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400 E 54th St
New York, NY 10022 Sutton Place

$6,500,000 USD

Apartments Condo For Sale  •  29,830 SF

Property Details

  • Property Type Apartments
  • Total Building Size 236,322 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 1972
  • Zoning R10
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Cncr Floor - Unit COMM-B Flex 29,830 SF $6,500,000 USD
  • Unit Size: 29,830 SF
  • Condo Use: Flex
  • Price: $6,500,000 USD
  • Sale Type: Owner User
  • Price/SF: $217.90 USD
Description
For sale is a commercial condominium operating as a public parking garage located at the base of a luxury high-rise residential condominium of 228 units; ramped, bi-level; permitted for 140 vehicles; can accommodate stackers; delivered with Local Law 126 complete; cancellable management agreement; no resident set-asides or insider pricing; vehicle connectivity/pass-thru to 411 East 53rd garage (CofO for 72 vehicles)

Sale Notes
All cash; no contingencies; no owner financing
Can be purchased alone or with adjoining 411 East 53rd St garage (72 vehicles) at  $4.5 million
Common charges (2026): $82,893.12
Taxes ('25/'26): $218,437.02

Description 

Ramped, bi-level garage; permitted for 140 vehicles; can accommodate stackers; delivered with Local Law 126 complete; cancellable management agreement; no resident set-asides or insider pricing; vehicle connectivity/pass-thru to 411 East 53rd garage (also for sale; CofO for 72 vehicles); can be combined with adjacent and connected 411 East 53rd Street garage (also for sale), for a total of 212 permitted parking and ingress/egress on East 53rd and East 54th. Both garages can accommodate stackers.
Common charges (2026): $82,893.12
Taxes ('25/'26): $218,437.02

Major Tenants

Tenant SF Occupied Lease End Date
Apex Chiropractic Nyc Pllc
Consult Podiatry
Craig, Denise Rdh
George Tsinias
George V Lombardi
Montana Rader
Nets That Work Co
Sabatino North America
SP Plus
Woodworks Construction Co Inc

Amenities

  • Air Conditioning
  • Cable Ready
  • Concierge
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Property Manager on Site
  • Washer/Dryer
  • Heating
  • Doorman
  • Eat-in Kitchen
  • Granite Countertops
  • Refrigerator
  • Tub/Shower
  • Views
  • Storage Space
  • Bicycle Storage
  • Elevator

Public Transportation

Commuter RailDriveWalkDistance
4 min 16 min 0.8 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Lexington Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
51 Street (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
59 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
Lexington Avenue-59 Street (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 15 min - 6.7 mi
Newark Liberty International 24 min - 15.9 mi
John F Kennedy International 27 min - 16.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kenneth Hochhauser 212-792-2605 RTL Partners LLC
Kenneth Hochhauser 212-792-2605 RTL Partners LLC