM2, M103, M2, M31, M5, M7, Q32, BM1, BM3, BM4, BM5
    • Nearest stops:
      • 5 Av/W 54 St
      • 5th Ave & W 54th St
      • 5 Av/W 55 St
      • 5 Av/W 56 St
  • Train:
    • Lines: BABYLON BRANCH, FAR ROCKAWAY BRANCH, HARLEM, PATH

Cross Streets:

  • East Boundaries: Madison Avenue
  • West Boundaries: Fifth Avenue
Nearby Office Tenants Leased
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
  • Discovery leased 190,000 SF at 850 Third Avenue
  • Citibank leased 176,000 SF at 731 Lexington Ave
  • City University of New York leased 170,953 SF at 205 East 42nd St
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
Nearby Retail Tenants Leased
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave

Vaultus Professional Service Testimonial

Vaultus Professional Service testimonial To whom it may concern: I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space. The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent. I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely, Joseph J. Tutrone Vice President Vaultus Professional Service
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