57 East 55th Street

For Sale

57 East 55th Street, New York, NY 10022

This New York property for sale is located at 57 East 55th Street. The current listed sale price for 57 East 55th Street is $21,900,000. 57 East 55th Street is situated on a lot that is 0.33 acre in size.

Contacts

broker
Bob Knakal

BKREA

Property Details

  • Property Type Other
  • Property Size 14,541 SF
  • Lot Size 0.33 Acre
  • Date Updated Mar 3, 2025
BKREA has been retained on an exclusive basis to arrange for the sale of 57 East 55th Street (“The Property”). This historic limestone building, known as The Friars Club, spans 14,541 square feet across five floors and features 33 feet of frontage. For over a century, The Friars Club served as a hub for legendary entertainers and industry professionals. It stands as one of New York’s most significant cultural institutions, having played a pivotal role in shaping entertainment history. Countless entertainment icons have called the club their own, including Frank Sinatra, Jerry Lewis, Dean Martin, Milton Berle, and Johnny Carson. The Friars Club presents a once-in-a lifetime opportunity to own a piece of New York City’s cultural and architectural history. The Property is in the heart of Midtown Manhattan, one of the City’s most prestigious locations. It stands two blocks from the 53rd Street E and M Trains, three blocks from the 4, 5, 6 trains at Lexington and 59th Street.The Friars Club sits in one of the world's most prestigious shopping districts, featuring the flagship locations for Louis Vuitton, Gucci, Prada, and Tiffany & Co. Additionally, The Friars Club is surrounded by some of Manhattan’s most acclaimed restaurants and cultural institutions ranging from the upscale Greek seafood restaurant, Avra and The Modern which features contemporary American cuisine at the Museum of Modern Art (MoMa). Whether continuing its legacy as a private club, a high-end restaurant and fine dining establishment, or a combination of both. It can also be reimagined as an opulent single-family mansion, or converted into a consulate or embassy; this property offers unmatched potential and flexibility in one of the world’s most prestigious neighborhoods.BKREA has been retained on an exclusive basis to arrange for the sale of 57 East 55th Street (“The Property”). This historic limestone building, known as The Friars Club, spans 14,541 square feet across five floors and features 33 feet of frontage. For over a century, The Friars Club served as a hub for legendary entertainers and industry professionals. It stands as one of New York’s most significant cultural institutions, having played a pivotal role in shaping entertainment history. Countless entertainment icons have called the club their own, including Frank Sinatra, Jerry Lewis, Dean Martin, Milton Berle, and Johnny Carson. The Friars Club presents a once-in-a lifetime opportunity to own a piece of New York City’s cultural and architectural history. The Property is in the heart of Midtown Manhattan, one of the City’s most prestigious locations. It stands two blocks from the 53rd Street E and M Trains, three blocks from the 4, 5, 6 trains at Lexington and 59th Street.The Friars Club sits in one of the world's most prestigious shopping districts, featuring the flagship locations for Louis Vuitton, Gucci, Prada, and Tiffany & Co. Additionally, The Friars Club is surrounded by some of Manhattan’s most acclaimed restaurants and cultural institutions ranging from the upscale Greek seafood restaurant, Avra and The Modern which features contemporary American cuisine at the Museum of Modern Art (MoMa). Whether continuing its legacy as a private club, a high-end restaurant and fine dining establishment, or a combination of both. It can also be reimagined as an opulent single-family mansion, or converted into a consulate or embassy; this property offers unmatched potential and flexibility in one of the world’s most prestigious neighborhoods.
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Highlights

  • User Potential
  • The property offers a range of potential uses,
  • including an exclusive private club, a single
  • family mansion, a high-end restaurant, a
  • boutique hotel, a cigar club, a consulate or
  • embassy, or a combination of these uses.
  • Brand & Legacy Value
  • An internationally recognized address
  • with a 120-year history of cultural
  • significance, the property carries a
  • wealth of built-in exposure.
  • Strong Market Fundamentals
  • EAST 54TH STREET
  • Market Timing
  • Demand for exclusive membership clubs is
  • growing, alongside a resurgence in private dining
  • and entertainment venues. Additionally, New
  • York City’s tourism sector is stronger than ever,
  • further supporting the viability of these uses.
  • Operational Flexibility
  • The property holds existing certificates of occupancy
  • for multiple uses and features an established
  • entertainment and food service infrastructure. Its
  • flexible floor plans support various concepts, offering
  • the opportunity to phase improvements and
  • incorporate mixed-use programming.
  • Situated in one of Manhattan's most exclusive submarkets, the property benefits from
  • consistently strong luxury retail and hospitality performance, an extremely high-net-worth
  • residential population, and a strong corporate presence driving business demand

Getting around

  • 99/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New York, NY
  • Neighborhood Central Midtown
  • Zip Code 10022
  • Market Manhattan

Points of Interest

  • 5th Avenue–53rd Street

    0.18 miles

  • East 53rd Street & Lexington Avenue at Northeast Corner

    0.20 miles

  • East 53rd Street & Lexington Avenue at Southeast Corner

    0.21 miles

  • Lexington Avenue–53rd Street

    0.21 miles

  • East 59th Street & Lexington Avenue at Southwest Corner

    0.23 miles

  • East 59th Street & Lexington Avenue at Northwest Corner

    0.24 miles

  • East 59th Street & Lexington Avenue at Southeast Corner

    0.25 miles

  • East 51st Street & Lexington Avenue at Northwest Corner

    0.25 miles

  • East 51st Street & Lexington Avenue at Southwest Corner

    0.26 miles

  • East 53rd Street & 3rd Avenue at Northwest Corner

    0.26 miles

  • ChargePoint

    0.16 miles

  • Tesla Supercharger

    0.52 miles

  • Bus Charging Station

    0.91 miles

  • Blink

    1.13 miles

  • Mobil

    1.19 miles

  • Sunoco

    1.58 miles

  • Citgo

    1.61 miles

  • BP

    1.68 miles

  • Atlantic

    1.74 miles

  • Shell

    1.74 miles

  • Alpha Garage

    0.12 miles

  • Central Parking

    0.25 miles

  • Icon

    0.46 miles

  • Champion

    0.49 miles

  • Quik Park Garage

    0.50 miles

  • 20th Century Garage

    0.57 miles

  • intlFcstone 10022 LOCi Multi

    0.59 miles

  • Hippodrome Parking

    0.63 miles

  • Quik Park

    0.66 miles

  • 24 Hour Parking

    0.76 miles

  • Hotel Elysee by Library Hotel Collection

    0.07 miles

  • adour alan ducasse

    0.08 miles

  • St Regis

    0.10 miles

  • Lombardy Hotel

    0.11 miles

  • Four Seasons Hotel

    0.12 miles

  • Concorde Hotel

    0.13 miles

  • Hotel 57

    0.15 miles

  • The Peninsula New York

    0.16 miles

  • Fitzpatrick

    0.18 miles

  • Chambers Hotel

    0.21 miles

  • Saks Off 5th

    0.15 miles

  • Bergdorf Goodman

    0.17 miles

  • Bergdorf Goodman, Canada Goose

    0.19 miles

  • Amazon Go

    0.23 miles

  • MUJI

    0.23 miles

  • Dainobu

    0.24 miles

  • Barneys New York

    0.28 miles

  • Bloomingdale's

    0.30 miles

  • Saks Fifth Avenue

    0.31 miles

  • Whole Foods Market

    0.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bob Knakal

BKREA

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