348 East 55th Street

Sutton Place   |   Second Avenue & First Avenue

Building For Sale
$ 5,100,000
Ownership Multi-Family
Floors/Apts 6/2
Status Active
Building Type Townhouse
Year Built 1930
Listing ID: 99392TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

The 22-foot-wide townhouse at 348 East 55th Street is located on a quiet, tree-lined block adjacent to the sought-after Sutton Place neighborhood, offering an exceptional opportunity to create a unique and tailored space in one of Manhattan’s most desirable areas. Spanning five stories and approximately 7,000 square feet, the property is just steps from major offices, the United Nations, and an array of dining, shopping, and cultural landmarks. Currently used for an institution, the townhouse provides immense flexibility for a range of uses. It is perfectly suited for conversion to a single-family home, boutique condominium development, a nonprofit headquarters, or even an ambassador’s residence. With the potential to expand the property to approximately 9,000 square feet, developers and end-users alike will appreciate the opportunity to reimagine and maximize the space to suit their specific needs. Midtown East is renowned for its blend of residential charm and urban convenience. Tree-lined streets and proximity to the East River offer a tranquil setting, while easy access to public transportation and Midtown’s business district make it an ideal location for both personal and professional use. This townhouse represents a rare chance to invest in a well-positioned property with endless potential in one of Manhattan’s most sought-after neighborhoods.
The 22-foot-wide townhouse at 348 East 55th Street is located on a quiet, tree-lined block adjacent to the sought-after Sutton Place neighborhood, offering an exceptional opportunity to create a unique and tailored space in one of Manhattan’s most desirable areas. Spanning five stories and approximately 7,000 square feet, the property is just steps from major offices, the United Nations, and an array of dining, shopping, and cultural landmarks. Currently used for an institution, the townhouse provides immense flexibility for a range of uses. It is perfectly suited for conversion to a single-family home, boutique condominium development, a nonprofit headquarters, or even an ambassador’s residence. With the potential to expand the property to approximately 9,000 square feet, developers and end-users alike will appreciate the opportunity to reimagine and maximize the space to suit their specific needs. Midtown East is renowned for its blend of residential charm and urban convenience. Tree-lined streets and proximity to the East River offer a tranquil setting, while easy access to public transportation and Midtown’s business district make it an ideal location for both personal and professional use. This townhouse represents a rare chance to invest in a well-positioned property with endless potential in one of Manhattan’s most sought-after neighborhoods.

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C
348 East 55th Street Sutton Place New York NY 10022

Building Details [348 East 55th Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 1347/32
Building Type Townhouse
Year Built 1930
Floors/Apts 6/2

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.