Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

54-56 West 31st Street presents a rare opportunity to acquire a vacant commercial property in the heart of Midtown Manhattan. Formerly comprised of two separate buildings, the property has since been combined into a single building and tax lot, offering approximately 9,100 square feet, including the cellar level, across multiple floors and a highly desirable rooftop component.
The property was formerly home to O’Reilly’s Irish Pub, a well-known Midtown Manhattan establishment that served patrons for decades and became a familiar destination for residents, commuters, sports fans, and visitors to the Penn Station and Madison Square Garden district. The rooftop component further distinguished the property and contributed to its longstanding presence within the neighborhood. (Manhattan Sideways)
Delivered vacant and in shell condition, the property provides exceptional flexibility for repositioning, hospitality, restaurant, entertainment, retail, owner-user occupancy, or other value-add opportunities. Strategically located between Penn Station, Madison Square Garden, Herald Square, and Koreatown, the asset benefits from one of Manhattan’s most active commercial corridors and substantial pedestrian traffic.
Asking Price: $12,000,000
For additional information or to arrange a private tour, please contact:
Paul Son, Broker
pson@findrealestate.com
(212) 300-3869
Julie Lee, Broker
julie@findrealestate.com
(212) 719-5315

Property Facts

Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,101 SF
Building Class
C
Year Built
1910
Price
$12,000,000
Price Per SF
$1,318.54
Tenancy
Single
Building Height
4 Stories
Building FAR
3.48
Lot Size
0.06 AC
Zoning
C6-4X - Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location
Frontage
40’ on W 31st

Amenities

  • Signage
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

CorePower Yoga
Pret A Manger
Starbucks
Bank of Hope
Citi
Chase
Bank of America
Capital One
BankUnited
Santander

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0832-0076
  • 0832-0077
Land Assessment
$630,000
Improvements Assessment
$1,074,150
Total Assessment
$1,704,150
  • Listing ID: 40867562

  • Date on Market: 6/10/2026

  • Last Updated:

  • Address: 54 W 31st St, New York, NY 10001

Contact the Sale Advisor

54 W 31st St

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}