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400 E 54th St
New York, NY 10022
Garage Condo for Sale · Flex Property For Sale
Executive Summary
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
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 140 |
| Sale Type | Owner User |
| No. Parking Spaces | 140 |
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
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
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit COMM-B | 29,830 SF | Flex | Upon Request | - |
Unit COMM-B
| Unit Size |
| 29,830 SF |
| Condo Use |
| Flex |
| Price |
| Upon Request |
| NOI |
| - |
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Unit COMM-B
| Unit Size | 29,830 SF |
| Condo Use | Flex |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 140 |
| 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)</li></ul> | |
| Sale Notes | |
| All cash; no contingencies; no owner financing<br> Can be purchased alone or with adjoining 411 East 53rd St garage (72 vehicles) at $4.5 million<br> Common charges (2026): $82,893.12<br> Taxes ('25/'26): $218,437.02</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 236,322 SF | Floors | 31 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,530 SF |
| Property Subtype | Apartment | Year Built | 1972 |
| Building Class | B | Lot Size | 0.45 AC |
| Zoning | R10 - Attended parking | ||
| Total Building Size | 236,322 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 31 |
| Typical Floor Size | 7,530 SF |
| Year Built | 1972 |
| Lot Size | 0.45 AC |
| Zoning | R10 - Attended parking |
Amenities
Site Amenities
- Concierge
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Doorman
- Storage Space
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 228 | - | - |
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