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55 East 59th Street

Upper East Side

New York, NY 10022

  • 997 - 12,342 sqft
  • inquire for pricing

Building Details

  • Floors24
  • Height317 feet
  • ArchitectDavis, Brody & Associates
  • Walk Score®98
  • Year Built1986
  • Noise Index0.53

The Delmonico Plaza Building is located on 55 East 59th Street, New York, NY 10022, on 59th Street and Madison Avenue. The structure was completed in 1986, tops out at 24 stories, reaches a height of 317 feet, and contains over 551,000 square feet of office space for rent. Since 55 East 59th Street is a larger structure, it is well suited for organizations looking for premium commercial real estate and large blocks of contiguous office space. Many of the newer buildings that are springing up around Midtown and the Financial District have large vacancies that have yet to be filled. These kinds of spaces are ideal for large firms that are looking up to open a base of operations in New York City. The Delmonico Plaza Building has been renovated at numerous time throughout its long history. The improvements have served to improve the office space to modern standards as well as keep building lobby and infrastructure functional and up-to-date. 55 E 59th St is located in Midtown, which is Manhattan’s premier business district. Midtown Manhattan features a huge amount of commercial real estate and is one of the most densely populated pieces of land in the world. There are a huge number of skyscrapers, hotels, restaurants, retailers, bus stops, and train stations that saturate the neighborhood with high quality tenants and both native and tourist foot traffic. The result is a great selection of office space for tenants, and huge foot traffic numbers for retailers. The Delmonico Plaza Building is highly accessible thanks to New York City’s extensive bus and train network. The Metropolitan Transit Authority (MTA) features a huge bus network which make nearly all portions of the city accessible. In addition, the building lies in close proximity to the MTA’s yellow, green, and orange subway lines. These transportation options help make the building easily accessible.

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  • Availability

    UnitSizePriceInquire
    Space997 sqftInquire for pricing
    Ground997 sqftInquire for pricing
    Office Space2,200 sqftInquire for pricing
    Entire 12th Floor12,342 sqftInquire for pricing
    • 0.12 mi🥘Harry Cipriani
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    • 0.18 mi🚇NRW59th Street-Lexington Avenue
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    • 0.24 mi🚇F QLexington Avenue-63rd Street
    • 0.25 mi🥘Chipotle
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    • 0.29 mi☕️Juice Press
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    • 0.34 mi🚇EM53rd Street-5th Avenue
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    • 0.36 mi🥘Mozzarella & Vino
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    • 0.36 mi🚇EM53rd Street-Lexington Avenue
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    • 0.46 mi🚇668th Street - Hunter College
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    Neighborhood

    Upper East Side

    People often think of affluence, luxury, and the grand apartments and mansions lining the streets when they think of the Upper East Side. In many ways, this reputation has contributed to the Upper East Side’s slower pace of living compared to Midtown and Lower Manhattan. Many historically significant families had homes in the Upper East Side, including the Kennedys, Roosevelts, Rockefellers, and Carnegies. The boundaries of the neighborhood are defined by 59th Street, Central Park, 96th Street, and the East River. The district is composed of three smaller neighborhoods: Lenox Hill covering the area between 59th Street and 77th Street, Carnegie Hill tucked between upper Third Avenue and Central Park, and Yorkville occupying the northeast corner.

    Upper East Side Office Space | Lease Data & Trends

    Commercial real estate rents in the Upper East Side fall right at the New York City average of $72 per square foot. Newer office spaces tend to be located on the east side of Third Avenue, while historic Class A and Class B buildings constructed in the 1920s are more common along Park Avenue and Fifth and Madison Avenues. Office suites and entire floors compose a significant portion of the available office space in the Upper East Side.

    What Our Brokers Say

    With the United Nations less than a 30-minute commute away from a majority of the Upper East Side, diplomatic missions and consulates often occupy the former mansions of the neighborhood, including those of Austria, France, Greece, Italy, India, and Pakistan. Companies with global and international connections might find that office space in the Upper East Side fits their needs.

    Businesses in the medical sector will also be in good company in the Upper East Side. The Memorial Sloan Kettering Cancer Center, Weill Cornell Hospital, and Gracie Square Hospital are just a few of the medical institutions in the area. The campuses of a variety of medical schools as well as Hunter College, Rockefeller University, and Fordham University are also located in the Upper East Side, attracting students and recent graduates to the area who form a skilled talent pool.

    The sophistication and elegance of the Upper East Side draw many construction companies, architects, and interior designers who find inspiration in the abundance of art, nature, and classic NYC vibes of the neighborhood. Companies with office space in the Upper East Side include Annie and Company Needlepoint, California Closets, French Bull, dineen architecture + design, as well as the New York offices of National Geographic.

    Getting Around the Upper East Side

    Commuting to and from the Upper East Side has become much more convenient following the completion of the Second Avenue Subway. The Q train now runs from 72nd Street up to 96th Street and diverts congestion from the notoriously dysfunctional 4, 5, and 6 lines. Suburban commuters can connect to the Lexington Avenue line at Grand Central Station. Nearly a dozen bus routes running uptown and downtown serve the area, as well as five crosstown buses.

    WalkScore rates the Upper East Side with walking and transit scores of 99. Central Park and the East River Esplanade provide pedestrians and bikers with scenic trails to take to work or unwind from the day. CitiBike continues to expand its Upper East Side stations, and bike lanes are located on First Avenue and Second Avenue.

    Nearby neighborhoods include: Midtown, Midtown East, Plaza District, Park Avenue, the Upper West Side, and Harlem

    Upper East Side Neighborhood & History

    Affluence has been a defining trait of the Upper East Side for so long that the neighborhood was once known as the Silk Stocking District. Wealthy families enjoyed a luxurious lifestyle with immediate access to both Central Park and the retail shops along Fifth Avenue. While pockets of affordable housing can be found closer to the East River, the Upper East Side has some of the most expensive housing in Manhattan and the rest of the United States.

    One of the Upper East Side’s defining features is the section of Fifth Avenue between 82nd Street and 105th street known as “Museum Mile.” A favorite family and tourist destination, nine museums are located on this stretch of Fifth Avenue including the Guggenheim Museum, the Frick Collection, the Metropolitan Museum of Art, and The Jewish Museum.

    The museums also offer excellent restaurants that are ideal for business lunches, such as Russ & Daughters at The Jewish Musem and Flora Bar at the Met. Our team also enjoys eating out at Blake Lane, Petaluma, Café Beach, Pastrami Queen, and Via Quadronno.

    upper-east-side-manhattanpark-avenuemetropolitan-museumupper-east-side

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