Conversion candidate on the block.
The buildings are located on the north side of West 55th Street between Fifth and Sixth Avenues, across the street from the Peninsula Hotel and blocks from Trump Tower and Plaza Hotel. The combined buildings total approximately 80,513 s/f, with an additional 19,908 s/f of air rights. The current configuration includes 64 apartments--44 free market, 17 rent stabilized and three rent controlled.
Small building floor plates are excellent for combining apartments to produce luxury homes ranging from approximately 2,200 to 4,000 s/f. Of the four current retail units, two are restaurants.
"15-19 West 55th Street would make a tremendous Midtown condominium in an attractive, walk-to-work neighborhood," said Massey Knakal Partner Shimon Shkury.
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|Title Annotation:||apartment buildings for sale by Massey Knakal Realty Services and Mark Zborovsky & Company|
|Publication:||Real Estate Weekly|
|Article Type:||Brief Article|
|Date:||Oct 26, 2005|
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