5 West 54th Street
5 West 54th Street
Between Fifth & Sixth Avenues
Midtown
Midtown
Landmarked five-story office mansion on a prime Midtown block between Fifth and Sixth Avenues
| Neighborhood | Midtown |
|---|---|
| Size | 14,966 SF |
Investment Highlights:
Meridian Investment Sales presents 157-05 & 07 Cross Bay Boulevard, a 33,600-square-foot, two-story retail corner in the heart of Howard Beach, Queens, available for the first time in over 50 years. The fully occupied property is anchored by two long-term tenants, CVS on the ground floor and Limitless Fitness above, and includes a dedicated surface parking lot, a rare amenity along this busy retail corridor. With 370 feet of frontage on Cross Bay Boulevard, a partial double-net recovery structure, and in-place rents well below the South Queens market average, the asset offers durable income today and meaningful upside ahead.