Sotheby’s International Realty has been exclusively retained to arrange the sale of 41 West 56th Street, an elevator building located on the north side of West 56th Street between 5th and 6th Avenues in Central Midtown Manhattan. The property is currently 100 percent vacant and provides an incoming investor or user with immediate control of the asset and a clear path to repositioning and lease up.
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 significantly embedded upside through repositioning and future air rights potential.