Meridian Investment Sales is pleased to present exclusively 5 West 54th Street ("Petrola House" or the "Property"), a landmarked, Class A boutique mansion delivered vacant in the heart of Midtown Manhattan. Positioned on West 54th Street between Fifth and Sixth Avenues, one of Manhattan's most prestigious mansion blocks, the University Club, the Museum of Modern Art, and the city's flagship luxury retail corridor, the Property offers a rare asset in an irreplaceable location. Constructed in 1899 and most recently altered in 1972, the five- story mansion encompasses approximately 14,966 rentable square feet above a 25 by 100-foot lot, providing full vacant possession and complete flexibility to reposition the asset.

Vacant delivery is the defining feature of this offering. Free of in-place tenancy and lease encumbrances, the Property presents a clean slate for an owner-user, investor, or operator to execute a business plan without the friction of buyouts, holdovers, or assumed obligations. The floor plates, private mansion configuration, and trophy address support a wide range of repositioning strategies such as flagship owner-user headquarters or boutique office, luxury residential conversion, hospitality, private membership venue, gallery, or foundation use.

In summary, 5 West 54th Street offers institutional and private capital a singular combination to acquire a landmarked trophy mansion asset, delivered fully vacant, on a world-class Midtown block, with flexible repositioning potential across office, residential, and hospitality uses. Opportunities to acquire an unencumbered, landmark-quality asset of this caliber in this location are exceptionally rare.