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Investment Highlights
- 100% Vacant
- Investment or User Opportunity
- 10,338 Gross Square Feet
- Elevator Building
- Located Between 5th & 6th Avenues
- 9,742 SF of Air Rights
Executive Summary
41 West 56th Street spans approximately 10,338 gross square feet and benefits from approximately 9,742 square feet of unused air rights, offering meaningful long-term upside and potential future expansion optionality, subject to zoning and approvals. The building is serviced by a dual entrance elevator, a strong differentiator for both office and retail tenancy.
Strategically positioned in Central Midtown, the property sits within one of Manhattan’s most established luxury and corporate corridors, supported by premier co tenancy across retail, dining, and hospitality. Nearby destination retailers and lifestyle anchors, along with world class hotels and acclaimed restaurants, drive consistent foot traffic and reinforce the area’s appeal for high quality retail, office, and experiential users.
Overall, 41 West 56th Street represents a compelling investment or user opportunity in a prime Midtown location, offering immediate vacancy, an elevator, and significant embedded upside through repositioning and future air rights potential.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
| Space | Size | Space Use | Condition | Available |
| Basement | 2,500 SF | Office/Retail | Full Build-Out | Now |
| 1st Floor | 2,500 SF | Office/Retail | Full Build-Out | Now |
| 2nd Floor | 2,500 SF | Office/Retail | Full Build-Out | Now |
| 3rd Floor | 2,000 SF | Office/Retail | Full Build-Out | Now |
| 4th Floor | 2,000 SF | Office/Retail | Full Build-Out | Now |
| 5th Floor | 2,000 SF | Office/Retail | Full Build-Out | Now |
Basement
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
Basement
| Size | 2,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
1st Floor
| Size | 2,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
2nd Floor
| Size | 2,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
3rd Floor
| Size | 2,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
4th Floor
| Size | 2,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
5th Floor
| Size | 2,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Available for the first time in 20 years Full building opportunity Turn-key Showroom Bathrooms and kitchenettes on each floor Dual entrance elevator in place
Property Taxes
| Parcel Number | 1272-0013 | Improvements Assessment | $897,646 CAD |
| Land Assessment | $785,053 CAD | Total Assessment | $1,682,699 CAD |
Property Taxes
Presented by
41 W 56th St
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